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.

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.

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.

Persistent Systems Limited has secured a prestigious position in TIME and Statista's Best Companies in Asia-Pacific 2026 list, demonstrating its excellence across multiple business dimensions. The global leader in Digital Engineering and Enterprise Modernization has been recognized for its sustained growth and disciplined execution of its AI-led strategy.

Recognition and Rankings

The company achieved notable rankings across different categories and geographical segments:

Published by TIME in collaboration with Statista, the Best Companies in Asia-Pacific list evaluates organizations across three core dimensions: Employee Satisfaction, Financial Performance, and Sustainability Transparency (ESG). The rankings are based on structured analysis of employee survey data, financial disclosures, and standardized ESG metrics.

Evaluation Methodology and Performance

The recognition reflects Persistent Systems' performance across multiple evaluation criteria. Sustainability Transparency emerged as the company's highest-scoring evaluation dimension, highlighting its commitment to environmental responsibility and governance standards. The company has achieved measurable reductions in carbon emissions and continues to strengthen its ESG disclosures and governance standards.

Persistent Systems maintains robust data privacy practices, has set ambitious diversity objectives, and holds ISO 42001 certification for AI management systems. This certification reinforces the company's commitment to responsible and ethical AI adoption, aligning with its AI-first strategy.

Leadership Perspectives

Sandeep Kalra, Chief Executive Officer and Executive Director of Persistent Systems, emphasized the significance of this independent validation. He highlighted the company's focus on customer value creation, innovation-led execution, and talent development as key factors delivering measurable outcomes and building resilient partnerships.

Niels Terfehr, Vice President, Research & Analysis at Statista, noted that Persistent Systems achieved strong scores in employee satisfaction and revenue growth. He specifically highlighted the company's exceptional performance in environmental transparency and sustainability, noting that driven by significant reductions in carbon emissions intensity, the company ranked in the top 15% of all Asia-Pacific companies evaluated in this category.

Strategic Positioning and Future Outlook

This ranking strengthens confidence among clients, partners, and investors, affirming Persistent Systems' credibility as a trusted long-term technology partner. The recognition validates the company's sustained growth trajectory and disciplined execution of its digital transformation strategy.

The company fosters a culture of continuous learning, enabling employees to evolve their skillset at pace with rapid technological advancements. High employee retention and strong client satisfaction reflect a workplace built on collaboration, innovation, and measurable impact. As Persistent Systems continues to expand globally, it remains focused on disciplined growth, responsible innovation, and sustained value creation across the markets it serves.