PERSISTENT Corporate Action

Persistent Systems Ltd Share Price

PERSISTENT

CMP as on 18-Apr-24 12:00
₹ 3,844

-14.35 | -0.37%

Open
₹ 3,929

Turnover(lac)
₹ 16,067

Prev. Close
₹ 3,858.25

Day's Vol (shares)
₹ 417,993

Day's Vol (shares)

₹ 3,821.55 ₹ 3,959.75

Corporate Action

Action :

From Date:

To Date:

Purpose	AGM Date	Announcement Date	Book Closure Start Date	Book Closure End Date
AGM	18-Jul-2023	19-Jun-2023	-	-
AGM 18/07/2023 In terms of Regulation 30 and any other applicable regulations, if any of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the 33rd Annual General Meeting (AGM) of the Members of the Company will be held on Tuesday, July 18, 2023, at the Registered Office of the Company, in-Person and through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The Notice convening the 33rd AGM will be submitted to the Stock Exchanges in due course. The Register of Members and Share Transfer Books of the Company will remain closed from Wednesday, July 12, 2023, to Tuesday, July 18, 2023 (both days inclusive), for the purpose of AGM. Further, in terms of Section 108 of the Companies Act, 2013 and the Companies (Management and Administration) Rules, 2014, the cut-off date to record the entitlement of Members to cast their votes for the businesses to be transacted at the ensuing 33rd AGM of the Company is fixed as Tuesday, July 11, 2023. We refer to our letter bearing Ref. No. NSE & BSE / 2023-24 / 55 dated June 19, 2023 to your office wherein we informed that the 33rd Annual General Meeting (AGM) will be held on Tuesday, July 18, 2023. In continuation of the same and in terms of Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Notice of the 33rd AGM of the Company. Today, the Company has initiated the process to send the Notice through electronic mode to those Members whose name was recorded in the Register of Members or in the Register of Beneficial Owners maintained by the Depositories as of Friday, June 16, 2023. The Company has uploaded the AGM Notice on its website at: agm-notice-2023.pdf (persistent.com) We request you to take the same on your records. (As Per BSE Announcement dated on 21.06.2023) Further to our above-mentioned letter to your office wherein we had informed that the 33rd Annual General Meeting (AGM) will be held on Tuesday, July 18, 2023, we attach herewith an Addendum to the Notice of Annual General Meeting (AGM) which is self-explanatory. Today, the Company has initiated the process to send the said Addendum through electronic mode to those Members whose name was recorded in the Register of Members or in the Register of Beneficial Owners maintained by the Depositories as of Friday, June 16, 2023. Pursuant to Circular No. 10/2022 dated December 28, 2022, issued by the Ministry of Corporate Affairs, the requirements of sending a physical copy of the Addendum to the Notice of the AGM to the members have been dispensed. The Company has uploaded the Addendum on its Website. We request you to take the same on your records. (As per BSE Announcement Dated on 06/07/2023) Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and all other applicable regulations, if any, we enclose the copies of Newspaper Advertisements titled Addendum to the NOTICE of the THIRTY-THIRD Annual General Meeting of the Members of Persistent Systems Limited, to be held on Tuesday, July 18, 2023 at 1600 Hrs (India Time) at Persistent Systems Limited, Dewang Mehta Auditorium, Bhageerath, 402, Senapati Bapat Road, Pune 411016, India, in person or through Video Conferencing (VC)/Other Audio Visual Means(OAVM), published on July 7, 2023, in Financial Express (English - All Editions) and Loksatta (Marathi- Pune Edition) (As per BSE Announcement Dated on 07/07/2023) Proceedings of the 33rd Annual General Meeting held on Tuesday, July 18, 2023, at Persistent Systems Limited, Dewang Mehta Auditorium, Bhageerath 402, Senapati Bapat Road, Pune 411016, India, in person and through Video Conferencing/OAVM to transact the businesses as set out in the attached letter. The meeting commenced at 4:00 PM (IST) and concluded at 05:56 PM (IST) (including the time allowed for e-voting at AGM. For the said AGM, the following 3 options were provided by the Company to the Members to cast their votes: (i) Remote e-voting through NSDL from Saturday, July 15, 2023, at 12:01 AM (IST) to Monday, July 17, 2023, till 05:00 PM (IST) (ii) Physical Ballot Paper voting at the AGM; (iii) E-voting at the time of the AGM till 05:56 PM (IST). The scrutinizer will submit the consolidated report for the aforesaid voting by Thursday, July 20, 2023. (As Per BSE Announcement dated on 18.07.2023) Pursuant to Regulation 44(3), of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, read with the Circular issued by the SEBI dated November 4, 2015, please find attached the detailed report on the votes casted by the Members through remote e-voting, e-voting conducted at the time of the AGM and voting through ballot paper. (As per BSE Announcement Dated on 20/07/2023)

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.