Persistent Systems Conducts Investor Sessions with Marshall Wace and Mirabilis Investment Trust

1 min read     Updated on 16 Mar 2026, 04:34 PM
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Reviewed by
Radhika SScanX News Team
Overview

Persistent Systems Limited held virtual investor sessions on March 16, 2026, with Marshall Wace Asset Management and Mirabilis Investment Trust. The one-on-one meetings reiterated information from the company's January 20, 2026 earnings call covering Q3FY26 results, with no additional disclosures made during the sessions.

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*this image is generated using AI for illustrative purposes only.

Persistent Systems Limited conducted virtual investor sessions on March 16, 2026, with two institutional investors as part of its ongoing stakeholder engagement activities. The company notified the stock exchanges about these meetings under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Investor Meeting Details

The company held two separate one-on-one virtual sessions with institutional investors on the same day:

Parameter Marshall Wace Session Mirabilis Session
Investor Name Marshall Wace Asset Management Mirabilis Investment Trust
Date Monday, March 16, 2026 Monday, March 16, 2026
Time 11:30 am (IST) 12:30 pm (IST)
Format One-on-One One-on-One
Mode Virtual Virtual

Information Shared

During these investor interactions, Persistent Systems reiterated the information previously shared during its earnings call held on Tuesday, January 20, 2026. The earnings call covered the company's performance for the quarter and nine months ended December 31, 2025. The company specifically clarified that no additional information beyond what was already disclosed in the earnings call was shared with the investors during these sessions.

Regulatory Compliance

The notification was filed under reference number NSE & BSE / 2025-26 / 243, following an earlier intimation dated March 5, 2026. Company Secretary Amit Atre signed the disclosure document, ensuring compliance with regulatory requirements for investor interaction reporting. The company provided a web-link to its analyst presentation and factsheet for Q3FY26 as reference material for the information discussed during the sessions.

These investor meetings represent part of Persistent Systems' regular engagement with institutional stakeholders to maintain transparency and provide updates on business performance and strategic developments.

Historical Stock Returns for Persistent Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-0.10%+8.37%+5.29%-5.45%-9.46%+418.25%

Persistent Systems ESOP Trust Completes 100,000 Share Purchase, Plans Additional 250,000 Shares

1 min read     Updated on 13 Mar 2026, 06:59 PM
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Reviewed by
Naman SScanX News Team
Overview

Persistent Systems has updated its ESOP Trust share acquisition program, completing the purchase of 100,000 equity shares on March 13, 2026, and announcing an expanded plan to acquire up to 250,000 additional shares by March 31, 2026. The purchases support employee vesting commitments under the company's PESOS 2014 and ESOP 2017 schemes, with all transactions conducted through secondary market acquisition in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Persistent Systems Limited has updated stock exchanges regarding its ESOP Trust's share acquisition activities, announcing the completion of a previous purchase plan and outlining an expanded acquisition strategy to meet growing employee vesting commitments.

Completed Share Purchase Program

The PSPL ESOP Management Trust successfully completed its recent share acquisition program on March 13, 2026. This completion follows the company's earlier announcement regarding secondary market purchases to fulfill employee stock option commitments.

Parameter: Completed Purchase Details
Shares Purchased: 100,000 equity shares
Completion Date: March 13, 2026
Purchase Method: Secondary market acquisition
Purpose: Employee vesting commitments

Expanded Acquisition Plan

To address upcoming vesting obligations, the company has announced a significantly larger share purchase program. The new acquisition plan demonstrates the company's commitment to meeting employee benefit obligations under its stock option schemes.

Parameter: New Purchase Plan
Maximum Shares: 250,000 equity shares
Timeline: By March 31, 2026 (end of Q4FY26)
Purchase Method: Multiple tranches through secondary market
Start Date: Week starting March 16, 2026
Applicable Schemes: PESOS 2014 and ESOP 2017

Regulatory Compliance Framework

The expanded share acquisition program will operate under comprehensive regulatory guidelines to ensure full compliance with securities regulations:

  • Purchases will be suspended during trading window closure periods
  • All transactions will comply with SEBI (Prohibition of Insider Trading) Regulations, 2015
  • The company's internal Code of Conduct provisions will be followed
  • Adherence to SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021

ESOP Scheme Operations

The share purchases support two key employee benefit programs that have received shareholder approval for pool expansion. The ESOP Trust manages and administers both the Persistent Employees Stock Option Scheme 2014 (PESOS 2014) and Employee Stock Option Plan 2017 (ESOP 2017). The Trust follows an established procedure for share distribution, transferring acquired shares to eligible employees through off-market transfers to their respective demat accounts upon stock option exercise, ensuring smooth execution of vesting commitments for employees of both the company and its subsidiaries.

Historical Stock Returns for Persistent Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-0.10%+8.37%+5.29%-5.45%-9.46%+418.25%

More News on Persistent Systems

1 Year Returns:-9.46%