Persistent Systems Limited has announced its ESOP Trust's plan to purchase up to 125,000 equity shares of the company through secondary market acquisitions by March 31, 2026. This initiative aims to meet upcoming vesting commitments for eligible employees under the Persistent Employees Stock Option Scheme 2014 (PESOS 2014) and Employee Stock Option Plan 2017 (ESOP 2017). The purchases will be executed in multiple tranches by the ESOP Trust, adhering to SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and SEBI (Prohibition of Insider Trading) Regulations, 2015. The plan will commence from the week of March 2, 2026, and will exclude periods when the trading window is closed. Previously, the ESOP Trust had acquired 74,255 equity shares through the secondary market before March 31, 2025, to cater to earlier vesting requirements.
