Persistent Systems , a global leader in Digital Engineering and Enterprise Modernization, has been acknowledged as a “Most Honored Company” in the prestigious 2025 Asia (ex-Mainland China) Executive Team survey of the highly regarded buy-side and sell-side portfolio managers and research analysts conducted by Extel (formerly known as Institutional Investor Research).

Persistent has been recognized across multiple categories and improved its overall weighted score from 7 last year to 24 this year, demonstrating excellence in executive leadership, investor relations, corporate governance, and ESG practices. Among combined (buy-side and sell-side) analyst rankings, prominent positions include: 

•  First ranking for the following categories:
• Best CEO – Sandeep Kalra, Chief Executive Officer and Executive Director
• Company Board of Directors
• Overall ESG
• Second ranking under the “Best Investor Relations Program” category
• Third ranking under the “Best Investor Relations Team” category

 Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent

“We are proud to be recognized once again by Extel, and I am grateful to the portfolio managers and analysts who rated us so highly in the survey. This year’s rankings reflect a significant improvement from last year, underscoring our continued focus on delivering best-in-class outcomes for all our stakeholders. Thank you to the Persistent team for their dedication to upholding the highest standards of governance, communication, and performance. We will continue to engage meaningfully with the investment analyst community, sharing our progress and priorities with the same credibility, consistency, and accountability that have defined our approach.” 

The Extel Executive Team surveys are a trusted benchmark for buy-side and sell-side professionals to evaluate corporate performance across leadership, governance, and investor relations. Known for its independent, proprietary research and rankings, this year, Extel’s survey saw participation from over 6,300 portfolio managers, investors, and analysts evaluating companies across 18 sectors.