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

Persistent Systems Limited has announced a board meeting to approve the appointment of M/s. B S R & Co. LLP as Statutory Auditors for a term of five consecutive years, effective from FY 2025-26 following the conclusion of the upcoming 35th AGM. This change comes as the term of the current auditors, M/s. Walker Chandiok & Co LLP, completes at the AGM.

The implication of this transition suggests a potential strengthening of audit oversight, given B S R & Co.'s extensive experience and professional network. From an investor perspective, this appointment may foster a positive outlook as the new auditors could enhance financial transparency and governance, crucial for maintaining investor confidence.