Persistent Systems Ltd: Approval of Sub-Division of Equity Shares and Amendment to Capital Clause

Persistent Systems Ltd has announced the approval of the sub-division of 1 equity share of INR 10/- each into 2 equity shares of INR 5/- each. This decision has led to the amendment of the Capital Clause V of the Memorandum of Association of the company from INR 2,000,000,000/- to INR 2,000,000,000/- divided into 800,000,000 equity shares of INR 5/- each.