Meeting Details

  • Date: Monday, August 3, 2026
  • Location: Persistent Systems Limited, Dewang Mehta Auditorium, 'Bhageerath', 402 Senapati Bapat Road, Pune 411 016, India
  • Type: 36th Annual General Meeting held in-person and through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Duration: Commenced at 04:00 P.M. (IST) and concluded at 06:18 P.M. (IST), including time allowed for e-voting at AGM

Voting Process and Methods

The Company provided three voting options to Members:

  • Remote e-voting through NSDL platform from Wednesday, July 29, 2026 at 09:00 A.M. (IST) to Sunday, August 2, 2026 till 05:00 P.M. (IST)
  • Physical Ballot Paper voting at the AGM
  • E-voting at the time of the AGM till 06:18 PM (IST)

Resolutions Considered

Ordinary Businesses:

1. To receive, consider, and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors

2. To receive, consider, and adopt the Audited Consolidated Financial Statements for FY ended March 31, 2026, with Report of Auditors

3. To confirm payment of Interim Dividend of ₹22 per equity share and approve Final Dividend of ₹18 per equity share (₹5 face value), aggregating to ₹40 per equity share for FY 2025-26

4. To consider reappointment of Dr. Anand Deshpande (DIN: 00005721), Chairman and Managing Director, who retires by rotation

Special Businesses:

5. To reappoint Ms. Avani Davda (DIN: 07504739) as Independent Director for second term of 5 years from December 28, 2026 to December 27, 2031

6. To reappoint Mr. Arvind Goel (DIN: 02300813) as Independent Director for second term of 5 years from June 7, 2027 to June 6, 2032

7. To reappoint Dr. Ambuj Goyal (DIN: 09631525) as Independent Director for second term from June 7, 2027 to October 31, 2031 (until month end of attaining 75 years)

8. To reappoint Mr. Dan'l Lewin (DIN: 09631526) as Independent Director for second term from June 10, 2027 to April 30, 2029 (until month end of attaining 75 years)

9. To approve acquisition of Nagarro SE through Galaxy Germany Holding SE, a Wholly Owned Subsidiary (BidCo)

10. To approve creation of security and provision of Corporate Guarantee by Company on behalf of Galaxy Germany Holding SE

11. To approve creation of charge, pledge, hypothecation, and/or mortgage by Company for loan to Galaxy Germany Holding SE

12. To approve material related party transaction(s)

Scrutinizer and Compliance

  • The Scrutinizer will submit consolidated report on remote e-voting, venue e-voting, and ballot paper voting to the Company on or before Wednesday, August 5, 2026
  • The Report along with voting results will be submitted to Stock Exchanges in accordance with Regulation 44 of SEBI LODR Regulations, 2015
  • Resolutions shall be deemed passed on August 3, 2026 subject to receipt of requisite number of votes

Additional Information

  • The disclosure is addressed to National Stock Exchange of India Limited and BSE Limited