We wish to inform you that the Company has made a press release dated November 18, 2020, titled 'Persistent Achieves AWS Financial Services Competency Status'. The copy of the Press Release is enclosed for your records.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the 'Regulations') and further to our above referred intimations, we wish to inform you that the necessary customary closing conditions with respect to acquisition of Capiot Software Inc., USA have been met by Persistent Systems Inc., USA, a wholly owned subsidiary of Persistent Systems Limited on November 7, 2020 (IST). Consequently, Capiot Software Inc., USA has become a Wholly Owned Subsidiary Company of Persistent Systems Inc., USA with effect from November 7, 2020 (IST). Consequent to the above, Capiot Software Pte Ltd, Singapore and Capiot Software Pty Ltd, Australia which are the subsidiary companies of Capiot Software Inc., USA have become step-down subsidiary companies of Persistent Systems Inc., USA as well. With this, it is confirmed that all customary closing conditions as stated in the Share Purchase Agreement (SPA) for this acquisition have been met.

We wish to inform you that the Company has made a press release dated November 5, 2020, titled 'Persistent named ISG Top 15 Sourcing Standout in Global, Americas and EMEA 'Booming 15''. The copy of the Press Release is enclosed for your records.

Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and all other applicable regulations, if any, the disclosures of related party transactions on a consolidated basis for the half year ended September 30, 2020 are enclosed for your records.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the 'Regulations') and further to our above referred intimation, we wish to inform you that the necessary customary closing conditions with respect to acquisition of Capiot Software Private Limited, India (wholly owned subsidiary of Capiot Software Inc.) have been met by Persistent Systems Limited on October 29, 2020. Consequently, Capiot Software Private Limited has become a Wholly Owned Subsidiary Company of Persistent Systems Limited with effect from October 29, 2020. We also wish to inform you that customary conditions with respect to acquisition of Capiot Software Inc., USA are expected to be completed within next 3 (three) weeks. Accordingly, the Company will inform the closure of the full transaction to the stock exchanges in due course.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and all other applicable regulations, if any, we enclose the copies of the following newspaper advertisements published on October 25, 2020 for the Audited consolidated financial results for the quarter and half year ended September 30, 2020- 1. Audited consolidated financial results for the quarter and half year ended September 30, 2020 in Financial Express(All editions) and Loksatta(Pune edition) in English and Marathi language respectively on October 25, 2020.

We wish to inform you that the Board of Directors at its meeting held on October 21, 2020, October 22, 2020, October 23, 2020 and concluded on October 24, 2020 through tele-conferencing, has approved the Audited Financial Statements for the quarter and half year ended September 30, 2020. Accordingly, please find enclosed the following documents: 1. Audited Consolidated Financial Statements for the quarter and half year ended September 30, 2020; 2. Audited Unconsolidated Financial Statements for the quarter and half year ended September 30, 2020. Please acknowledge the receipt.

Please find enclosed fact sheet of the Consolidated Financial Data for the quarter and half year ended September 30, 2020. The Company has scheduled an investor / analyst call on Monday, October 26, 2020 at 5.00 PM IST. During such call, the Management will comment on the financial results for the quarter and half year ended September 30, 2020 as well as on the business outlook. The details of the said investor call are available on the website of the Company. Please acknowledge the receipt.

Please find enclosed fact sheet of the Consolidated Financial Data for the quarter and half year ended September 30, 2020. The Company has scheduled an investor / analyst call on Monday, October 26, 2020 at 5.00 PM IST. During such call, the Management will comment on the financial results for the quarter and half year ended September 30, 2020 as well as on the business outlook. The details of the said investor call are available on the website of the Company. Please acknowledge the receipt.