Sonata Software Limited has issued a postal ballot notice to shareholders seeking approval for the re-appointment of Mr. P Srikar Reddy as Executive Vice Chairman and Whole-Time Director. The company has set up an electronic voting process through NSDL to facilitate shareholder participation in this important corporate governance decision.

Key Voting Details

The postal ballot process includes specific timelines and procedures for shareholder participation:

Executive Re-appointment Terms

The proposed re-appointment of Mr. P Srikar Reddy covers a two-year period with specific compensation structure:

Director Profile and Experience

Mr. P Srikar Reddy brings extensive experience to the role, having been with Sonata Software since 1986. He holds a graduate degree from Regional Engineering College (NIT, Trichy) and a Post Graduate in Management from IIM Calcutta. His current shareholding in the company stands at 3,090,431 shares as of February 6, 2026, representing 1.10% of the total shares.

The director has been actively involved with industry bodies including Nasscom and CII, serving as Chairman of the Regional Nasscom Council. He has been recognized for his contributions, including being featured in Business World's list of India's 10 most valuable CEOs in the large enterprise category.

Voting Process and Compliance

The postal ballot notice has been sent electronically to members whose email addresses are registered with the company, depositories, or depository participants. The company has engaged National Securities Depositories Limited (NSDL) to provide the e-voting facility, ensuring a transparent and efficient voting process.

Shareholders can access the voting platform through multiple channels:

• Direct login at www.evoting.nsdl.com
• Through existing demat account credentials
• Via NSDL mobile app "NSDL Speede"

The resolution requires approval through an ordinary resolution, and if passed, will be deemed effective from the last date of voting. The postal ballot notice and related documents are available on the company's website and NSDL's e-voting portal for member reference.

Sonata Software Limited has delivered strong financial performance in the third quarter ended December 31, 2025, showcasing significant growth across both revenue and profitability metrics. The company's Board of Directors, meeting on February 6, 2026, approved the unaudited financial results and announced key corporate decisions including dividend distribution and leadership appointments. The company also released its investor presentation highlighting strategic initiatives and modernization capabilities.

Financial Performance Highlights

The company demonstrated robust consolidated performance with revenue reaching ₹3,080.60 crores, marking substantial growth of 45.4% quarter-on-quarter and 8.4% year-on-year. This strong revenue performance was driven by contributions from both international IT services and domestic products & services segments.

Segment-wise Performance

International IT Services delivered steady progress with revenue of ₹738.60 crores, showing 1.1% quarter-on-quarter growth. In USD terms, Q3 FY26 revenue stood at $82.30 million with 0.4% QoQ growth and 0.3% in constant currency. The segment achieved EBITDA margin of 19.5%, representing 220 basis points improvement quarter-on-quarter. PAT before exceptional item reached ₹80.40 crores with 3.0% QoQ growth.

Domestic Products & Services segment experienced exceptional growth with revenue of ₹2,345.90 crores, representing remarkable 68.6% quarter-on-quarter expansion and 11.1% year-on-year growth. The segment's PAT before exceptional item stood at ₹47.10 crores, showing 11.6% QoQ improvement.

Strategic Modernization Focus

Sonata Software positions itself as a modernization engineering firm powered by its unique PLATFORMATION framework, transitioning from an 80-20 Run-Change model to an 80-20 Change-Run approach. The company has established a strong presence with 6,400+ engineers across US, EU, Asia & ANZ, serving clients across 15+ different nationalities.

Large Deal Wins and AI Integration

The company secured significant large deals during the quarter, including partnerships with Fortune 500 fintech clients and mortgage services companies. Strategic investments in Artificial Intelligence contributed approximately 14% of the overall order book for the quarter. The company has 32 large deals in the pipeline, with these deals typically requiring 4-6 quarters of pursuit on average.

Dividend Declaration and Corporate Actions

The Board approved a third interim dividend of ₹1.25 per equity share (125% on par value of ₹1) for the financial year 2025-26. This dividend distribution aligns with the company's commitment to implement a quarterly interim dividend payout policy.