Persistent Systems Limited has submitted a regulatory disclosure under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board of Directors meeting is scheduled for Wednesday, September 2, 2026, to consider a proposal for raising funds. The fundraising may be conducted through:
- Debt instruments (including but not limited to External Commercial Borrowings [ECB], Non-Convertible Debentures [NCDs], and other similar instruments)
- Issuance of securities through permissible modes (including but not limited to Preferential Issue, Foreign Currency Convertible Bond [FCCB], Qualified Institutional Placement [QIP])
- Or a combination thereof
The final determination of the fundraising method(s) will be made by the Board subject to obtaining necessary approvals.
In compliance with the Company's Code of Conduct for Prevention of Insider Trading, the trading window has been closed effective from Sunday, August 30, 2026, for the following persons:
- Promoters
- Promoter Group
- Board of Directors
- Key Managerial Personnel
- Designated Persons of the Company
- Connected Persons of the Company who are part of this activity/discussion
The trading window will remain closed until further notice.
The disclosure was signed by Amit Atre, Company Secretary (ICSI Membership No.: A20507) on August 30, 2026, at 23:43:08 GMT+5.5.