Persistent Systems Limited, a leading technology services company, recently conducted a one-on-one virtual interaction with Millennium Management on Monday, June 23, 2025, at 11:00 AM IST. This session was part of the company’s ongoing efforts to engage with investors and analysts and share relevant insights into its business operations, strategy, and performance.

As disclosed to the National Stock Exchange (NSE) and BSE Limited, the interaction was in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including all subsequent amendments made to it. The Company communicated this development through its official disclosure bearing reference number NSE & BSE / 2025-26 / 076, dated June 24, 2025.

This virtual meeting followed an earlier intimation from Persistent Systems under reference number NSE & BSE / 2025-26 / 070, which was issued on June 18, 2025, indicating its scheduled interaction with analysts.

During the meeting with Millennium Management, the management of Persistent Systems reiterated the financial and operational highlights previously shared during the FY25 Q4 earnings call held on April 24, 2025. The discussion was based solely on the publicly available information as presented in the Q4 FY25 Investor Presentation. There was no sharing of unpublished price-sensitive information (UPSI), nor was any new or undisclosed insight provided during the interaction.

This disclosure once again underlines Persistent Systems’ commitment to transparency, corporate governance, and timely communication with its stakeholders. The company ensures that all information shared with investors and analysts is already in the public domain and aligned with SEBI’s prescribed regulatory framework.

Persistent Systems, a company incorporated under CIN - L72300PN1990PLC056696, with its headquarters at Bhageerath, Pune, continues to maintain its stature as a trusted and responsible entity in the Indian IT sector. The Company Secretary, Mr. Amit Atre, who holds ICSI Membership No. ACS 20507, authenticated the regulatory communication to the exchanges.

Let us delve deeper into what this interaction implies for the company, its shareholders, and the overall outlook:

Background and Regulatory Compliance

The SEBI Listing Regulations mandate companies listed on Indian stock exchanges to promptly disclose any material developments or interactions with analysts or institutional investors. The goal is to maintain equal and fair access to information across all categories of stakeholders, from retail investors to large financial institutions.

Persistent Systems has consistently adhered to this directive, ensuring that no selective disclosure of information occurs. In this case, the interaction with Millennium Management was conducted in virtual mode, further reflecting the company's adoption of digital-first practices in its operations and investor relations activities.

The timely regulatory disclosure sent to NSE and BSE not only fulfills the legal requirement but also serves to reassure investors of the company’s intent to operate with full transparency.

Focus on Previously Disclosed Q4 FY25 Results

The management of Persistent Systems used this platform to reaffirm key insights and performance data from its earlier Q4 FY25 earnings call. This included:

• Financial metrics such as revenue, net profit, and EBITDA margins

• Updates on client wins, contract renewals, and deal pipelines

• Commentary on industry outlook, macroeconomic trends, and demand environment

• Strategic focus areas for FY26, including digital transformation, AI integration, and platform-led growth

Importantly, since this was a reiteration of previously disclosed data, it reflects the company’s disciplined approach in managing corporate communications. This minimizes the risk of information asymmetry, which can lead to unfair trading practices or investor misinformation.

No Additional or Unpublished Information Disclosed

It is crucial to highlight that Persistent Systems made it clear in its filing that no new, material, or unpublished information was shared during the session. This statement is vital from a regulatory perspective, as it safeguards the company from any allegations of selective information sharing or insider trading violations.

Such practices are particularly relevant in the context of India’s market watchdog SEBI’s heightened vigilance over the flow of information and the protection of minority shareholders' rights.

Analyst and Investor Engagement – A Strategic Pillar

For a company like Persistent Systems, which is listed and has a growing international footprint, maintaining regular touchpoints with the investment community is essential. These interactions serve multiple purposes:

1. Clarifying Business Strategy: Persistent gets to explain the rationale behind key decisions—be it acquisitions, expansions, or strategic shifts.

2. Building Investor Confidence: Transparent communication boosts shareholder trust and can lead to improved valuations.

3. Receiving Feedback: Investors often provide critical inputs and perspectives, which may shape future corporate strategies.

By conducting such sessions, Persistent Systems reinforces its investor-centric approach and underlines its intention to maintain high standards of governance and accountability.

Key Takeaways from the June 23 Interaction

1. Reiteration, not Revelation: The interaction was entirely based on publicly disclosed Q4 FY25 data, showcasing regulatory adherence.

2. Virtual Mode Efficiency: The digital interaction format reflects the company's agile and tech-first communication strategy.

3. Confidence in Performance: The willingness to revisit and reinforce Q4 FY25 performance reflects a sense of confidence in the company’s growth and strategic trajectory.

Conclusion

Persistent Systems Limited continues to exemplify best practices in corporate communication and investor relations. Its June 23, 2025 interaction with Millennium Management, while not offering new insights, was a reaffirmation of its solid Q4 FY25 performance and transparent governance standards.

In today’s dynamic business environment, such consistency and clarity play a crucial role in enhancing shareholder value. This update also underscores Persistent’s commitment to open and fair market communication, regulatory compliance, and strategic engagement with key stakeholders.

As Persistent moves forward into the next quarters of FY26, its focus on maintaining strong investor relationships, transparent disclosures, and reliable performance metrics will continue to shape its narrative in the Indian technology and stock market landscape.

With its core values of Innovation, Integrity, and Excellence, Persistent Systems stands poised to not only meet but exceed investor expectations in the coming financial periods.

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