Persistent Systems Announces EGM on October 5, 2026

Persistent Systems Ltd has announced its Extra Ordinary General Meeting (EGM) scheduled for Monday, October 5, 2026, at 1600 Hrs (IST). The meeting will be held in a hybrid mode, both in-person at their Pune office and via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company has initiated the process of sending the EGM notice electronically to members registered as of September 4, 2026. Key agenda items include alteration of Articles of Association, increasing the borrowing limit to USD 1,250 million, creation of charges for debt financing, and issuance of securities up to USD 450 million. Travel arrangements are being organized for in-person attendees.