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Persistent Systems LimitedDividend/Bonus, 22-01-2025: Dividend

22-01-2025 | 03:36 pm

Persistent Systems has declared an interim dividend of INR 20 per equity share (face value INR 5) for FY 2024-25. The record date for this dividend payment is set for January 31, 2025, with disbursement to occur within the stipulated timeframe per the Companies Act.

Additionally, the company has approved the issuance of 560,000 equity shares to the PSPL ESOP Management Trust, following prior shareholder approvals and contingent on exercise price terms. This move will support the company's employee stock option plans and potentially impact shareholder equity.

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