Persistent Systems Limited — Declaration of Voting Results & Voting Rights Announcements 2022

Jul 21, 2022

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NSE & BSE / 2022-23 / 75

July 21, 2022

The Manager Corporate Services National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai 400 051

Ref: Symbol: PERSISTENT

The Manager Corporate Services BSE Limited 14[th] Floor, P J Towers, Dalal Street, Mumbai 400 001

Ref: Scrip Code: 533179

Dear Sir/Madam,

• Sub.: Announcement of the result of remote e-voting, e-voting conducted at the time of the 32[nd] Annual General Meeting (AGM), and voting through ballot paper at the AGM held at Persistent Systems Limited, Dewang Mehta Auditorium, ‘Bhageerath’, 402 Senapati Bapat Road, Pune 411 016, India in-person and through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) to transact the business, as set out in the Notice of the AGM.

• Ref.: 1. Our letter bearing no. NSE & BSE / 2022-23 / 70 dated July 19, 2022, for submission of proceedings of the 32[nd] AGM held on July 19, 2022

2. Our letter bearing no. NSE & BSE / 2022-23 / 74 dated July 21, 2022, for submission of the Scrutinizers Report

With reference to our abovementioned letters, Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the Circular issued by the SEBI dated November 4, 2015, please find attached the detailed report on the votes cast by the Members through remote e-voting, e-voting conducted at the time of the AGM and voting through ballot paper as Annexure 1 .

This is for your information and records.

Please acknowledge the receipt.

Thanking you,

Yours Sincerely, For Persistent Systems Limited

Digitally signed by AMIT MURARI AMIT MURARI ATRE ATRE Date: 2022.07.21 13:29:14 +05'30'

Amit Atre Company Secretary ICSI Membership No.: A20507 Encl.: As above

Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India CIN - L72300PN1990PLCO56696

Tel: +91 (20) 670 30000 | Fax - +91 (20) 6703 0008 | E-mail - info@persistent.com | Website - www.persistent.com

Persistent Systems Limited

Annexure 1

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Format for Voting Results
Date of the Annual General Meeting July 19, 2022
Total number of shareholders on record date / cut-off date i.e. July 12, 2022 197,025
No. of shareholders present in the meeting either in person or through proxy Promoters and Public
Promoter Group
In Person In Person Through Proxy
3 70 0
No. of Shareholders attended the meeting through Video Conferencing (‘VC’) Promoters and Public
Promoter Group
1 46
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Page 1 of 10

