The outcome of the Special Committee Meeting held on October 26, 2026, is as enclosed

NSE & BSE / 2026-27 / 170 October 26, 2026 The Manager The Manager Corporate Services Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, P J Towers, Dalal Street, Bandra (E), Mumbai 400 051 Mumbai 400 001 Ref: Symbol: PERSISTENT Ref: Scrip Code: 533179 Dear Sir/Madam, Sub: Outcome of the Special Committee Meeting held on October 26, 2026 Ref.: Our earlier letter bearing Ref. No. NSE & BSE / 2026-27 / 166 and 166A dated October 21, 2026 In continuation of the above referred intimation read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Special Committee of the Board of Directors at its meeting held on Monday, October 26, 2026, commenced at 1900 Hrs. (IST) and concluded at 1908 Hrs. (IST), has inter-alia considered and approved the following matters: a. Approved the closure of the Issue today i.e., October 26, 2026, pursuant to the receipt of application forms and the funds in the escrow account from the eligible qualified institutional buyers in accordance with the terms of the Issue; and a. Determined and approved the allocation of 7,683,981 Equity Shares at an Issue price of 5,550.00 per Equity Share at a discount of INR 211.00 per Equity Share (i.e. 3.66% to the floor price of INR 5,761.00 per Equity Share), in accordance with the SEBI ICDR Regulations, (including a premium of INR 5,545.00 per Equity Share) upon the closure of the Issue, determined according to the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations, for the Equity Shares to be allotted to the eligible qualified institutional buyers in the Issue; and b. Approving and adopting the Placement Document (“PD”) dated October 26, 2026; c. Approved and finalised the confirmation of allocation note to be sent to eligible qualified institutional buyers, intimating them of the allocation of Equity Shares pursuant to the Issue; and d. Approving issuance of refund intimation letter to the bidders who are entitled to receive the refund amount, if any. In this relation, the Company will file the Placement Document dated October 26, 2026, with the Stock Exchanges in due course and will also be made available on the website of our Company at Qualified Institutional Placement (QIP) Documents | Persistent Systems Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India CIN - L72300PN1990PLC056696 Tel: +91 (20) 670 35555 | Fax - +91 (20) 6703 6003 | E-mail - info@persistent.com | Website - www.persistent.com Page 1 of 2 This is for your information and record. Please acknowledge the receipt. Thanking you, Yours Sincerely, For Persistent Systems Limited Amit Atre Company Secretary ICSI Membership No.: A20507 Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India CIN - L72300PN1990PLC056696 Tel: +91 (20) 670 35555 | Fax - +91 (20) 6703 6003 | E-mail - info@persistent.com | Website - www.persistent.com Page 2 of 2