Persistent Systems Ltd.

Persistent Systems has informed that on October 14, 2015, the Company announced Sudhir Kulkarni as the Global Head of Sales. Sudhir has been with Persistent for more than 8 years in two stints in Sales Leadership roles, and has also held responsibility for Sales Operations and Marketing. In his role, Sudhir will now be responsible for all the Sales teams and related functions focused on Customer Success, and Marketing. Ranganath Puranik will continue as the President of Persistent Systems, Inc. and will focus on strategic growth initiatives for the Company.

The above information is a part of company’s filings submitted to BSE.