Meeting Details

  • NSE Symbol: PERSISTENT
  • Type of Meeting: 36th Annual General Meeting (AGM)
  • Meeting Date: August 3, 2026
  • Meeting Time: 4:00 PM to 6:18 PM
  • Record Date: July 27, 2026
  • Total Shareholders on Record Date: 269,582

Voting Process and Methods

The voting was conducted through three methods:

  • Remote e-voting
  • E-voting conducted at the time of the AGM
  • Voting through ballot paper

Scrutinizer Details

  • Name: Mr. Sridhar Mudaliar
  • Firm: M/s SVD & Associates
  • Qualification: Company Secretary
  • Membership Number: 6156
  • Appointment Date: April 24, 2025
  • Report Issuance Date: August 4, 2026

Attendance Details

  • Promoters and Promoter Group Present: 5
  • Public Shareholders Present: 210
  • Promoters Attended via Video Conferencing: 0
  • Public Attended via Video Conferencing: 94

Resolution Details and Voting Outcomes

Resolution 1: Adoption of Audited Standalone Financial Statements

  • Type: Ordinary Resolution
  • Description: To receive, consider and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors
  • Promoter Interest: No
  • Total Votes Cast: 128,640,496 (81.5471% of outstanding shares)
  • In Favor: 128,640,306 (99.9999%)
  • Against: 190 (0.0001%)
  • Result: Passed

Resolution 2: Adoption of Audited Consolidated Financial Statements

  • Type: Ordinary Resolution
  • Description: To receive, consider and adopt the Audited Consolidated Financial Statements for FY ended March 31, 2026
  • Promoter Interest: No
  • Total Votes Cast: 128,640,410 (81.547% of outstanding shares)
  • In Favor: 128,216,625 (99.6706%)
  • Against: 423,785 (0.3294%)
  • Result: Passed

Resolution 3: Declaration of Final Dividend

  • Type: Ordinary Resolution
  • Description: To declare final dividend of INR 40 per equity share of INR 5 each
  • Promoter Interest: No
  • Total Votes Cast: 128,705,957 (81.5886% of outstanding shares)
  • In Favor: 128,705,872 (99.9999%)
  • Against: 85 (0.0001%)
  • Result: Passed

Resolution 4: Reappointment of Dr. Anand Deshpande

  • Type: Ordinary Resolution
  • Description: Reappointment of Dr. Anand Deshpande (DIN: 00005721) as Chairman and Managing Director
  • Promoter Interest: Yes
  • Total Votes Cast: 128,590,002 (81.5151% of outstanding shares)
  • In Favor: 128,085,738 (99.6079%)
  • Against: 504,264 (0.3921%)
  • Result: Passed

Resolution 5: Reappointment of Ms. Avani Davda

  • Type: Special Resolution
  • Description: Reappointment of Ms. Avani Davda (DIN: 07504739) as Independent Director for second term from December 28, 2026 to December 27, 2031
  • Promoter Interest: No
  • Total Votes Cast: 128,670,403 (81.566% of outstanding shares)
  • In Favor: 127,076,843 (98.7615%)
  • Against: 1,593,560 (1.2385%)
  • Result: Passed

Resolution 6: Reappointment of Mr. Gulu Mirchandani

  • Type: Special Resolution
  • Description: Reappointment of Mr. Gulu Mirchandani as Independent Director for second term from June 7, 2027 to June 6, 2032
  • Promoter Interest: No
  • Total Votes Cast: 128,670,451 (81.5661% of outstanding shares)
  • In Favor: 127,179,995 (98.8416%)
  • Against: 1,490,456 (1.1584%)
  • Result: Passed

Resolution 7: Reappointment of Dr. Ambuj Goyal

  • Type: Special Resolution
  • Description: Reappointment of Dr. Ambuj Goyal (DIN: 09631525) as Independent Director for second term from June 7, 2027 to October 31, 2031
  • Promoter Interest: No
  • Total Votes Cast: 128,670,353 (81.566% of outstanding shares)
  • In Favor: 127,469,337 (99.0666%)
  • Against: 1,201,016 (0.9334%)
  • Result: Passed

Resolution 8: Reappointment of Mr. Dan'l Lewin

  • Type: Special Resolution
  • Description: Reappointment of Mr. Dan'l Lewin (DIN: 09631526) as Independent Director for second term from June 10, 2027 to April 30, 2029
  • Promoter Interest: No
  • Total Votes Cast: 128,670,453 (81.5661% of outstanding shares)
  • In Favor: 125,349,192 (97.4188%)
  • Against: 3,321,261 (2.5812%)
  • Result: Passed

Resolution 9: Reappointment of Mr. Gopichand Katragadda

  • Type: Special Resolution
  • Description: Reappointment of Mr. Gopichand Katragadda as Independent Director
  • Promoter Interest: No
  • Total Votes Cast: 128,668,965 (81.5651% of outstanding shares)
  • In Favor: 128,660,928 (99.9938%)
  • Against: 8,037 (0.0062%)
  • Result: Passed

Resolution 10: Corporate Guarantee for Galaxy Germany Holding SE

  • Type: Special Resolution
  • Description: Creation of security and provision of Corporate Guarantee for Galaxy Germany Holding SE (Wholly Owned Subsidiary)
  • Promoter Interest: No
  • Total Votes Cast: 128,669,013 (81.5651% of outstanding shares)
  • In Favor: 128,542,628 (99.9018%)
  • Against: 126,385 (0.0982%)
  • Result: Passed

Resolution 11: Creation of Charge for Galaxy Germany Loan

  • Type: Special Resolution
  • Description: Creation of charge, pledge, hypothecation, and/or mortgage for loan to Galaxy Germany Holding SE
  • Promoter Interest: No
  • Total Votes Cast: 128,632,319 (81.5419% of outstanding shares)
  • In Favor: 128,505,861 (99.9017%)
  • Against: 126,458 (0.0983%)
  • Result: Passed

Resolution 12: Payment of Commission to Non-Executive Directors

  • Type: Special Resolution
  • Description: Payment of commission to Non-Executive Directors
  • Promoter Interest: No
  • Total Votes Cast: 80,458,734 (51.004% of outstanding shares)
  • In Favor: 80,338,213 (99.8502%)
  • Against: 120,521 (0.1498%)
  • Result: Passed

Invalid Votes Breakdown

Across various resolutions, the following invalid votes were recorded:

  • Promoter and Promoter Group: 0 votes
  • Public Institutions: 705,014 votes
  • Public - Non Institutions: 900,779 votes

Compliance Statement

The company confirmed compliance with applicable laws and regulations including the Companies Act and SEBI LODR Regulations.

Additional Information

The document references previous communications:

  • Ref. No. NSE & BSE / 2026-27 / 097 dated August 3, 2026 (submission of AGM proceedings)
  • Ref. No. NSE & BSE / 2026-27 / 100 dated August 4, 2026 (submission of Scrutinizer's Report)