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Persistent Systems Limited
Resolution Required : (Ordinary) 1 - To receive, consider and adopt the Audited Unconsolidated Financial Statements of the Company for
the Financial Year ended March 31, 2022, Reports of the Board of Directors and Auditors thereon
Whether promoter/ promoter group are interested in No
the agenda/resolution?
Category Mode of No. of No. of votes % of Votes Polled No. of Votes No. of Votes % of Votes in % of Votes against
Voting shares held polled on outstanding – in favour –Against favour on votes on votes polled
shares polled
[1] [2] [3]={[2]/[1]}100 [4] [5] [6]={[4]/[2]}100 [7]={[5]/[2]}100
E-Voting 23880385 99.9515 23880385 0 100.0000 0.0000
Poll 0 0.0000 0 0 0.0000 0.0000
Promoter and Promoter
23891965
Group
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 23880385 99.9515 23880385 0 100.0000 0.0000
E-Voting 29278393 82.6316 29278393 0 100.0000 0.0000
Poll 0 0.0000 0 0 0.0000 0.0000
Public Institutions 35432441
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 29278393 82.6316 29278393 0 100.0000 0.0000
E-Voting 3367267 19.6909 3349155 18112 99.4621 0.5379
Poll 0 0.0000 0 0 0.0000 0.0000
Public Non Institutions 17100594
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 3367267 19.6909 3349155 18112 99.4621 0.5379
Total 76425000 56526045 73.9628 56507933 18112 99.9680 0.0320
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Persistent Systems Limited
Resolution Required : (Ordinary) 2 - To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the
Financial Year ended March 31, 2022
Whether promoter/ promoter group are interested in No
the agenda/resolution?
Category Mode of No. of No. of votes % of Votes Polled No. of Votes No. of Votes % of Votes in % of Votes against
Voting shares held polled on outstanding – in favour –Against favour on votes on votes polled
shares polled
[1] [2] [3]={[2]/[1]}100 [4] [5] [6]={[4]/[2]}100 [7]={[5]/[2]}100
E-Voting 23880385 99.9515 23880385 0 100.0000 0.0000
Poll 0 0.0000 0 0 0.0000 0.0000
Promoter and Promoter
23891965
Group
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 23880385 99.9515 23880385 0 100.0000 0.0000
E-Voting 29278393 82.6316 29278393 0 100.0000 0.0000
Poll 0 0.0000 0 0 0.0000 0.0000
Public Institutions 35432441
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 29278393 82.6316 29278393 0 100.0000 0.0000
E-Voting 3367267 19.6909 3349202 18065 99.4635 0.5365
Poll 0 0.0000 0 0 0.0000 0.0000
Public Non Institutions 17100594
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 3367267 19.6909 3349202 18065 99.4635 0.5365
Total 76425000 56526045 73.9628 56507980 18065 99.9680 0.0320
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Persistent Systems Limited
Resolution Required : (Ordinary) 3 - To confirm the payment of the Interim Dividend of Rs 20 per equity share of Rs 10 each and to approve
the payment of a Final Dividend of Rs 11 per equity share of Rs 10 each recommended for the Financial
Year 2021-22
Whether promoter/ promoter group are interested in No
the agenda/resolution?
Category Mode of No. of No. of votes % of Votes Polled No. of Votes No. of Votes % of Votes in % of Votes against
Voting shares held polled on outstanding – in favour –Against favour on votes on votes polled
shares polled
[1] [2] [3]={[2]/[1]}100 [4] [5] [6]={[4]/[2]}100 [7]={[5]/[2]}100
E-Voting 23880385 99.9515 23880385 0 100.0000 0.0000
Poll 0 0.0000 0 0 0.0000 0.0000
Promoter and Promoter
23891965
Group
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 23880385 99.9515 23880385 0 100.0000 0.0000
E-Voting 29389540 82.9453 29389540 0 100.0000 0.0000
Poll 0 0.0000 0 0 0.0000 0.0000
Public Institutions 35432441
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 29389540 82.9453 29389540 0 100.0000 0.0000
E-Voting 3367265 19.6909 3349200 18065 99.4635 0.5365
Poll 0 0.0000 0 0 0.0000 0.0000
Public Non Institutions 17100594
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 3367265 19.6909 3349200 18065 99.4635 0.5365
Total 76425000 56637190 74.1082 56619125 18065 99.9681 0.0319
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Persistent Systems Limited
Resolution Required : (Ordinary) 4 - To resolve not to fill the vacancy caused by the retirement of Mr. Thomas Kendra, California, USA (DIN:
