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• Annual Report 2018-19
Shaping the future of software driven business
Corporate Governance Compliance Certificate
To the Members of Persistent Systems Limited
We have examined all the relevant records of Persistent Systems Limited (the ‘Company’) for the year ended March 31, 2019 for
the purpose of certifying compliance of the conditions of Corporate Governance as per the relevant provisions of Securities
and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) as
referred to in Regulation 17 to 27, Clauses (b) to (i) of Sub-Regulation (2) of Regulation 46 and Para C, D and E of Schedule V of
the Listing Regulations for the year from April 1, 2018 to March 31, 2019.
The compliance of conditions of Corporate Governance is the responsibility of the Management. Our examination was limited
to procedure and implementation process adopted by the Company for ensuring the compliance of the conditions of Corporate
Governance. The certificate is neither an assurance as to the future viability of the Company nor the efficacy or effectiveness
with which the management has conducted the affairs of the Company.
In our opinion and to the best of our information and according to the explanations given to us, we certify that the Company has
complied with all the mandatory conditions of Corporate Governance as stipulated in the said Listing Regulations, as applicable.
For SKO & Associates
Company Secretaries
Pallavi Salunke
Partner
FCS-5640
C.P. No.:4453
Place: Pune
Date: May 27, 2019
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