Persistent Systems Limited, a prominent player in the technology sector, has announced a significant change in its senior leadership. Vikram Tulsyan, who held the position of Senior Vice President-Business Finance and was designated as a Senior Management Personnel (SMP), has tendered his resignation.

Resignation Details

Key Points

• The company disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• In his resignation letter dated November 21, 2025, Tulsyan confirmed that there were no material reasons for his departure beyond the personal reasons stated.
• The resignation affects the senior finance leadership structure of Persistent Systems Limited.

Impact and Next Steps

The departure of a senior executive can often lead to changes in a company's internal dynamics. However, Persistent Systems has not provided any additional context regarding the resignation or announced any immediate plans for Tulsyan's replacement.

Stakeholders will likely be watching closely to see how Persistent Systems manages this transition in its finance leadership. The company's ability to maintain continuity in its financial operations and strategy will be crucial in the coming months.

Persistent Systems Limited, known for its software products and technology services, will need to ensure a smooth transition to maintain operational efficiency in its finance department.

As of now, the company has not made any statements regarding the search for a successor or any interim arrangements for the role of Senior Vice President-Business Finance.

Persistent Systems , a global leader in Digital Engineering and Enterprise Modernization, has launched its state-of-the-art Experience Transformation (XT) Studio in Pune, India. This innovative space is designed to revolutionize how businesses create and deliver AI-powered user experiences, streamline workflows, and drive better outcomes across the entire product lifecycle.

Bridging AI Capabilities with User Needs

The XT Studio addresses a critical gap in the industry: the challenge of integrating advanced AI capabilities with real user needs. Many enterprises struggle to deliver differentiated digital experiences, often introducing user experience late in the development cycle. This leads to delays, rework, and fragmented solutions with disappointing returns on investment.

Key Features of the XT Studio

The XT Studio is not just a physical space; it's a comprehensive ecosystem for innovation and co-creation. Here are some of its standout features:

AI-First Strategy and Global Expansion

The launch of the XT Studio aligns with Persistent's strong platform-led foundation and AI-first strategy. It serves as a tangible representation of how the company helps clients accelerate time-to-value by aligning business objectives with user expectations.

Sandeep Kalra, Chief Executive Officer and Executive Director of Persistent, emphasized the importance of this initiative: "Enterprises today compete on experiences as much as on products and AI is the enabler that makes this possible at scale. The XT Studio brings to life our strong platform-led foundation and AI-first strategy, where design-led thinking, advanced technologies and deep domain expertise converge."

Persistent plans to expand XT Studio locations to other key regions in India, the U.S., Europe, and APAC. This expansion aims to attract top talent, partners, and clients to co-create the future of how people experience technology.

Impact on Digital Transformation

The XT Studio sets a new benchmark for digital transformation by:

1. Embedding a human-centered approach as a foundational element of every initiative
2. Ensuring AI is adopted not just functionally, but intuitively
3. Integrating business strategy, UX consulting, and product engineering within an immersive environment

As businesses continue to navigate the ever-evolving digital landscape, Persistent's XT Studio stands as a beacon of innovation, turning creative ideas into real-world impact and helping enterprises thrive in the age of AI-powered experiences.