07406678), Non-Executive Non-Independent Director, who retires by rotation, but does not seek re-
appointment
Whether promoter/ promoter group are interested in No
the agenda/resolution?
Category Mode of No. of No. of votes % of Votes Polled No. of Votes No. of Votes % of Votes in % of Votes against
Voting shares held polled on outstanding – in favour –Against favour on votes on votes polled
shares polled
[1] [2] [3]={[2]/[1]}100 [4] [5] [6]={[4]/[2]}100 [7]={[5]/[2]}100
E-Voting 23880385 99.9515 23880385 0 100.0000 0.0000
Poll 0 0.0000 0 0 0.0000 0.0000
Promoter and Promoter
23891965
Group
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 23880385 99.9515 23880385 0 100.0000 0.0000
E-Voting 29389540 82.9453 29389540 0 100.0000 0.0000
Poll 0 0.0000 0 0 0.0000 0.0000
Public Institutions 35432441
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 29389540 82.9453 29389540 0 100.0000 0.0000
E-Voting 3367223 19.6907 3348408 18815 99.4412 0.5588
Poll 0 0.0000 0 0 0.0000 0.0000
Public Non Institutions 17100594
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 3367223 19.6907 3348408 18815 99.4412 0.5588
Total 76425000 56637148 74.1081 56618333 18815 99.9668 0.0332
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Persistent Systems Limited
Resolution Required : (Special) 5 - To appoint Ms. Avani Davda, Mumbai, India (DIN: 07504739) as an Independent Director of the
Company, not liable to retire by rotation, to hold office for the first term of 5 (Five) consecutive years i.e.
from December 28, 2021, to December 27, 2026
Whether promoter/ promoter group are interested in No
the agenda/resolution?
Category Mode of No. of No. of votes % of Votes Polled No. of Votes No. of Votes % of Votes in % of Votes against
Voting shares held polled on outstanding – in favour –Against favour on votes on votes polled
shares polled
[1] [2] [3]={[2]/[1]}100 [4] [5] [6]={[4]/[2]}100 [7]={[5]/[2]}100
E-Voting 23880385 99.9515 23880385 0 100.0000 0.0000
Poll 0 0.0000 0 0 0.0000 0.0000
Promoter and Promoter
23891965
Group
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 23880385 99.9515 23880385 0 100.0000 0.0000
E-Voting 29366900 82.8814 29245460 121440 99.5865 0.4135
Poll 0 0.0000 0 0 0.0000 0.0000
Public Institutions 35432441
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 29366900 82.8814 29245460 121440 99.5865 0.4135
E-Voting 3367206 19.6906 3349029 18177 99.4602 0.5398
Poll 0 0.0000 0 0 0.0000 0.0000
Public Non Institutions 17100594
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 3367206 19.6906 3349029 18177 99.4602 0.5398
Total 76425000 56614491 74.0785 56474874 139617 99.7534 0.2466
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Persistent Systems Limited
Resolution Required : (Special) 6 - To appoint Mr. Arvind Goel, Pune, India (DIN: 02300813) as an Independent Director of the Company,
not liable to retire by rotation, to hold office for the first term of 5 (Five) consecutive years i.e. from June
7, 2022, to June 6, 2027
Whether promoter/ promoter group are interested in No
the agenda/resolution?
Category Mode of No. of No. of votes % of Votes Polled No. of Votes No. of Votes % of Votes in % of Votes against
Voting shares held polled on outstanding – in favour –Against favour on votes on votes polled
shares polled
[1] [2] [3]={[2]/[1]}100 [4] [5] [6]={[4]/[2]}100 [7]={[5]/[2]}100
E-Voting 23880385 99.9515 23880385 0 100.0000 0.0000
Poll 0 0.0000 0 0 0.0000 0.0000
Promoter and Promoter
23891965
Group
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 23880385 99.9515 23880385 0 100.0000 0.0000
E-Voting 29366900 82.8814 29339408 27492 99.9064 0.0936
Poll 0 0.0000 0 0 0.0000 0.0000
Public Institutions 35432441
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 29366900 82.8814 29339408 27492 99.9064 0.0936
E-Voting 3367223 19.6907 3349036 18187 99.4599 0.5401
Poll 0 0.0000 0 0 0.0000 0.0000
Public Non Institutions 17100594
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 3367223 19.6907 3349036 18187 99.4599 0.5401
Total 76425000 56614508 74.0785 56568829 45679 99.9193 0.0807
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Persistent Systems Limited
Resolution Required : (Special) 7 - To appoint Dr. Ambuj Goyal, New York, USA (DIN: 09631525) as an Independent Director of the
