Persistent Systems accepts resignation of senior admin executive
- Cdr. Jayant Shivaji Konde resigns as Senior Vice President – Administration
- Departure effective September 18, 2026, citing personal reasons
- No material issues or disputes reported in the regulatory filing
- Disclosure made under Regulation 30 of SEBI LODR Regulations
*this image is generated using AI for illustrative purposes only.
Persistent Systems has accepted the resignation of Cdr. Jayant Shivaji Konde from his role as Senior Vice President – Administration. The departure is effective from the closure of business hours on September 18, 2026.
The company disclosed the change under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing references the SEBI Master Circular dated January 30, 2026.
Konde, who also held the designation of Senior Management Personnel (SMP), cited personal reasons for stepping down. The firm confirmed there was no material reason behind the resignation.
Resignation Details
The resignation was submitted to Mr. Vinit Teredesai, Executive Director and Chief Financial Officer. The disclosure was signed by Amit Murari Atre, Company Secretary.
| Particulars | Details |
|---|---|
| Position | Senior Vice President – Administration |
| Effective Date | September 18, 2026 |
| Reason | Personal reasons |
| Material Issues | None disclosed |
The exit marks a leadership change in the administration function but does not impact the company’s financial reporting or operational strategy as per the current filing.
Historical Stock Returns for Persistent Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.04% | -1.70% | -2.76% | +19.57% | -2.16% | +206.16% |
Who has been appointed as the interim or permanent successor to lead the Administration function at Persistent Systems?
Will Persistent Systems initiate a search for a new Senior Vice President immediately, or will the responsibilities be redistributed among existing senior management?
How might this leadership transition in the administration sector impact the company's ongoing operational efficiency and internal governance processes?
17
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
