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Sonata Software Ltd is primarily engaged in the business of providing Information Technology (IT) Services and Solutions to its various customers in the United States of America, Europe, Middle East, Australia and India.
Sonata Software management held investor meetings with several institutional analysts. The company emphasized that only public information was discussed, ensuring no private or market-moving details were shared.
Sonata Software's merger with its wholly-owned subsidiary, Encore I.T. Services Solutions, is now effective. No new shares were issued, ensuring no impact on the company's capital structure.
Sonata Software's management held a virtual meeting with Invesco Asset Management. Discussions covered only public information, confirming no new, non-public details were shared. This ensures all investors have access to the same information.
Sonata Software submitted its FY26 Business Responsibility and Sustainability Report. Highlights include efforts towards carbon neutrality by 2030, innovative Harmoni.AI platform, and 60% sustainable sourcing. The company reported FY26 turnover of ₹10,701.24 Cr and net worth of ₹1,904.63 Cr.
Sonata Software's US subsidiary's bankruptcy petition against OBSA was dismissed. OBSA will now settle dues with creditors, including the subsidiary, through an out-of-court assignment process under California law.