 |
Recognized for Excellence in Executive Leadership, Financial Stewardship, and Investor Relations Engagement
SANTA CLARA, California and PUNE, India, May 19, 2026 /PRNewswire/ — Persistent Systems (BSE: 533179; NSE: PERSISTENT), a global leader in digital engineering and enterprise modernization, today announced that it has been named a “Most Honored Company” in the 2026 Extel Asia Management Team Survey, maintaining strong performance in the survey for three consecutive years.
Persistent Secures Top Honors in Extel 2026 Asia Management Team Survey for Third Consecutive Year
The company achieved top rankings across multiple categories in Pan-Asia and Asia (ex-China), further solidifying its growing credibility within the global investment community. Persistent secured the following rankings in the Technology, IT Services, Software, and AI industry for Asia (ex-China):
- Sandeep Kalra, CEO and Executive Director, ranked #1 in the “Best CEO” category (Overall, Buy-side, and Sell-side)
- Persistent’s Investor Relations program ranked #1 (Sell-side)
- Vinit Teredesai, CFO and Executive Director, ranked #2 in the “Best CFO” category (Overall and Buy-side)
This recognition reflects Persistent’s consistent commitment to strong corporate governance, transparent stakeholder engagement, disciplined execution, and sustained business performance. The rankings highlight the company’s strengths in key survey metrics, including leadership credibility, communication skills, financial stewardship, capital allocation, executive accessibility, responsiveness to investors and analysts, and consistency and transparency in financial disclosures.
Extel is renowned for its independent research and rankings on corporate leadership, investor relations programs, governance, and financial communication. For over five decades, its survey has served as a benchmark for the global investment community. This year, more than 5,500 institutional investors and analysts evaluated over 2,500 companies and 2,700 executives across Asia. Persistent also achieved top rankings in the 2025 and 2024 surveys.
Sandeep Kalra, CEO and Executive Director, Persistent
“Consistent recognition in the Extel rankings reflects the trust and confidence that investors and analysts continue to place in Persistent. We sincerely thank them for their support and remain committed to upholding strong governance, disciplined execution, and delivering differentiated value to our clients. As the technology landscape continues to evolve, we stay focused on building a resilient, future-ready business that scales with purpose and agility, while consistently creating long-term value for all stakeholders.”
About Persistent
Persistent Systems (BSE: 533179; NSE: PERSISTENT) is a global services and solutions company delivering AI-led, platform-driven digital engineering and enterprise modernization to enterprises across industries. With over 27,500 employees across 18 countries, the company is dedicated to innovation and client success. Persistent offers a comprehensive portfolio of services, including software engineering, product development, data and analytics, customer experience transformation, cloud computing, and intelligent automation. The company is a constituent of the MSCI India Index and is included in several key NSE indices, including Nifty Midcap 50, Nifty IT, and Nifty MidCap Liquid 15, as well as BSE indices such as S&P BSE 100 and S&P BSE SENSEX Next 50. Persistent is also a constituent of the Dow Jones Sustainability World Index. The company has achieved carbon neutrality, reinforcing its commitment to sustainability and responsible business practices. Persistent has also been recognized as one of America’s Most Inclusive and Diverse Workplaces in 2025 by Newsweek and Plant A Insights Group. As a participant in the United Nations Global Compact, the company is committed to aligning its strategy and operations with universal principles on human rights, labor, environment, and anti-corruption, and taking actions to advance societal goals. Persistent has been named the fastest-growing IT services brand in the Brand Finance India 100 2025 report, with a 468% brand value increase since 2020.
www.persistent.com
Forward-Looking and Cautionary Statements
For risks and uncertainties related to forward-looking statements, please visit persistent.com/flcs