Persistent Systems Limited has informed the Exchange regarding Change in Auditors of the company.
PERSISTENT · price
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Ms. Anuja Ramdasi has stepped down as Head of Internal Audit due to an internal reorganization and will continue with the company as Ombudsperson of Ethical matters. The Board has appointed Ernst & Young LLP as the new Internal Auditor for a 3-year term covering FY 2025-26 to FY 2027-28, based on the Audit Committee's recommendation. Both changes are effective from the close of business on June 6, 2025. Importantly, this is a change in the internal auditor role, not the statutory/external auditor. Ms. Ramdasi explicitly confirmed there is no material reason behind her departure other than the role restructuring.
This is a routine internal governance reshuffle with no negative signals. Appointing a top global firm like EY as internal auditor could strengthen audit quality, and shareholders should view this as a neutral to mildly positive development.