Persistent Systems Limited — Dividend/Bonus, 24-04-2025: Dividend

The Board of Directors of Persistent Systems Limited has approved the appointment of Mr. Vinit Teredesai as an Additional Director (Executive Member) effective immediately, pending approval at the upcoming 35th AGM. Additionally, a Final Dividend of INR 15 per equity share for FY 2024-25 has been proposed, subject to shareholder approval. The company reported a net profit of INR 11,551.41 million for the financial year, representing a significant increase compared to the previous year. The Board also sanctioned the merger of wholly owned subsidiary Arrka Infosec Private Limited into Persistent Systems, aiming for operational efficiency.