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Persistent Systems Achieves Top Rankings in Extel Executive Team Survey for Asia

Persistent Systems has achieved remarkable success in the prestigious Extel 2025 Executive Team Survey for Asia, securing its position as a “Most Honored Company” for the second consecutive year. This survey, conducted by Extel (formerly Institutional Investor Research), is highly regarded among investment professionals and recognizes outstanding performance in areas such as leadership, investor relations, and corporate governance across the Asian continent (excluding mainland China).

With a substantial improvement in its weighted overall score from 7 last year to 24 this year, Persistent has demonstrated its commitment to excellence in corporate governance, investor relations, and environmental, social, and governance (ESG) practices. The recognition underscores the company's robust leadership and disciplined capital allocation strategies, which have resonated well with both buy-side and sell-side analysts.

Areas of Distinction

In the 2025 rankings, Persistent Systems earned several notable placements:

• - 1st Place: Best CEO – Sandeep Kalra, Chairman and CEO
• - 1st Place: Company Board
• - 1st Place: Overall ESG
• - 2nd Place: Best Investor Relations Program
• - 3rd Place: Best Investor Relations Team

These accolades highlight the exceptional performance and commitment of Persistent Systems, led by Sandeep Kalra. The CEO expressed gratitude towards the portfolio managers and analysts for their high evaluation, which reflects a substantial improvement from the previous year and emphasizes the company’s dedication to delivering top-tier outcomes for all stakeholders.

Commitment to Stakeholders

Kalra stated, “We are proud to be recognized by Extel again. This year's rankings showcase our ongoing focus on achieving superior results and maintaining the highest standards of corporate governance, communication, and performance.” The CEO emphasized the importance of consistent engagement with the investment analyst community and the commitment of his team to uphold transparency and accountability in their strategic objectives.

The Extel Executive Team Survey remains a critical reference for investment professionals, providing insights into corporate performance in leadership, governance, and investor relations. This year's survey received participation from over 6,300 portfolio managers, investors, and analysts assessing companies across 18 sectors.

Maintaining High Standards

Persistent's top rankings in multiple categories reflect its strong leadership, clear and consistent communication strategies, and commitment to disciplined capital allocation. The company’s proactive engagement with its investor base, the credibility of its investor relations team, along with the quality and transparency of its disclosures, further emphasize a thoughtful approach to ESG strategies and stakeholder engagement, reinforcing its dedication to creating long-term value and exemplary corporate governance.

In the previous year’s Extel survey, Persistent also achieved leading positions, indicating a consistent trajectory of excellence.

About Persistent Systems

Persistent Systems (BSE: 533179, NSE: PERSISTENT) is a global services and solutions company specializing in digital engineering and enterprise modernization. With a workforce of over 24,500 employees across 19 countries, Persistent is committed to innovation and customer success. The company offers a wide range of services, including AI-driven software development, product engineering, data analytics, customer experience transformation, cloud computing, and intelligent automation.

Persistent is included in several prestigious indices, such as the MSCI India Index, Nifty Midcap 50, and Dow Jones Sustainability World Index, further solidifying its reputation in the market. The firm has also achieved CO2 neutrality, reinforcing its commitment to sustainability and responsible business practices. As a participant in the UN Global Compact, Persistent aligns its business strategies with universal principles regarding human rights, labor, the environment, and anti-corruption efforts.

With an impressive 327% growth in brand value since 2020, Persistent emerged as the fastest-growing IT services brand in the Brand Finance India 100 Report of 2024, showcasing its consistent growth and market leadership.

For more information, visit Persistent Systems.