Sonata Software Limited
Polunin Emerging Markets Small Cap Fund bought 19,21,834 shares of Sonata Software for ₹56.72 Cr at ₹295.12 apiece in a bulk deal.
A provider of Information Technology services and solutions, the company delivers software development, consulting, and digital transformation offerings to enterprises across the United States, Europe, the Middle East, Australia, and India. Sonata Software specializes in helping organizations modernize their technology infrastructure, optimize business operations, and achieve competitive advantage through customized IT solutions, strategic consulting expertise, and end-to-end technology implementation services.
An institutional long-only emerging-markets small-cap fund managed by London-based Polunin Capital Partners. The strategy launched in 2007 and uses a valuation-driven, contrarian process to find mispriced cyclical businesses. Polunin manages about £5.8 billion across five funds and separately managed accounts.