Persistent Systems Limited has informed the Exchange about General Updates
PERSISTENT · price
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Persistent Systems has informed exchanges that Mr. Yogesh Patgaonkar will retire from his position as Chief People Officer and Senior Managerial Personnel (SMP) effective July 31, 2025, citing personal reasons. The Board has designated Mr. Rajiv Naithani, who has been with the company as Senior Vice President – HR & OD since February 2025, as the new Chief People Officer effective August 1, 2025. Mr. Naithani brings over two decades of HR experience in IT companies and holds qualifications from Symbiosis, XLRI, and ISABS. This is a planned internal succession with no disruption to operations.
This is a routine senior leadership transition with an internal replacement already in place, so it is unlikely to materially affect the company's business or stock price. Shareholders should note continuity in HR leadership.