Update by Persistent Systems Limited on the recent announcement on H-1B visa applications

Persistent Systems Limited have reviewed the recent U.S. Executive Order titled 'RESTRICTION ON ENTRY OF CERTAIN NON-IMMIGRANT WORKERS' related to H-1B visa applications dated September 19, 2025, and subsequent Memorandum dated September 20, 2025, issued by the U.S. Department of Homeland Security, the U.S. Citizenship and Immigration Services.

Based on our current assessment, we hereby wish to inform that we do not expect any significant impact of the above Executive Order on our operations or financials.

We will continue to monitor the developments in this regard closely and will provide updates, as appropriate.

Source : Equity Bulls

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PersistentSystems H1BVisaApplications USOrder Impact