Company, not liable to retire by rotation, to hold office for the first term of 5 (Five) consecutive years i.e.
from June 7, 2022, to June 6, 2027
Whether promoter/ promoter group are interested in No
the agenda/resolution?
Category Mode of No. of No. of votes % of Votes Polled No. of Votes No. of Votes % of Votes in % of Votes against
Voting shares held polled on outstanding – in favour –Against favour on votes on votes polled
shares polled
[1] [2] [3]={[2]/[1]}100 [4] [5] [6]={[4]/[2]}100 [7]={[5]/[2]}100
E-Voting 23880385 99.9515 23880385 0 100.0000 0.0000
Poll 0 0.0000 0 0 0.0000 0.0000
Promoter and Promoter
23891965
Group
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 23880385 99.9515 23880385 0 100.0000 0.0000
E-Voting 29366900 82.8814 29339408 27492 99.9064 0.0936
Poll 0 0.0000 0 0 0.0000 0.0000
Public Institutions 35432441
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 29366900 82.8814 29339408 27492 99.9064 0.0936
E-Voting 3367223 19.6907 3349030 18193 99.4597 0.5403
Poll 0 0.0000 0 0 0.0000 0.0000
Public Non Institutions 17100594
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 3367223 19.6907 3349030 18193 99.4597 0.5403
Total 76425000 56614508 74.0785 56568823 45685 99.9193 0.0807
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Persistent Systems Limited
Resolution Required : (Special) 8 - To appoint Mr. Dan’l Lewin, California, USA (DIN: 09631526) as an Independent Director of the
Company, not liable to retire by rotation, to hold office for the first term of 5 (Five) consecutive years i.e.
from June 10, 2022, to June 9, 2027
Whether promoter/ promoter group are interested in No
the agenda/resolution?
Category Mode of No. of No. of votes % of Votes Polled No. of Votes No. of Votes % of Votes in % of Votes against
Voting shares held polled on outstanding – in favour –Against favour on votes on votes polled
shares polled
[1] [2] [3]={[2]/[1]}100 [4] [5] [6]={[4]/[2]}100 [7]={[5]/[2]}100
E-Voting 23880385 99.9515 23880385 0 100.0000 0.0000
Poll 0 0.0000 0 0 0.0000 0.0000
Promoter and Promoter
23891965
Group
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 23880385 99.9515 23880385 0 100.0000 0.0000
E-Voting 29366900 82.8814 29339408 27492 99.9064 0.0936
Poll 0 0.0000 0 0 0.0000 0.0000
Public Institutions 35432441
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 29366900 82.8814 29339408 27492 99.9064 0.0936
E-Voting 3367223 19.6907 3348994 18229 99.4586 0.5414
Poll 0 0.0000 0 0 0.0000 0.0000
Public Non Institutions 17100594
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 3367223 19.6907 3348994 18229 99.4586 0.5414
Total 76425000 56614508 74.0785 56568787 45721 99.9192 0.0808
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Persistent Systems Limited
Resolution Required : (Ordinary) 9 - To appoint Mr. Sandeep Kalra, New Jersey, USA and Pune, India (DIN: 02506494) as an Executive
Director of the Company liable to retire by rotation, to hold the office with effect from June 11, 2022, till
September 30, 2025, subject to the approval of the Central Government
Whether promoter/ promoter group are interested in No
the agenda/resolution?
Category Mode of No. of No. of votes % of Votes Polled No. of Votes No. of Votes % of Votes in % of Votes against
Voting shares held polled on outstanding – in favour –Against favour on votes on votes polled
shares polled
[1] [2] [3]={[2]/[1]}100 [4] [5] [6]={[4]/[2]}100 [7]={[5]/[2]}100
E-Voting 23880385 99.9515 23880385 0 100.0000 0.0000
Poll 0 0.0000 0 0 0.0000 0.0000
Promoter and Promoter
23891965
Group
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 23880385 99.9515 23880385 0 100.0000 0.0000
E-Voting 29346837 82.8248 19074440 10272397 64.9966 35.0034
Poll 0 0.0000 0 0 0.0000 0.0000
Public Institutions 35432441
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 29346837 82.8248 19074440 10272397 64.9966 35.0034
E-Voting 3209123 18.7661 3190829 18294 99.4299 0.5701
Poll 0 0.0000 0 0 0.0000 0.0000
Public Non Institutions 17100594
Postal Ballot 0 0.0000 0 0 0.0000 0.0000
Total 3209123 18.7661 3190829 18294 99.4299 0.5701
Total 76425000 56436345 73.8454 46145654 10290691 81.7658 18.2342
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