Persistent Systems Limited — Capital/Financing Update 2019

Aug 13, 2019

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NSE & BSE / 2019-20 / 056

August 13, 2019

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

Ref: Symbol: PERSISTENT

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

Ref: Scrip Code: 533179

Dear Sirs,

Sub: Update on Asset Acquisition of Above Solutions India Private Limited and its affiliates Ref: Our previous intimation dated September 27, 2018 under Ref. No. NSE & BSE 2018-19 I 56

With reference to our earlier above referred Intimation, we wish to inform you that the Company has completed the closing conditions related to acquisition of selected assets from Above Solutions India Private Limited and its affiliates.

Please acknowledge the receipt.

Thanking you,

Yours faithfully, For Persistent Systems Limited

Digitally signed by AMIT MURARI ATRE DN: c=IN, o=Personal, cn=AMIT MURARI ATRE, serialNumber=1fffce3b3dc9ca9e345088922b60 7a1960d3725a145edb2fc82e0b4d92d6aca3, postalCode=411043, 2.5.4.20=76cf6c852a122a049287d1b1230212b8 9ea2055a21ccf1ab702fe9b2551ea128, st=Maharashtra Date: 2019.08.13 18:54:34 +05'30'

AMIT MURARI

ATRE

Amit Atre Company Secretary ICSI Membership No.: ACS20507

Persistent Systems Limited , Bhageerath, 402 Senapati Bapat Road, Pune 411 016 | Tel. No. +91 (20) 6703 0000 Persistent Systems Inc. , 2055, Laurelwood Rd, Suite 210, Santa Clara, CA 95054, USA | Tel: +1 (408) 216 7010 CIN L72300PN1990PLC056696 | Fax No. +91 (20) 6703 0009 | e-mail – info@persistent.co.in | Website – www.persistent.com