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Persistent Systems Achieves Remarkable Recognition Again

In a notable feat for corporate governance and leadership, Persistent Systems (BSE: 533179, NSE: PERSISTENT) has clinched top honors in the 2025 Asia Executive Team Survey conducted by Extel. This marks the second year in a row that the company has been acknowledged, emphasizing its commitment to excellence in various spheres of business leadership.

Acknowledgement Across Multiple Categories

This commendation is not just a nod to Persistent's overall performance but also highlights its strengths in several categories. Among these, Sandeep Kalra, the CEO, has been ranked as the top CEO, while the company also stood out for its ESG (Environmental, Social, and Governance) practices. Additionally, the board of directors received accolades, further solidifying Persistent’s reputation as a well-governed entity. The firm improved its weighted average score dramatically, increasing from 7 last year to 24 in the current survey, demonstrating consistent improvement and a strong commitment to transparency and performance metrics.

Honorable Mentions

Specifically, Persistent Systems captured the highest rank in several prestigious categories:

• - Best CEO: Sandeep Kalra
• - Corporate Board
• - Global ESG Practices

Furthermore, the company secured a second place for Best Investor Relations Program and a third place for Best Investor Relations Team, underscoring its dedication to maintaining healthy communication lines with investors and stakeholders alike.

CEO's Perspective

Sandeep Kalra expressed gratitude for this recognition, stating, “We are proud to once again be recognized by Extel, and I thank the portfolio managers and analysts who rated us so highly in the survey.” He emphasized that this recognition reflects a significant improvement compared to the previous year and highlights Persistent's ongoing commitment to delivering optimal results for all stakeholders involved.

Importance of the Extel Survey

The Extel Survey serves as a reliable benchmark for both buy-side and sell-side professionals to evaluate corporate performances regarding leadership, governance, and investor relations. The survey this year included over 6,300 portfolio managers and analysts assessing various companies across 18 sectors. This collective effort underscores the survey's credibility as a highly regarded tool in the financial community.

Persistent's Key Attributes

Persistent’s top rankings in a multitude of categories accentuate the company's strong leadership and disciplined capital allocation. The recognition is also a testament to the proactive approach the organization takes towards engaging with investors and the credibility of its investor relations team. The quality, transparency, and granularity of communications further reinforce its dedication to long-term value creation and outstanding governance standards.

Moreover, Persistent Systems achieved a significant milestone by gaining carbon neutrality, showcasing its commitment to sustainable practices and responsible business operations. The company is not only a participant of the United Nations Global Compact but also aligns its strategies with universal principles concerning human rights, labor standards, and environmental responsibilities.

Persistent's growth trajectory has been remarkable, with a 327% increase in brand value since 2020. This solid performance has led to its recognition as the fastest-growing IT services brand in the 2024 Brand Finance India 100 report.

About Persistent Systems

Persistent Systems is a global provider of services and solutions that delivers digital engineering and enterprise modernization across various sectors. Boasting a workforce of over 24,500 in 19 countries, the company is at the forefront of innovation aimed at driving its clients’ success. Its extensive range of services spans AI-driven software engineering, product development, data analytics, customer experience transformation, cloud computing, and intelligent automation.

With listings in major indices like the MSCI India, Nifty Midcap 50, and BSE SENSEX Next 50, Persistent has firmly established itself in the financial markets. The company’s commitment to ESG principles and sustainable practices positions it as a leader in responsible innovation.

For more information about Persistent Systems and its initiatives, visit Persistent Systems.