StockWatch
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Computers - Software & Consulting
Board Meeting8 Jun 2026, 08:21 pm

Persistent Systems Board Approves Reappointment of Two Independent Directors

AI Summary

Persistent Systems Ltd announced that its Board of Directors, in a meeting held on June 8, 2026, approved the proposed reappointment of Ms. Avani Davda and Mr. Arvind Goel as Independent Directors. Both directors are set to begin their second five-year terms, with Ms. Davda's term running from December 28, 2026, to December 27, 2031, and Mr. Goel's from June 7, 2027, to June 6, 2032. These reappointments are subject to shareholder approval at the upcoming 36th Annual General Meeting. The board's decision aims to ensure continuity in leadership and governance.

Key Highlights

  • Board approved reappointment of Ms. Avani Davda as Independent Director.
  • Board approved reappointment of Mr. Arvind Goel as Independent Director.
  • Both reappointments are for a second term of five years.
  • Reappointments are subject to shareholder approval at the 36th AGM.
  • Decisions aim to ensure continuity in directorship.