PR Newswire
21 Nov 2022, 17:33 GMT+10
![]() |
BANGALORE, India, Nov. 21, 2022 /PRNewswire/ -- Sonata Software, a global IT Services and Technology Solutions Company, announced that it has, second time in a row, bagged the coveted 'Golden Peacock Award for Excellence in Corporate Governance' for the year 2022, in a national category under IT Sector.
Sonata Software was presented the award at the 'Golden Peacock Awards Nite', held on November 10, 2022, during the '2022 London Global Convention on Corporate Governance & Sustainability' presented by the Institute of Directors, India at London (UK). 'Building an Effective Board that Works & TOP GLOBAL TRENDS' was the theme of the convention.
Golden Peacock Awards, instituted by the Institute of Directors (IOD), India in 1991, are now regarded as a benchmark of Corporate Excellence worldwide. No award has achieved such respectability and admiration from the industry as the 'Golden Peacock Awards', which today receives over 1000 applications for various Awards each year. This is largely due to its transparent and 3-Tier evaluation process, based on internationally recognized criteria.
"Corporate governance is the expression of the company's value systems in real terms. At Sonata, honesty, integrity, and transparency are core values, and good corporate governance is how those values are translated into day-to-day practices and processes. We are delighted with the Golden Peacock award, because, more than anything, it is recognition of our values, and our effectiveness in making sure that those values are at the heart of everything we do," said Samir Dhir, CEO, Sonata Software.
"Sonata Software, as one of the world's leading IT Services and Technology Solutions company, supports businesses achieve digital transformation with a special design thinking-led approach in this highly competitive digital era. Established in 1994, as one of the fastest growing industries, it maintains a highly independent effective Board and drives good Corporate Governance while ensuring a culture of diversity, inclusiveness, transparency, equity, accountability and also adopting various social development policies. In its last shareholder satisfaction survey in 2020, it was found they obtained 4 out of 5, which is remarkable. Congratulations," said Manoj K. Raut, Chief Executive Officer & Secretary-General, Institute of Directors, India.
Jagannathan Chakravarthi, CFO, Sonata Software, said, "This award is a testimony to our consistent efforts to adhere to the highest standards in corporate governance and organizational practices. By implementing best practices, ensuring timely and effective flow of information and greater transparency, we strive to create a strong environment of trust and confidence in the Company's leadership and management."
For more information, press only:
Nandita Venkatesh
Sonata Software Limited
CIN- L72200MH1994PLC082110
A.P.S. Trust Building,
Bull Temple Road, N.R. Colony
Bangalore 560019, India
Tel: +91-8067781999
[email protected]
Get a daily dose of Asia Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Bulletin.
More InformationALBANY, New York: New York fired over 2,000 prison guards this week for not returning to work after a weeks-long strike that disrupted...
BEIJING, China: China has announced new tariffs on Canadian agricultural and food products in retaliation for Canada's recent duties...
ENNIS, Texas: A man died, and three of his family members were injured when their RV flipped several times during a strong storm at...
One halcyon spring day in 1903, the 69-year-old anatomist and naturalist Dr. James Bell Pettigrew sat at the top of a sloping street...
WEST PALM BEACH, Florida: Air Force fighter jets have stopped a civilian plane that entered restricted airspace near Donald Trump's...
CHICAGO/WASHINGTON, D.C.: Farmers and food groups across the U.S. are laying off workers, stopping investments, and struggling to get...
MILAN, Italy: Maserati has scrapped plans for an electric version of its MC20 sports car, citing low expected demand for the high-performance...
BERLIN, Germany: Volkswagen is set to cut 1,600 jobs at its Cariad software division by the end of the year, affecting nearly 30 percent...
The principal terminal, Terminal 1, at Israel's largest airport will reopen at the end of this month, having largely been closed since...
NEW YORK, New York - The knee-jerk introduction of trade tariffs by President Donald Trump continues to rattle markets with all the...
FRANKFURT, Germany: Ford announced this week that it will inject up to $4.8 billion into its struggling German unit to stabilize its...
SEATTLE, Washington: Boeing has revamped its employee incentive plan, tying annual bonuses for more than 100,000 workers to overall...