Persistent Systems Limited — Others, 14-07-2025: Copy of Newspaper Publication
14-07-2025 | 09:09 pm
14-07-2025 | 09:09 pm
Persistent Systems has issued an addendum to its upcoming Thirty-Fifth Annual General Meeting (AGM) scheduled for July 21. The company will seek shareholder approval for a significant capital raising plan through a Preferential Allotment of equity shares to its Promoters/Promoter Group/Non-Promoters. This involves increasing the authorized share capital from 50 Cr to 100 Cr and amending its Memorandum of Association. This move aims to bolster the company's financial flexibility and support future growth initiatives. Shareholders can attend the AGM in-person or via video conferencing to consider and approve these key proposals.
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