Persistent Systems Limited has submitted a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding the resignation of Dr. Rajesh Gharpure from his executive position.
Key Personnel Change
Dr. Rajesh Gharpure has resigned from the position of Chief Delivery Officer and as a Senior Management Personnel (SMP) of the Company. The resignation is effective from the closure of business hours on October 14, 2026 (IST).
Reason for Resignation
The resignation is attributed to personal reasons. The disclosure explicitly states that "there was no material reason for his resignation," which is confirmed in Dr. Gharpure's resignation letter addressed to Sandeep Kalra, Executive Director and Chief Executive Officer.
Documentation
The filing includes the requisite disclosure as Annexure A and the resignation letter submitted by Dr. Rajesh Gharpure.
Financial and Operational Impact
No financial or operational impact is disclosed in the filing. The resignation appears to be a routine management change without stated material consequences.