Persistent Systems Limited — Others, 24-04-2025: Appointment

Persistent Systems Limited has appointed Mr. Vinit Teredesai as an Additional Director (Executive Member) of the Company, effective immediately. His term runs until September 30, 2028, pending approval by shareholders at the upcoming 35th Annual General Meeting. Mr. Teredesai, a Chartered Accountant with 29 years of experience in corporate restructuring, mergers and acquisitions, and driving profitable growth, is expected to contribute significantly to the company's strategic initiatives. This leadership change could positively influence investor sentiment, highlighting the company's commitment to strong governance and operational excellence.