Persistent Systems Limited has announced the appointment of Hari S. Abhyankar as Executive Vice President and Global Head of Private Equity and Professional Services, effective March 19, 2026. The appointment was formally disclosed through a press release dated March 20, 2026, and communicated to both the National Stock Exchange of India Limited and BSE Limited under regulatory compliance requirements.

Strategic Focus on Private Equity Transformation

The appointment strengthens Persistent's focus on AI-led transformation for private equity firms and their portfolio companies. As private equity firms compress value-creation cycles and emphasize AI-driven transformation, the demand for execution partners capable of delivering rapid results is increasing. Persistent is scaling its capabilities in this segment by combining engineering-led expertise, AI capabilities, and platform-driven approaches to support investors from diligence through value realization.

Leadership Experience and Background

Hari brings over 25 years of experience at the intersection of strategy, technology, and business transformation. He previously served as a Partner at McKinsey & Company, where he advised leading technology companies and global enterprises on corporate strategy, large-scale transformation, and revenue acceleration initiatives. Following his McKinsey tenure, he worked with AI-native startups, focusing on scaling technology-led innovation and next-generation operating models.

Professional Credentials

• Consulting Expertise: Over 11 years in C-suite consulting
• Operational Leadership: More than 14 years as an operator with P&L responsibility
• Academic Background: PhD in Operations Management from MIT Sloan School of Management
• Industry Experience: Senior leadership roles at Interpublic Group and Digitas
• Specialization: Analytics, digital strategy, and data-driven marketing organizations

Strategic Vision and Market Positioning

In his new role, Hari will lead Persistent's global strategy and growth across private equity investors, their portfolio companies, and professional services organizations. He will focus on accelerating revenue growth, enabling platform modernization, and driving faster realization of transformation priorities across portfolios while expanding EBITDA through improved operational efficiency and value creation.

According to CEO Sandeep Kalra, private equity represents a strategic growth engine for Persistent. The company's engineering depth, AI-led platforms, and execution discipline position it to deliver results from accelerating growth to improving operating margins and enabling exit readiness. Hari's appointment strengthens the company's ability to deepen engagement with private equity firms and drive sustained performance across their portfolios.

Persistent Systems Limited has updated its investor and analyst interaction schedule, announcing revised sessions for March 23-24, 2026. The company formally notified stock exchanges about these changes through communication reference NSE & BSE / 2025-26 / 247, maintaining compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Updated Investor Meeting Schedule

The company has arranged two investor sessions across two consecutive days, both conducted in virtual format:

Compliance and Information Framework

Persistent Systems has maintained its commitment to regulatory transparency by confirming that no unpublished price-sensitive information will be disclosed during these sessions. The company will continue to reference information previously shared during its earnings call held on Tuesday, January 20, 2026, covering the quarter and nine months ended December 31, 2025.

Documentation and Reference Materials

The investor interactions will utilize the company's Q3FY26 analyst presentation and factsheet, accessible through the designated weblink provided in the official communication. This approach ensures consistent information dissemination across all stakeholder engagements and maintains transparency standards.

The updated notification was digitally signed by Company Secretary Amit Murari Atre on March 18, 2026, and submitted to both the National Stock Exchange of India Limited and BSE Limited as part of the company's ongoing disclosure obligations under reference NSE & BSE / 2025-26 / 247.