Persistent Systems , a leading technology services company, has announced its upcoming Board of Directors meeting to review and approve the financial results for the second quarter and first half of the fiscal year 2026. The company has also disclosed the closure of its trading window in compliance with regulatory requirements.

Board Meeting Schedule

The Board of Directors of Persistent Systems is scheduled to convene on October 13-14, 2025, at the company's registered office. The two-day meeting will focus on the following key agenda items:

1. Review and approval of the audited standalone financial results for Q2 and H1 FY2026 (ending September 30, 2025)
2. Review and approval of the audited consolidated financial results, including subsidiaries, for the same period

The company has specified that the Board will consider these financial matters on October 14, 2025 (IST).

Investor Communication

Following the board meeting, Persistent Systems plans to hold an investor and analyst call to discuss the financial results. The details of this call will be communicated separately to the stock exchanges and subsequently published on the company's website.

Trading Window Closure

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Internal Code of Conduct for Prevention of Insider Trading, Persistent Systems has announced the closure of its trading window. The trading window will remain closed from September 24, 2025, to October 16, 2025 (both days inclusive). It is scheduled to reopen on October 17, 2025, unless otherwise communicated.

The company has already notified all relevant stakeholders about the trading window closure, including promoters, the promoter group, board members, key managerial personnel, designated persons, and their immediate relatives, as well as connected persons of the company.

Regulatory Compliance

This announcement aligns with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed the stock exchanges about these developments.

Persistent Systems continues to maintain transparency in its operations and financial reporting, ensuring timely disclosure of material information to its stakeholders and the market at large.

Persistent Systems has announced that the recent U.S. Executive Order on H-1B visa applications is not anticipated to have a significant impact on the company's operations or financial performance. This statement comes in response to the Executive Order titled 'Restriction on Entry of Certain Non-Immigrant Workers' and a subsequent memorandum issued by U.S. immigration authorities.

Company's Assessment

In a filing to the National Stock Exchange of India (NSE) and BSE Limited, Persistent Systems stated, "Based on our current assessment, we hereby wish to inform that we do not expect any significant impact of the above Executive Order on our operations or financials." The company has thoroughly reviewed the Executive Order and the Memorandum issued by the U.S. Department of Homeland Security and the U.S. Citizenship and Immigration Services.

Ongoing Monitoring

Persistent Systems has assured stakeholders that it will continue to closely monitor developments related to the H-1B visa situation. The company has committed to providing updates as appropriate, demonstrating its proactive approach to addressing potential regulatory challenges.

About Persistent Systems

Persistent Systems Limited, headquartered in Pune, Maharashtra, is a global technology services company. The firm specializes in software product and technology services, catering to various industries worldwide. With its shares listed on both the National Stock Exchange of India (NSE) and BSE Limited, Persistent Systems continues to navigate the evolving landscape of international business and immigration policies.

The company's prompt response to the U.S. Executive Order underscores its commitment to transparency and effective communication with investors and stakeholders. As the situation develops, the tech industry will be watching closely for any potential impacts on global talent acquisition and deployment strategies.