Persistent Systems Limited — Others, 31-12-2024: Retirement

Mr. Sunil Sapre has retired as Executive Director of Persistent Systems Limited effective from the closure of business hours on December 31, 2024, following his superannuation. The Board recognized his valuable contributions during his tenure. This leadership change may prompt a reassessment of operational strategy and governance as the company adapts to new management dynamics. While there could be concerns about continuity, this transition may also present opportunities for fresh perspectives, potentially fostering a positive outlook among investors as the company evolves.