Persistent Systems Limited has announced the resignation of Cdr. Jayant Shivaji Konde from his position as Senior Vice President – Administration. The resignation is effective from the closure of business hours on September 18, 2026, and is due to personal reasons. The company has stated there are no material reasons behind the resignation. The requisite disclosure has been filed with the stock exchanges.
Key Management Change at Persistent Systems
Persistent Systems Limited has formally notified the stock exchanges regarding a significant change in its senior management. Cdr. Jayant Shivaji Konde, holding the position of Senior Vice President – Administration and serving as Senior Management Personnel (SMP), has tendered his resignation from the company. This resignation will be effective from the closing of business hours on September 18, 2026 (IST).
Reasons for Resignation
According to the official statement and Cdr. Konde’s resignation letter, the decision to step down is attributed to personal reasons. The company has explicitly stated that there are no other material factors contributing to his resignation from this leadership role.
Disclosure and Enclosures
In compliance with regulatory requirements, Persistent Systems has attached the necessary disclosure as Annexure A. Furthermore, the resignation letter submitted by Cdr. Jayant Shivaji Konde has been enclosed with the filing, providing a transparent overview of the transition.
Source: BSE
