Persistent Systems Named ‘Most Honored Company’ in 2025 Extel Asia Executive Team Survey

Extel

Pune: Persistent Systems (BSE: 533179 | NSE: PERSISTENT), a global leader in Digital Engineering and Enterprise Modernization, has been named a “Most Honored Company” in the 2025 Asia (ex-Mainland China) Executive Team Survey conducted by Extel (formerly Institutional Investor Research).

This marks the second consecutive year the company has received this prestigious recognition, reaffirming its leadership in corporate governance, investor relations, and environmental, social, and governance (ESG) practices.

In a significant leap from a weighted score of 7 in 2024 to 24 in 2025, Persistent Systems earned accolades across multiple categories:

Top Rankings in Analyst-Voted Categories (Combined Buy- and Sell-Side):

  • Best CEO – Sandeep Kalra, Chief Executive Officer and Executive Director
  • Best Company Board of Directors
  • Best Overall ESG
  • Best Investor Relations Program
  • Best Investor Relations Team

Sandeep Kalra, CEO and Executive Director, remarked, “We are deeply honored to be recognized again by Extel. The significant improvement in our rankings reflects our unwavering commitment to governance, transparency, and value creation for all stakeholders. I’m immensely proud of the Persistent team for consistently upholding these principles. We remain dedicated to delivering measurable outcomes and engaging meaningfully with the investment community.”

About the Extel Survey:

Extel’s Executive Team Survey is regarded as a premier benchmark by buy-side and sell-side analysts to evaluate companies on leadership effectiveness, corporate transparency, and communication. This year’s edition surveyed over 6,300 portfolio managers, investors, and analysts across 18 sectors.

Persistent Systems’ recognition as a Most Honored Company highlights the organization’s strategic clarity, disciplined capital allocation, ESG leadership, and the consistent credibility of its investor relations team. This follows its strong showing in the 2024 edition of the survey, reflecting Persistent’s sustained excellence in governance and stakeholder engagement.

Author

  • Salil Urunkar

    Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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