Stock Report

Sonata Software Secures a $73 Million AI-led Digital Modernization Deal with a Leading US TMT Company

Posted On : 2025-04-28 09:36:02( TIMEZONE : IST )

Sonata Software [NSE: SONATSOFTW, BSE: 532221], a global leader in Modernization Engineering, today announced a landmark $73 million, five-year transformational engagement with a major US-based company in the Technology, Media, and Telecom (TMT) sector.

This multi-year partnership marks a pivotal step in the client's digital strategy to enhance global scalability, accelerate innovation, and optimize IT operations through a strategic, AI-first outsourcing model. Sonata was chosen as the partner because of its deep engineering expertise, nimble delivery model, and proven track record in driving AI-powered business transformation.

Under this engagement, Sonata will establish a dedicated AI-enabled Modernization Engineering Center in India. The program will cover critical areas, including platform engineering, cloud transformation (Amazon Cloud), enterprise systems (Salesforce, Workday), cybersecurity, data services, and modern application development-all built on a foundation of automation and scalable engineering practices.

"This is the second-largest deal in Sonata's history-and a proud milestone for Team Sonata," said Samir Dhir, Managing Director and CEO of Sonata Software. "It reflects our unique positioning as a right-sized partner for enterprises seeking deep modernization capabilities and AI-first transformation. We are excited to help our client unlock new speed, agility, and digital resilience levels."

Sonata's approach will empower the client to realize enhanced operational efficiency, faster innovation cycles, and the agility to scale across geographies-solidifying its leadership in a highly dynamic industry landscape.

Shares of Sonata Software Limited was last trading in BSE at Rs. 337.50 as compared to the previous close of Rs. 355.70. The total number of shares traded during the day was 572204 in over 9233 trades.

The stock hit an intraday high of Rs. 360.85 and intraday low of 334.50. The net turnover during the day was Rs. 196925626.00.