Persistent Systems Limited has informed the Exchange about issue of Securities
PERSISTENT · price
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Persistent Systems' Board, at its meeting on July 23, 2025, approved the issuance of 1,350,000 equity shares of INR 5 each to the PSPL ESOP Management Trust. These shares will be issued in single or multiple tranches at the exercise price of the underlying stock options. The issuance is under Section 62(1)(b) of the Companies Act, 2013, and SEBI's Share Based Employee Benefits Regulations, 2021. The shares will be transferred to eligible employees when they exercise their ESOP options. The Stakeholders Relationship and ESG Committee has been authorized to handle the allotment.
This is a routine ESOP-related issuance and not a capital raise from the market, so there is no immediate dilutionary impact on existing shareholders beyond what is already factored into the ESOP pool. The actual share transfer to employees will happen only when options are exercised, at the respective exercise prices.