Persistent Systems Ltd.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Regulations), Persistent Systems has informed that the Company has entered into an agreement dated September 27, 2018 with Above Solutions India for acquisition of selected contracts and employees from Above Solutions and its affiliates.

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