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Recognized under multiple categories, including Best CEO, Company Board of Directors, Overall ESG, Best Investor Relations Program, and Best Investor Relations team
SANTA CLARA, Calif. and PUNE, India, June 5, 2025 /PRNewswire/ -- Persistent Systems (BSE: 533179) (NSE: PERSISTENT), 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.
The leading positions across multiple categories highlight Persistent's strong executive leadership, clear and consistent communication, and disciplined capital allocation. The recognition also reflects the Company's proactive investor engagement, credibility of its investor relations team, quality, granularity and transparency of disclosures, and thoughtful approach to ESG strategy and stakeholder engagement, reinforcing its commitment to long-term value creation and governance excellence. Persistent had also earned top rankings in the 2024 edition of the survey.
About Persistent
Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization to businesses across industries. With over 24,500 employees located in 19 countries, the Company is committed to innovation and client success. Persistent offers a comprehensive suite of services, including AI-enabled software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. The Company is part of the MSCI India Index and is included in key indices of the National Stock Exchange of India, including the Nifty Midcap 50, Nifty IT, and Nifty MidCap Liquid 15 as well as several on the BSE such as the 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. As a participant of the United Nations Global Compact, Persistent is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals. With 327% growth in brand value since 2020, Persistent is the fastest-growing IT services brand in the 2024 Brand Finance India 100 Report.
www.persistent.com
Forward-looking and Cautionary Statements
For risks and uncertainties relating to forward-looking statements, please visit persistent.com/flcs
© 2025 Persistent Systems Ltd. All rights reserved.
Recognized under multiple categories, including Best CEO, Company Board of Directors, Overall ESG, Best Investor Relations Program, and Best Investor Relations team
SANTA CLARA, Calif. and PUNE, India, June 5, 2025 /PRNewswire/ -- Persistent Systems (BSE: 533179) (NSE: PERSISTENT), 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.
The leading positions across multiple categories highlight Persistent's strong executive leadership, clear and consistent communication, and disciplined capital allocation. The recognition also reflects the Company's proactive investor engagement, credibility of its investor relations team, quality, granularity and transparency of disclosures, and thoughtful approach to ESG strategy and stakeholder engagement, reinforcing its commitment to long-term value creation and governance excellence. Persistent had also earned top rankings in the 2024 edition of the survey.
About Persistent
Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization to businesses across industries. With over 24,500 employees located in 19 countries, the Company is committed to innovation and client success. Persistent offers a comprehensive suite of services, including AI-enabled software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. The Company is part of the MSCI India Index and is included in key indices of the National Stock Exchange of India, including the Nifty Midcap 50, Nifty IT, and Nifty MidCap Liquid 15 as well as several on the BSE such as the 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. As a participant of the United Nations Global Compact, Persistent is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals. With 327% growth in brand value since 2020, Persistent is the fastest-growing IT services brand in the 2024 Brand Finance India 100 Report.
www.persistent.com
Forward-looking and Cautionary Statements
For risks and uncertainties relating to forward-looking statements, please visit persistent.com/flcs
© 2025 Persistent Systems Ltd. All rights reserved.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Persistent Achieves Top Rankings for the Second Year in a Row in Extel's Asia Executive Team Survey
OSAKA, Japan, Dec. 25, 2025 /PRNewswire/ -- Takara Standard Inc. (Headquarters: Joto-ku, Osaka; President and CEO: Dai Komori), a manufacturer of residential equipment centered on system kitchens and baths, has launched its "Space Project." This initiative aims to leverage the enamel technology refined over more than 110 years to enter the space-related business.
The company established a new "Business Development Division" in January 2025. It aims to create new businesses beyond its residential equipment operations by leveraging its unique technological assets. One candidate is the space-related business. The global space industry market is expanding rapidly. In Japan, the Cabinet Office's "Basic Space Plan" sets a goal to double the market size from ¥4 trillion in 2020 to ¥8 trillion by the early 2030s. While Japan's space industry has historically developed under government leadership, it is now transitioning from public to private sector involvement. Private companies' technological development and business expansion are being supported, making this a market expected to grow significantly in the future. Leveraging our enamel technology cultivated over more than 100 years since our founding, we aim to enter space-related businesses.
Our enamel, highly regarded in the field of residential equipment, excels in durability, corrosion resistance, and cleanability, maintaining its performance even under harsh conditions. Indeed, results from "thermal vacuum testing" simulating the vacuum and extreme temperatures of space, and "vibration testing" evaluating damage, durability, and reliability from rocket launch vibrations, indicate our enamel is highly likely to be usable in space environments without issues. Furthermore, it is known that "regolith" (lunar sand), which can be locally sourced on the moon, is primarily composed of glassy micro-particles. This suggests it could potentially serve as an alternative material for glass frit (the enamel used in enamelware). By applying these findings, we aim to realize comfortable living environments in space. This includes utilizing enamel's heat resistance and durability for lunar base construction materials, and leveraging its hygienic properties and ease of cleaning for interior finishes and plumbing in lunar habitats and space modules.
Moving forward, we will pursue new possibilities for enamel while considering collaboration with domestic and international research institutions and related companies. To further advance this effort, we have launched the "Space Project" led by the Business Development Division and the Research and Development Division. This project plans to conduct additional environmental tests, including radiation testing, to confirm that current enamel possesses the performance required for application in the space environment. We will also explore new raw materials and manufacturing methods, such as producing enamel using regolith (lunar sand) and utilizing solar heat in space—instead of the high-temperature kilns typically used for enamel firing—to simulate space conditions. Aiming for commercialization starting in fiscal year 2035, we will develop enamel applications for space by 2030. We then target space implementation and further value enhancement for enamel beyond 2030, when the space market is expected to mature.
Takara Standard will continue to respond to the needs of the times and contribute to building a sustainable future society.
- Takara standard's HORO material:
"HORO" is a material that combines the strength of iron with the beauty of glass. Takara standard developed this proprietary HORO material, which overcomes the breakage of glass, over many years. Takara standard's "High-Quality HORO" showcases the robustness of iron, providing resilience against impacts, while the glass layer acts as a barrier against dirt and moisture. The durability of the enamel surface makes it distinctly different from ordinary enamel pots or other materials.
Until recently, HORO's surface had a glossy look, however, new products combine enamel with a matt finish. This means Takara can provide a variety of surface design products.
- 10 points that demonstrate the strength of Takara standard's HORO:
1. Can quickly wipe up water, easy to clean
2. Resistant to moisture and mold
3. Conveniently magnetic and can be used as a family message board
4. Very shock and crack resistant
5. Thanks to the ink jet printing tech, it is available in a wide range of colors and designs
6. The material allows permanent maker pen to be wiped off with water, meaning family can leave temporary messages
7. Scratch resistant
8. Heat resistant, giving peace of mind
9. Environmentally friendly (easily recyclable material; no adhesive used in assembly)
10. Odor resistant
＜About Takara Standard＞
Founded in 1912. With the brand message "Because water spaces matter," we manufacture and sell residential equipment centered on system kitchens and baths, leveraging our unique "high-grade enamel" technology. As a leading company in enamel technology meeting increasingly sophisticated, diverse, and complex customer needs, and as a top manufacturer of residential equipment, we pursue new possibilities for enamel to support the next generation and aim to create comfortable living.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Leveraging Enamel Technology for Entry into Space Industry Space Project Launched
