Persistent Systems Limited — Regulatory Filings 2026

May 29, 2026

Persistent

NSE & BSE / 2026-27 / 041

May 29, 2026

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
P J Towers, Dalal Street,
Mumbai 400 001

Ref: Scrip Code: 533179

Dear Sir/Madam,

Sub: Submission of Annual Secretarial Compliance Report for the Financial Year 2025-26

Pursuant to Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed the Annual Secretarial Compliance Report for the Financial Year 2025-26 dated May 19, 2026, and received by the Company from M/s. SVD & Associates, Company Secretaries, Pune, on May 28, 2026.

Please acknowledge the receipt.

Thanking you,

Yours Sincerely,

For Persistent Systems Limited

Amit
Murari Atre
Digitally signed by
Amit Murari Atre
Date: 2026.05.29
13:31:33 +05'30'

Amit Atre
Company Secretary
ICSI Membership No.: A20507

Encl: As above

Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India
CIN - L72300PN1990PLC056696
Tel: +91 (20) 670 35555 | Fax - +91 (20) 6703 6003 | E-mail - info@persistent.com | Website - www.persistent.com

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SVD & Associates
Company Secretaries
Office : No.5,Swastik Apartment, First Floor, Gulmohar Path, Near SNDT College, Erandvana, Pune-411004. Ph. : 020 2951 3730, 84840 35465 E-mail: cs@svdandassociates.com Web: www.svdandassociates.com

Secretarial Compliance Report of Persistent Systems Limited

For the Financial Year ended March 31, 2026

To,

Persistent Systems Limited
Bhageerath, 402, Senapati Bapat Road,
Pune-411016

We have conducted the review of the compliance of the applicable statutory provisions and the adherence to good corporate practices by Persistent Systems Limited bearing CIN: L72300PN1990PLC056696 (hereinafter referred to as the listed entity), having its registered office at Bhageerath, 402, Senapati Bapat Road, Pune-411016, Maharashtra, India, in terms of Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Secretarial Review was conducted in a manner that provided us a reasonable basis for evaluating the corporate conducts/statutory compliances and expressing our opinion thereon.

Based on our verification of the listed entity’s books, papers, minutes books, forms and returns filed and other records maintained by the listed entity and also the information provided by the listed entity, its officers, agents and authorized representatives during the conduct of Secretarial Review, we hereby report that the listed entity has, during the review period covering the Financial Year ended on March 31, 2026 (the review period) complied with the statutory provisions listed hereunder in the manner and subject to the reporting made hereinafter:

We, SVD & Associates Company Secretaries, have examined:

a. all the documents and records made available to us and explanation provided by the listed entity
b. the filings/ submissions made by the listed entity to the stock exchanges
c. website of the listed entity
d. any other document/ filing, as may be relevant, which has been relied upon to make this certification

SVD & Associates/ Persistent Systems Limited/ ASCRTET 2025-26
Page 1 of 11

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for the year ended March 31, 2026 in respect of compliance with provisions of:

a. the Securities and Exchange Board of India Act, 1992 ("SEBI Act") and the Regulations, circulars, guidelines issued thereunder; and
b. the Securities Contracts (Regulation) Act, 1956 ("SCRA"), rules made thereunder and the Regulations, circulars, guidelines issued thereunder by the Securities and Exchange Board of India ("SEBI");

The specific Regulations, whose provisions and the Circulars/Guidelines issued thereunder have been examined, include:

a. The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;
b. The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations);
c. The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015;
d. The Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018;
e. The Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021;
f. The Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 2025 regarding the Companies Act and dealing with client;
g. The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018; (not applicable to the listed entity during the review period);
h. The Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018; (not applicable to the listed entity during the review period);
i. The Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021; (not applicable to the listed entity during the review period);
j. The Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021; (not applicable to the listed entity during the review period).

and Circulars/Guidelines/Standards issued thereunder;

SVD & Associates/ Persistent Systems Limited/ASD/ETX 2025-26
Page 2 of 11

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Based on the above examination, we hereby report that, during the review period:

a. The listed entity has complied with the provisions of the above Regulations and circulars/ guidelines issued thereunder, except in respect of matters specified below:

Sr. No.	NIL
Compliance Requirement
(Regulation/ Circulars/ Guidelines including specific clause)
Regulation/ Circular No.
Deviations
Action Taken by
Type of Action
(Advisory/Clarification/Fine/Show cause Notice/Warning etc)
Details of Violation
Fine Amount
Observations/ Remarks of the Practicing Company Secretary
Management Response
Remarks

