Persistent Systems Limited conducted a virtual investor session with Millennium Dubai on March 5, 2026, while cancelling another scheduled meeting, according to a regulatory filing submitted to stock exchanges under SEBI Regulation 30.

Investor Session Details

The company held a one-on-one virtual session with Millennium Dubai at 12:30 PM IST on March 5, 2026. During this interaction, Persistent Systems reiterated information previously shared during its earnings call for the quarter and nine months ended December 31, 2025.

Meeting Cancellation

A separate investor session with Lombard Odier Investment Managers, originally scheduled for 2:30 PM IST on the same day, was cancelled. The company did not provide specific reasons for the cancellation in its regulatory disclosure.

Earnings Call Reference

The information shared with Millennium Dubai was consistent with details from the company's earnings call held on January 20, 2026. This call covered financial results for the quarter and nine months ended December 31, 2025. The company confirmed that no additional information beyond what was previously disclosed was shared during the Millennium session.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Amit Atre signed the regulatory filing, which referenced an earlier intimation dated February 26, 2026. The company provided a web-link to its investor presentation and factsheet for Q3 FY26 as part of the disclosure.

Persistent Systems Limited has received reaffirmation of its strong credit rating from ICRA Limited, reinforcing the company's robust financial position. The rating agency has maintained the '[ICRA] AA+(Stable)' issuer rating that was originally assigned in January 2025.

Rating Reaffirmation Details

ICRA Limited communicated the rating reaffirmation on March 5, 2026, through an official letter to the company's Chief Financial Officer, Vinit Teredesai. The rating action specifically covers the issuer rating with no rated amount specified, as outlined in the following details:

Regulatory Compliance and Communication

Persistent Systems has promptly informed both the National Stock Exchange of India Limited and BSE Limited about this development through Company Secretary Amit Atre. The communication was made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, ensuring full regulatory compliance.

The company referenced its earlier communication dated January 21, 2025, when the initial rating assignment was announced to the exchanges.

Rating Surveillance and Future Reviews

ICRA Limited has indicated that the reaffirmed rating will become due for surveillance within one year from March 5, 2026. However, the rating agency has reserved the right to review and revise the rating at any time based on several factors:

• New information becoming available
• Required information not being accessible
• Other circumstances that could impact the rating
• Changes in instrument terms or conditions

The rating agency has advised lenders and investors to visit www.icra.in for the latest ratings of the company, emphasizing the dynamic nature of credit assessments.

Important Rating Considerations

ICRA has clarified that the rating should be understood solely as an opinion and should not be treated as a recommendation to buy, sell, or hold any instruments issued by Persistent Systems. The rating is specific to the current terms and conditions as indicated by the company.

The company is required to inform ICRA immediately about any defaults, delays in repayment, or significant developments that could impact debt servicing capability. This includes any proposals for rescheduling repayment programs or restrictions on fund-raising activities imposed by regulatory authorities.