StockWatch
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Computers - Software & Consulting
Management Change8 Jun 2026, 08:31 pm

Persistent Systems Seeks Reappointment of Two Independent Directors

AI Summary

Persistent Systems Ltd has announced that its Board of Directors has approved the proposed reappointment of Ms. Avani Davda and Mr. Arvind Goel as Independent Directors. Ms. Davda's second term would be from December 28, 2026, to December 27, 2031, and Mr. Goel's from June 7, 2027, to June 6, 2032. Both reappointments are subject to shareholder approval at the upcoming 36th Annual General Meeting. This move aims to ensure continuity in leadership and governance.

Key Highlights

  • Board approves reappointment of two Independent Directors.
  • Ms. Davda's second term: Dec 2026 - Dec 2031.
  • Mr. Goel's second term: June 2027 - June 2032.
  • Reappointments require shareholder approval at the 36th AGM.
  • Focus on leadership continuity and governance.