Persistent Systems Limited has completed its investor and analyst session that was held on March 20, 2026, providing the outcome details to stock exchanges following the virtual meeting with institutional investors.

Session Completion and Participation

The company successfully conducted the investor/analyst session on Friday, March 20, 2026, at 3:15 PM IST in virtual mode. While the session was originally planned to include both Bajaj AMC and LIC MF, the actual session was held with Bajaj AMC as per the scheduled time and format.

Information Shared During Session

During the session, Persistent Systems reiterated information that was 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 confirmed that no additional information beyond what was already disclosed was shared with the participants.

Regulatory Compliance and Documentation

The outcome notification was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's adherence to regulatory requirements. The communication was addressed to both the National Stock Exchange of India Limited and BSE Limited, ensuring comprehensive market notification.

The company made available its investor presentation and factsheet for Q3FY26 through a weblink, providing participants and other stakeholders access to relevant financial information. The document was digitally signed by Amit Atre, Company Secretary, confirming the authenticity of the communication and maintaining transparency in investor relations.

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.