Persistent Systems Limited — Board/Management Information 2019

Jun 11, 2019

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PERSISTENT

NSE & BSE / 2019-20 / 22

June 11, 2019

The Manager, Corporate Services, National Stock Exchange of India Limited Exchange Plaza, Sandra Kurla Complex, Sandra (E), Mumbai 400 051

The Manager, Corporate Services, BSE Limited 14[th ] Floor, P J Towers, Dalal Street, Mumbai 400 001

Ref: Symbol: PERSISTENT

Ref: Scrip Code: 533179

Dear Sir/ Madam,

Sub: Intimation of the appointment of Mr. Sandeep Ka Ira, President-Technology Services Unit as an Additional Director (Executive Director) of the Company

In terms of Regulation 30 and any other applicable regulations, if any of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board, at its meeting held on June 11, 2019, has appointed Mr. Sandeep Kalra, President - Technology Services Unit as an Additional Director (Executive Director) of the Company with immediate effect for a period of 3 (Three) years subject to the approval of the Members in the ensuing Annual General Meeting of the Company and the Central Government.

A brief profile of Mr. Kalra is enclosed for your ready reference.

Please acknowledge the receipt.

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----- Start of picture text ----- Thanking you,----- End of picture text -----

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----- Start of picture text ----- � Amit e ("'t' Company SecretaryICSI Membership Number: ACS 20507----- End of picture text -----

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Encl: As above

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Persistent Systems Limited, Bhageerath, 402, Senapati Bapat Road, Pune 411016 I Tel : +91 (20) 670 30000 Persistent Systems Inc., 2055, Laurelwood Rd, Suite 210, Santa Clara, CA 95054, USA I Tel : +1 (408) 216 7010 CIN • L72300PN1990PLC056696 I Fax· +91 (20) 6703 0009 I e-mail· info@persistent.comIWebsite·www.persistent.com

Annexure

Brief Profile of Mr. Sandeep Kalra

Sr.No.1.Details of Events that need to beprovidedReason for change viz. appointment,resignation, removal, death or otherwise

Information of such events(s)Appointment of Additional Director (Executive Director)of the Company

2.3.Date of appointment / cessation (asapplicable) & term of appointmentBrief profile (in case of appointment)

Date -June 11, 2019Term of appointment -Mr. Sandeep Kalra, President - Technology ServicesUnit, has been appointed as an Additional Director(Executive Director) of the Company with immediateeffect for a period of 3 (Three) years subject to theapproval of the Members in the ensuing Annual GeneralMeeting of the Company and the Central Government.Mr. Sandeep Kalra is the President - TechnologyServices Unit at Persistent Systems. With his diversecapabilities, he leads the Technology Services Unit andoversees its global sales and delivery operations. TheBoard of Directors in its meeting held on June 11, 2019appointed him as an Additional Director (ExecutiveDirector).He is an experienced leader in the Software Servicesindustry and is skilled in P&L Management, Sales, GlobalDelivery,ITStrategyand Outsourced ProductDevelopment. He has a vast experience in working withPrivate Equity owned companies and Mergers &Acquisitions.Before joining Persistent, he was Senior Vice President& General Manager - Digital Transformation Solutions,HARMAN International (A Samsung Company), focusingon the next generation solutions across Cloud, Analyticsand Mobility for product companies and enterprises.Prior to that, he held multiple leadership positions atHCL Technologies, including Vice President, Healthcareand Em�rging Markets and Vice President, LATAM andCanada.He is an alumnus of Indian Institute of Management,Calcutta with a Bachelor of Science in ElectronicsEngineering from Jami a Milli a lslamia University.

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Sr.No.	Details of Events that need to beprovided	Information of such events(s)
4.	Disclosure of relationships betweendirectors (in case of appointment of adirector).	The Director do not have any inter-se relationship withany other director.Currently, he is holding 2,000 shares of the Company.

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