Persistent Systems Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 21, 2025
PERSISTENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Persistent Systems has filed the notice for its 35th Annual General Meeting scheduled on Monday, July 21, 2025 at 4:00 PM IST, to be held in hybrid mode — in-person at the company's Pune office (Dewang Mehta Auditorium) and via video conferencing. Key agenda items include adoption of FY25 audited standalone and consolidated financial statements and shareholder approval of a total dividend of INR 35 per equity share (INR 20 interim already paid plus a proposed INR 15 final dividend). The notice also seeks approval to reappoint Dr. Anand Deshpande as Managing Director for 5 years (up to the 40th AGM), reappoint Mr. Sandeep Kalra as Executive Director and CEO for 3 years (Oct 2025–Sep 2028), and appoint Mr. Vinit Teredesai as Executive Director. Additionally, M/s. B S R & Co. LLP is proposed as statutory auditor for 5 years, and M/s. SVD & Associates as secretarial auditor for 5 years. The record date for final dividend eligibility is July 14, 2025, with remote e-voting open from July 16 (9 AM) to July 20 (5 PM) via NSDL.
This is a procedural AGM notice giving shareholders their voting and dividend timelines. The leadership reappointments signal continuity at the top. Investors should note the record date of July 14, 2025 to be eligible for the proposed final dividend of INR 15 per share (on top of the INR 20 interim already paid).