Persistent Systems Limited has informed the Exchange regarding 'Intimation of proposed Secondary Market Purchase of Persistent Shares by ESOP Trust of the Company in a scheduled manner'.
PERSISTENT · price
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Persistent Systems' ESOP Trust plans to acquire up to 125,000 additional equity shares by end of Q1FY27 (before June 30, 2026) through secondary market purchases. This follows the trust having already purchased 212,232 shares during March 16-24, 2026, totaling 437,232 shares in March 2026. The shares will be purchased in multiple tranches starting May 15, 2026, to meet upcoming vesting commitments for eligible employees under the PESOS 2014 and ESOP 2017 schemes. The purchases will comply with SEBI insider trading regulations and will not occur when the trading window is closed.
This is a routine ESOP administration activity that may result in minor buying pressure on the stock. The company is simply managing its employee stock option programme without any direct implications for ordinary shareholders.