Persistent Systems Limited — Capital/Financing Update 2023

Mar 17, 2023

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NSE & BSE / 2022-23 / 198

March 17, 2023

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

Ref: Scrip Code: 533179

Dear Sir/Madam,

• Sub: Intimation under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

• Ref: Our letter bearing Ref. No. NSE&BSE/2021-22/67 dated July 29, 2021, about the Intimation of the fresh issue and acquisition of Equity Shares through the secondary market by PSPL ESOP Management Trust (“ESOP Trust”).

Pursuant to Regulations 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and all other applicable provisions, if any, we wish to inform you that the meeting of the Board of Directors of Persistent Systems Limited (‘the Company’) is scheduled to be held on Wednesday, March 22, 2023, at Pune, to consider and approve inter alia, the issuance of the requisite number of Equity Shares of the Company within the limits as approved by the members of the Company at the 31[st] Annual General Meeting held in July 2021 and at such consideration as may be approved by the Board of Directors of the Company.

The trading window has already been closed for the insiders/designated employees who are involved in the above activity in their respective roles. The trading window will open for them 48 hours after the conclusion of this Board Meeting.

Please acknowledge the receipt.

Thanking you,

Yours Sincerely, For Persistent Systems Limited

Digitally signed by Amit Amit Murari Atre Murari Atre Date: 2023.03.17 19:00:47 +05'30'

Amit Atre Company Secretary ICSI Membership No.: A20507

Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India CIN - L72300PN1990PLC056696

Tel: +91 (20) 670 30000 | Fax - +91 (20) 6703 0008 | E-mail - info@persistent.com | Website - www.persistent.com

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