MUMBAI:

STOCKSPLIT :

The Board of Directors of Persistent Systems convened on January 20, 2024, starting at 0800 Hrs (IST) and concluding at 1532 Hrs (IST). During the meeting, they deliberated on the proposal for the sub-division/split of the current Equity Shares, each with a face value of INR 10

  • split ratio : The proposal involves a 1:2 sub-division, meaning that one existing Equity Share with a face value of INR 10/- (INR Ten only) will be split into two fully paid-up Equity Shares, each with a face value of INR 5 (INR Five only) each.
  • expected time of completion: Approximately within three months from the date of approval by the Company’s members

DIVIDEND UPDATES:

  • During the meeting on January 20, 2024, the Board of Directors approved an Interim Dividend of INR 32 (INR Thirty-Two only) per Equity Share with a face value of INR 10 each for the Financial Year 2023-24.
  • Record date: Tuesday, January 30, 2024
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