Persistent Systems has officially launched its Melbourne Innovation Center in Australia, marking a strategic milestone in the company's expansion across the Australia and New Zealand (ANZ) region. The facility serves as a dedicated hub for AI-driven enterprise modernization and reinforces the company's commitment to localized innovation and talent development.

Strategic ANZ Market Expansion

The Melbourne Innovation Center represents a decisive step in Persistent Systems' ANZ growth strategy, positioning the company to capitalize on Australia's rapidly accelerating AI and cloud modernization market. The facility strengthens the company's localized engineering capabilities while supporting enterprises transitioning from digital experimentation to enterprise-scale AI deployment.

AI-First Innovation Strategy

The center advances Persistent Systems' comprehensive AI-first strategy, built on four core pillars that drive enterprise transformation. The facility focuses on engineering hyper-productivity, business hyper-productivity, enterprise data readiness, and responsible AI infrastructure to help clients modernize their operations.

Enterprise Modernization Services

The Melbourne center will deliver comprehensive modernization services, helping clients unlock new revenue streams through industry-specific AI solutions and outcome-based models. The facility will host innovation workshops, ideation sessions, and co-creation programs designed to accelerate strategic priorities and build modern digital capabilities.

According to Jaideep Vijay Dhok, Chief Operating Officer – Technology at Persistent Systems, "Our growth strategy is centered on helping enterprises accelerate transformation through AI-led engineering, platform-driven modernization and strong data and engineering foundations. The Melbourne Innovation Center strengthens our presence in ANZ and reflects our continued investment in the region as a strategic growth market."

Talent Development and Ecosystem Building

Persistent Systems plans to expand high-value engineering and AI capabilities in Australia through targeted hiring initiatives and strategic partnerships. The company will leverage its ecosystem partnerships, industry-focused hackathons, and advanced skilling programs delivered through Persistent University to strengthen Australia's digital engineering talent pipeline.

The Melbourne Innovation Center positions Persistent Systems to work more closely with local enterprises, delivering tailored solutions that address specific ANZ market needs while contributing meaningfully to Australia's growing technology ecosystem.

Persistent Systems Limited conducted investor and analyst sessions on March 4, 2026, as part of its regular investor engagement activities. The company informed stock exchanges about these interactions in compliance with SEBI regulations, providing details of the meetings held with institutional investors.

Investor Meeting Details

The company held two separate one-on-one sessions with prominent institutional investors on March 4, 2026. The meetings were structured to accommodate different preferences, with one conducted in physical format and another held virtually.

Information Shared

During these investor sessions, 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. Importantly, the company confirmed that no additional material information beyond what was already disclosed in the Q3FY26 earnings presentation was shared with the investors.

Regulatory Compliance

The company filed this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events and investor interactions. The disclosure was made to both NSE and BSE, referencing the company's earlier intimation dated February 25, 2026, which had announced the scheduled investor meetings.

Documentation and Records

Persistent Systems provided a weblink to its analyst presentation and factsheet for Q3FY26, ensuring transparency and equal access to information for all stakeholders. The disclosure was digitally signed by Company Secretary Amit Atre on March 4, 2026, maintaining proper corporate governance standards and creating an official record of the investor engagement activities.