ANI PR Wire
21 Nov 2022, 17:30 GMT+10
Bangalore (Karnataka) [India], November 21 (ANI/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."
Sonata Software
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]
This story is provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PRNewswire)
Get a daily dose of Cambodian Times 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 Cambodian Times.
More InformationWASHINGTON, D.C.: Industry leaders are pushing the Trump administration to clear regulatory obstacles slowing the rollout of self-driving...
NEW YORK, New York – Israeli military forces caused deaths and unnecessary suffering of Palestinian patients while occupying hospitals...
BRUSSELS, Belgium: The European Union is set to tighten steel import quotas starting in April, reducing inflows by 15 percent to prevent...
WASHINGTON, D.C.: U.S. Transportation Secretary Sean Duffy has warned that New York's Metropolitan Transportation Authority (MTA) could...
WASHINGTON, D.C.: Commerce Secretary Howard Lutnick said the Trump administration is asking companies and foreign governments to help...
Israel Air Force pilots have bombed a funeral in northern Gaza, killing more than a dozen mourners. Family and friends of Dr Wasim...
Kolkata (West Bengal) [India], March 22 (ANI): It's always a treat to watch a collaboration between members of Indian cinema and sports...
Kolkata (West Bengal) [India], March 22 (ANI): Royal Challengers Bengaluru captain Rajat Patidar won the toss and opted to bowl against...
New Delhi [India], March 22 (ANI): Several records are in line, waiting to be broken in the upcoming 'El Clasico' clash between Mumbai...
Kolkata (West Bengal) [India], March 22 (ANI): Adding his charm to the opening ceremony of the 18th edition of the Indian Premier League...
Mumbai (Maharashtra) [India], March 22 (ANI): Ahead of the 18th edition starting from Saturday, the Indian Premier League (IPL) have...
Mumbai (Maharashtra) [India], March 22 (ANI): Ahead of the Indian Premier League (IPL) 2025 campaign opener, New Zealand batter Kane...