Event Type: The disclosure pertains to rescheduled Institutional Investor meetings (In-person), specifically one-on-one sessions.

Date and Time: The meetings are scheduled for Tuesday, September 29, 2026. The revised times are:

  • Capital Research: 10:15 AM SGT (Singapore Time)
  • Kotak Offshore: 2:15 PM SGT (Singapore Time)

Purpose of Event: During these sessions, the Company will reiterate the information contained in the Investor Presentation submitted to the stock exchanges on September 19, 2026, under Ref No. NSE & BSE / 2026-27 /126.

Compliance Statement: The company explicitly states that no unpublished price sensitive information (UPSI) is proposed to be shared or discussed during these sessions.

Presentation Details: A copy of the said Investor Presentation is enclosed with the disclosure. The presentation provides a comprehensive overview of the company's strategy and a major proposed acquisition.

Financial & Strategic Highlights from Enclosed Presentation:

The investor presentation, dated September 2026, provides extensive details on the company's proposed acquisition of Nagarro SE.

• Acquisition Details: Persistent has agreed to acquire 100% of Nagarro SE (excluding treasury shares) at an Enterprise Value of EUR ~1.27 billion, based on EUR 81 per share in cash. This represents a premium of ~140% to Nagarro's undisturbed closing price on June 25, 2026.

• Valuation Metrics: The transaction values Nagarro at 1.27X times EV / CY25A Revenue and 9.19X times EV / CY25A Adjusted EBITDA.

• Transaction Structure: Persistent has already secured a ~21% stake in Nagarro via a share purchase agreement and is extending a voluntary public takeover offer for all remaining outstanding shares. The minimum acceptance threshold for the open offer is 50% + 1 share.

• Management & Board Support: Nagarro's Supervisory Board and Management Board fully support the transaction and have signed a Business Combination Agreement (BCA). The Management Board has expressed its intent to tender their shares into the open offer.

• Strategic Rationale: The acquisition is presented as a "highly complementary strategic fit" that will create an "AI-led engineering powerhouse." Key benefits highlighted include a new dimension of scale (adding ~18,000 professionals), expanded capabilities in AI and digital engineering, geographic diversification (strong European footprint), broader vertical depth, and a strong cultural fit.

• Nagarro Business Overview: Nagarro is described as a EUR 1 billion Digital Engineering business with 18,003 professionals across 38 countries. It is an AI-first business delivering full-stack solutions across digital engineering, intelligent enterprise, and experience & design to over 1,000 clients across 72 countries.

• Company Performance Context: The presentation also includes context on Persistent's own performance, stating it is the only publicly listed Indian IT services company to have delivered 25 consecutive quarters of sequential revenue growth since FY2021. For Q1FY27, it reported USD revenue growth of 3.76% QoQ and 16.07% YoY, outperforming a peer basket growth of 0.52% QoQ and 3.44% YoY.

Additional Notes Section

Attachments: The regulatory filing includes an enclosure, which is the full Investor Presentation dated September 2026.

Financial Data in Announcement: The primary regulatory text itself does not disclose new financial figures. It directs readers to the previously filed presentation. The enclosed presentation contains extensive financial and operational data related to both Persistent's historical performance and the proposed acquisition of Nagarro.

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