Persistent Systems Limited has announced that its ESOP Trust will acquire up to 40,000 equity shares by the end of Q1FY27, specifically before June 30, 2026. This decision aims to meet the upcoming vesting commitments of eligible employees under the Persistent Employees Stock Option Scheme 2014 (PESOS 2014) and the Employee Stock Option Plan 2017 (ESOP 2017). The shares will be sourced through secondary market acquisitions to fulfill obligations to employees exercising their stock options.

The ESOP Trust manages and administers these schemes based on shareholder approval. As part of the procedure, shares acquired by the trust are transferred to eligible employees via off-market transfers to their demat accounts upon the exercise of options. The upcoming purchase plan will be executed in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct.

This latest initiative follows a recent transaction where the ESOP Trust purchased 107,874 shares through the secondary market between May 15, 2026, and June 11, 2026. The new acquisition of up to 40,000 shares will be carried out in multiple tranches, excluding periods when the trading window is closed. The execution of this purchase plan is scheduled to begin in the week starting Monday, June 15, 2026.

Purchase Details

The acquisition is strictly governed by the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The trust ensures that all purchases are made in a scheduled manner, avoiding any transactions during closed trading windows to maintain regulatory compliance.

Persistent Systems has been ranked 13th overall in the Perpetual Capital Hurun India Impact 50 – 2026, a recognition that highlights its performance in sustainability and responsible business practices. The evaluation, based on publicly disclosed ESG data such as annual reports and sustainability reports, assessed both ambition and measurable outcomes. The company achieved leading positions across multiple sustainability dimensions, reflecting its focus on resilient growth and operational excellence in the AI era.

The company secured the top rank among companies targeting to achieve carbon neutrality by 2030, having achieved this target in 2024. It also ranked second across SDG 3 (Good Health and Well-Being), SDG 13 (Climate Action), and for achieving the highest waste-recycling ratio. Additionally, Persistent Systems was ranked third among Sustainable Software & Services Companies and fourth among top companies advancing SDG 5 (Gender Equality).

Sustainability Rankings

Chitra Byregowda, Senior Vice President and Global Head of Sustainability and ESG at Persistent Systems, stated that sustainability is central to operational efficiency and long-term value creation. She noted that the recognition reflects the consistent embedding of these principles across global operations. Anas Junaid, Founder and Chief Researcher at Hurun India, congratulated the company, adding that the inclusion reflects a deliberate organizational direction where sustainability goals are a structural consideration.

The company's sustainability strategy is integrated into how it modernizes infrastructure and operates global delivery environments. As enterprises evaluate technology partners based on resilience and governance, ESG maturity is emerging as a key indicator of long-term value creation. The recognition strengthens Persistent Systems' position as an execution-led technology enterprise focused on building sustainable value for clients, employees, and shareholders.