Persistent Systems Limited — Major Shareholding Notification 2019

Nov 18, 2019

NSE & BSE / 2019 -20 / 79 November 18, 2019

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

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

Ref: Symbol: PERSISTENT Ref: Scrip Code: 533179

Dear Sir/ Madam,

Sub: Disclosure by PSPL ESOP Management Trust for the change in shareholding under SEBI (Prohibition of Insider Trading) Regulations, 2015

Ref: Our letter bearing no. NSE & BSE / 2019-20 / 57 dated August 29, 2019

In terms of the Regulations 7(3) read along with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 (the "Regulations"), the Company has received a disclosure dated November 15, 2019, from the Trustees of PSPL ESOP Management Trust, informing the number of Equity Shares purchased on November 13 and 14, 2019.

Please find enclosed the disclosure for your ready reference.

Please note that the purchase of above shares of the Company by PSPL ESOP Management Trust in terms of the communication of the Company to the exchanges about the above purchase plan.

Please acknowledge the receipt.

Thanking you,

� A · Atre Company Secretary ICSI Membership No.: ACS 20507

Encl.: As above

FORM D SEBI (Prohibition of Insider Trading) Regulations, 2015 [Regulation 7 (3) read with Regulation 6(2)]

Name of the company: Persistent Systems Limited

ISIN of the company: INE262H01013

Details of trading in securities by other connected persons as identified by the Company

Name, PAN, CIN / DIN, & address with contact nos. of other	Connection with the Company		Securities held prior to acquisition	Securities acquired				Securities held post acquisition		Date of acquisition of shares		Date of intimation to	Mode of acquisition
connected persons as		Type of	No. and% of	Type of	No.	Value	Transaction	Type of	No. and% of	From	To	company
identified by the Company		security	shareholding	security		(INR)	Type	security	shareholding	Date of Buy or Sale	Date of Buy or Sale
PSPL ESOP Management Trust (Trustees -Narasinha Narayan Upadhye and Vikas Chandrakant Sawant) PAN - MATP3919K	Connected Person	Equity Shares	2,188,223 (2.8632%)	Equity Shares	24,150	15,054,564.88	Buy	Equity Shares	2,212,373 (2.8948%)	Nov. 13, 2019	Nov. 14, 2019	Nov. 15, 2019	Shares purchased through NSE
Address- Bhageerath, 402 Senapati Bapat Road, Pune 411 016 Contact No. +91 020 6703 0000			2,212,373 (2.8948%)		1,250	777,607.51			2,213,623 (2.8965%)				Shares purchased through BSE

Note: "Securities" shall have the meaning as defined under regulation 2(1}(i) of 5£81 (Prohibition of Insider Trading) Regulations, 2015.

Details of trading in derivatives by other connected persons as identified by the Company

			Trading in derivatives (Specify type of contract, Futures or Options etc.) (Not Applicable, as Persistent Systems Limited does not have Derivatives)			Exchange on which the trade was executed
Type of	Contract		Buy
contract	specifications	Notional Value	Number of units (contracts * lot size)	Notional Value	Number of units (contracts* lot size)
			NOT APPLICABLE

Note: In case of Options, notional value shall be calculated based on Premium plus strike price of options

PSPL ESOP Management Trust
�
Trustee� of PSPLESOP Management Trust- Narasinha Narayan
Upadhye and Vikas Chandrakant Sawant
November 15, 2019
Pune

.,,

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