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Persistent Systems Limited — Regulatory Filings 2020
May 15, 2020
60826_rns_2020-05-15_b15f0df1-58b7-465d-ad8c-4da8970f2b69.pdf
Regulatory Filings
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NSE & BSE/ 2020-21/ 19 May 15, 2020
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 14th Floor, P J Towers, Dalal Street, Mumbai 400 001
Ref: Scrip Code: 53317
Dear Sir / Madam,
Sub.: Information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Persistent Systems Limited has been awarded a multi-year engagement by a leading US based multi-cloud Enterprise software company (“Client”).
As part of the engagement, Persistent Systems will set up a Global Technology Center (GTC) in India which will complement the Client’s product engineering roadmap. The GTC will provide product development, product engineering, customer support and related services to support the Client’s products for its global clientele. The engagement is for a period of five years with estimated revenues of US$ 50 million over five years.
Please acknowledge the receipt.
Thanking you,
Yours sincerely,
For Persistent Systems Limited
Amit Atre Company Secretary ICSI Membership. No.: A20507
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 l Fax - +91 (20) 6703 0009 I e-mail: [email protected] I Website: www.persistent.com