SVD & Associates/ Persistent Systems Limited/ ASCR/ FY 2025-26

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b. The listed entity has taken the following actions to comply with the observations made in previous reports:

Sr. No.	1
Observations/ Remarks of the Practicing Company Secretary in previous report	The SMP resigned w.e.f. February 09, 2024 and listed entity submitted the intimation w.r.t resignation of SMP through Corporate Announcement bearing Ref. No. NSE & BSE/2024-25/026 on April 28, 2024 which was beyond the time limit prescribed under the Listing Regulations
Observations made in the secretarial compliance report for the year ended 2024-25	March 31, 2025
Compliance Requirement (Regulations/circulars/guidelines including specific clause)	Regulation 30 read with pt. 7 of Para A of Part A of Schedule III of the Listing Regulations, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 (then applicable), the intimation about resignation of Senior Management Personnel (SMP) to be done within 24 hours from the event.
Details of violation / deviations and actions taken / penalty imposed, if any, on the listed entity	Delayed submission of intimation about resignation of SMP of the listed entity through Corporate Announcement bearing Ref. No. NSE & BSE / 2024-25 / 026 dated April 28, 2024
Remedial actions, if any, taken by the listed entity	In response to the clarification letter, the listed entity submitted the reason for delay with resignation copy through Corporate Announcement bearing Ref. No. NSE & BSE/2024-25/026A on April 29, 2024. Further, the listed entity disseminated the warning emails by submission of the intimation to both the Stock Exchanges through Corporate Announcement and also placed the same before the Board of Directors with the proposed corrective steps as advised by the Stock Exchanges.
Comments of the Practicing Company Secretary on the actions taken by the listed entity	The delay was one time which was not wilful or intentional and the remedial actions taken by the listed entity are satisfactory.

SVD & Associates/Persistent Systems Limited/ASER/FT 2025-26
Page 4 of 11

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c. We hereby report that, during the review period the compliance status of the listed entity with the following requirements:

Sr. No.	Particulars	Compliance status	Observations/ Remarks by PCS
1.	Secretarial Standards:
The compliances of the listed entity are in accordance with the applicable Secretarial Standards (SS) issued by the Institute of Company Secretaries of India (ICSI).	Yes	Nil
2.	Adoption and timely updation of the Policies:
• All applicable policies under SEBI Regulations are adopted with the approval of board of directors of the listed entities
• All the policies are in conformity with SEBI Regulations and has been reviewed & timely updated as per the regulations/circulars/ guidelines issued by SEBI.	Yes	Nil
3.	Maintenance and disclosures on Website:
• The listed entity is maintaining a functional website
• Timely dissemination of the documents/ information under a separate section on the website	Yes	Nil

SVD & Associates/Persistent Systems Limited/ASCR/FY 2025-26

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SVD & Associates/Persistent Systems Limited/ ASCR/ FY 2025-26
Page 6 of 11

Sr. No.	Particulars	Compliance status	Observations/ Remarks by PCS
	• Web-links provided in annual corporate governance reports under Regulation 27(2) are accurate and specific which re-directs to the relevant document(s)/ section of the website	Yes	Nil
4.	Disqualification of Director:
None of the Director of the listed entity are disqualified under Section 164 of the Companies Act, 2013	Yes	Nil
5.	Details related to Subsidiaries of listed entities:
a. Identification of material subsidiary companies
b. Requirements with respect to disclosure of material as well as other subsidiaries	Yes
Yes	Nil
Nil
6.	Preservation of Documents:
The listed entity is preserving and maintaining records as prescribed under SEBI Regulations and disposal of records as per Policy of Preservation of Documents and Archival policy prescribed under the Listing Regulations.	Yes	Nil

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SVD & Associates/ Persistent Systems Limited/ ASCR/ FY 2025-26
Page 7 of 11

Sr. No.	Particulars	Compliance status	Observations/ Remarks by PCS
7.	Performance Evaluation:
The listed entity has conducted performance evaluation of the Board, Independent Directors and the Committees at the start of every financial year as prescribed in SEBI Regulations.	Yes	Nil
8.	Related Party Transactions:
a. The listed entity has obtained prior approval of Audit Committee for all Related party transactions
b. In case no prior approval obtained, the listed entity shall provide detailed reasons along with confirmation whether the transactions were subsequently approved/ ratified/ rejected by the Audit committee.	Yes
NA	Nil
The listed entity has obtained prior approval of the Audit Committee
9.	Disclosure of events or information:
The listed entity has provided all the required disclosure(s) under Regulation 30 along with Schedule III of the Listing Regulations within the time limits prescribed thereunder.	Yes	Nil
10.	Prohibition of Insider Trading:
The listed entity is in compliance with Regulation 3(5) & 3(6) SEBI (Prohibition of Insider Trading) Regulations, 2015.	Yes	Nil

