Event Type and Schedule: Persistent Systems Limited will interact with institutional investors through a series of one-on-one and group meetings scheduled for Wednesday, September 30, 2026. The detailed schedule is as follows:

  • 10:30 AM IST: One-on-One meeting with Axis Max Life
  • 12:15 PM IST: One-on-One meeting with Aditya Birla Sun life Mutual Fund
  • 2:00 PM IST: Group Meeting with Abakkus and Carnelian
  • 4:00 PM IST: One-on-One meeting with Canara Robeco Mutual Fund

Purpose and Content: The purpose of the event is an investor interaction. During these sessions, the Company will reiterate the information contained in the Investor Presentation that was submitted to the stock exchanges on September 19, 2026, under reference number NSE & BSE / 2026-27 / 126. A copy of this presentation was enclosed with the intimation.

Compliance Statement: The company explicitly stated that no unpublished price sensitive information (UPSI) is proposed to be shared or discussed during these sessions.

Presentation Highlights: The enclosed investor presentation contained extensive financial and strategic information, including:

  • Financial Performance: Q1FY27 revenue was reported at $452 million, representing a quarter-on-quarter (QoQ) growth of 3.76% and a year-on-year (YoY) growth of 16.07%. This performance significantly outperformed the broader Indian IT peer group, which had an average QoQ growth of 0.52% and YoY growth of 3.44% for the quarter.
  • Strategic Acquisition: The presentation detailed the proposed acquisition of Nagarro SE. Persistent has entered into a Business Combination Agreement and agreed to acquire 100% of Nagarro at an Enterprise Value of approximately EUR 1.27 billion, based on a cash offer of EUR 81 per share. This represents a premium of ~140% to Nagarro's undisturbed closing price on June 25, 2026. The transaction values Nagarro at 1.27x EV/CY25A Revenue and 9.19x EV/CY25A Adjusted EBITDA.
  • Acquisition Rationale: Nagarro is described as a EUR 1 billion digital engineering business with 18,003 professionals across 38 countries. The acquisition is presented as a highly complementary strategic fit that expands Persistent's capabilities, diversifies its geographic footprint (particularly in Europe), and adds vertical depth in industries like Automotive, Manufacturing, and Retail.
  • Transaction Status: Persistent has already secured a ~21% stake in Nagarro via a share purchase agreement. The Management Board of Nagarro has expressed intent to tender their shares, and both company boards support the transaction. A voluntary public takeover offer for all outstanding shares has been extended, with a minimum acceptance threshold of 50% + 1 share.

Management Participants: The presentation listed the following speakers from Persistent Systems: Vinit Teredesai (Executive Director & Chief Executive Officer), Sandeep Kalra (Executive Director & Chief Financial Officer), Saurabh Dwivedi (Corporate Vice President, Finance & Strategy), and Rahul Ravi (Deputy General Manager, Corporate Development).

Additional Notes Section

  • The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • The letter was digitally signed by Amit Murari Atre, Company Secretary (ICSI Membership No.: ACS 20507), on behalf of Persistent Systems Limited.
  • An attachment was included: the full Investor Presentation dated September 2026.
  • The presentation contained extensive forward-looking and cautionary statements, disclaimers, and details on non-GAAP financial measures.