PERSISTENTNSEPersistent Systems Limited· Computers - SoftwareMediumPositive
Announced Mon, 15 Jun · 15:36 IST

Persistent Systems ESOP Trust to buy up to 40,000 shares by June 30

Corporate Actions View source PDF

PERSISTENT · price

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Price reaction · full curve 14 horizons · vs prior close
+3.1%1-day move
₹4890.50
prior close
₹4930.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.0+0.4+1.0+3.1+1.0-1.1-0.8-1.0-0.9-2.5+3.8
Up moveDown movePending
AI summary

The ESOP Trust of Persistent Systems plans to buy up to 40,000 equity shares from the secondary market in multiple tranches, starting June 15, 2026, to be completed by June 30, 2026. This is to meet upcoming ESOP vesting commitments under the PESOS 2014 and ESOP 2017 schemes. Earlier, the trust had purchased 107,874 shares between May 15 and June 11, 2026. Purchases will comply with SEBI insider trading norms and avoid closed trading window periods.

Likely market impact

Routine ESOP-related secondary purchase, not a company buyback. Minor buying support; neutral to slightly positive for shareholders.