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SVD & Associates/ Persistent Systems Limited/ ASCR/ FY 2025-26
Page 8 of 11

Sr. No.	Particulars	Compliance status	Observations/ Remarks by PCS
11.	Actions taken by SEBI or Stock Exchange(s), if any:

No actions taken against the listed entity/ its promoters/ directors/ subsidiaries either by SEBI or by Stock Exchanges (including under the Standard Operating Procedures issued by SEBI through various circulars) under SEBI Regulations and circulars/ guidelines issued thereunder (or)

The actions taken against the listed entity/ its promoters/ directors/ subsidiaries either by SEBI or by Stock Exchanges are specified in the last column. | Yes | Nil |
| 12. | Resignation of statutory auditors from the listed entity or its material subsidiaries

In case of resignation of statutory auditor from the listed entity or any of its material subsidiaries during the financial year, the listed entity and/ or its material subsidiary (ies) has/ have complied with paragraph 6.1 and 6.2 of section V-D of chapter V of the Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 on compliance with the provisions of the Listing Regulations by listed entities. | NA | There is no case of resignation of Statutory Auditor from the listed entity or its material subsidiaries during the review period. |

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SVD & Associates/ Persistent Systems Limited/ ASCR/ FY 2025-26
Page 9 of 11

Sr. No.	Particulars	Compliance status	Observations/ Remarks by PCS
13.	No additional non-compliances observed:

No additional non-compliance observed for any of the SEBI regulation/circular/guidance note etc. except as reported above. | Yes | Nil |
| 14. | Disclosure about Employee Benefit Scheme Documents in terms of regulation 46 (2) (za) of the Listing Regulations:

As detailed in Paragraph 11, of section VI-L of chapter VI of the SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026:

a. The scheme document has been uploaded on the website of the listed entity after obtaining shareholder approval as required under SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

b. The documents uploaded on the website has minimum information disclosed to shareholders as per SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. | Yes | Nil |

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Sr. No.	Particulars	Compliance status	Observations/ Remarks by PCS
	c. The rationale for redacting information from the documents and the justification as to how such redacted information would affect competitive position or reveal commercial secrets of the listed entity is placed before the Board of Directors for consideration and approval.	Yes	Nil

For SVD & Associates
Company Secretaries

Sridhar Mudaliar
Partner
FCS No: 6156
C P No: 2664

Peer Review No: 6357/2025
UDIN: F006156H000398845
Place: Pune
Date: May 19, 2026

Note: This report is to be read with letter of even date by the Secretarial Auditors, which is annexed as Annexure A & forms an integral part of this report.

SVD & Associates/ Persistent Systems Limited/ ASCR/ FY 2025-26

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ANNEXURE A

To,

Persistent Systems Limited

Bhageerath, 402, Senapati Bapat Road,

Pune- 411016

Our Report of even date is to be read along with this letter.

Management's Responsibility

1. It is the responsibility of the management of the listed entity to maintain secretarial records, devise proper systems to ensure compliance with the provisions of all applicable laws and regulations and to ensure that the systems are adequate and operate effectively.

Our Responsibility

1. Our responsibility is to report based upon our examination of relevant documents and information. This is neither an audit nor an expression of opinion.

Methodology

1. We have relied on the documents and evidence provided physically and through electronic mode.

2. Wherever required, we have obtained the management's representation about the compliance of laws, rules and regulations and happening of events, etc.

Disclaimer

1. This report is solely for the intended purpose of compliance in terms of Regulation 24A (2) of the Listing Regulations, 2015 and is neither an assurance as to the future viability of the listed entity nor of the efficacy or effectiveness with which the management has conducted the affairs of the listed entity.

2. We have not verified the correctness and appropriateness of financial records and books of accounts of the listed entity.

For SVD & Associates
Company Secretaries

Sridhar Mudaliar
Partner
FCS No: 6156
C P No: 2664

Peer Review No: 6357/2025
UDIN: F006156H000398845

Place: Pune
Date: May 19, 2026

SVD & Associates/ Persistent Systems Limited/ ASCR/ FY 2025-26