Persistent Systems

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154 • Annual Report 2018-19
Shaping the future of software driven business
B. Corporate Identity Number (CIN)
The Corporate Identity Number (CIN), allotted by the Ministry of Corporate Affairs, Government of India is
‘L72300PN1990PLC056696’. The Company is registered in the State of Maharashtra, India.
C. General details of the Company
i. Registered Office
Bhageerath, 402 Senapati Bapat Road, Pune 411 016, India.
ii. Financial year of the Company is from 1st April of every year to 31st of March next year.
iii. Forthcoming Annual General Meeting of the Company
The forthcoming Annual General Meeting of the Company will be held on Wednesday, July 24, 2019 at Persistent Systems
Limited, Dewang Mehta Auditorium, Bhageerath, 402 Senapati Bapat Road, Pune 411 016 at 1100 hrs. (IST).
iv. Book Closure dates: From Monday, July 15, 2019 to Wednesday, July 24, 2019 (Both days inclusive)
v. Company Secretary and Compliance Officer of the Company
Mr. Amit Atre
ICSI Memebership No. A20507
Bhageerath, 402 Senapati Bapat Road, Pune 411 016, India.
Tel.: Fax
E-mail: /
Website:
The Members may communicate investor complaints to the Company Secretary on the above-mentioned co-ordinates.
vi. Dividend payment date
The Company had declared the first Interim Dividend of ` 8 per equity share at its Board meeting held in
January 2019 for the financial year 2018-19 to those members whose names were appearing in the Register of Members on
February 5, 2019.
Payment of dividend through Electronic mode:
Securities and Exchange Board of India (SEBI) has vide Circular No. CIR/MRD/DP/10/2013 dated March 21, 2013 directed
that Listed Companies shall mandatorily make all payments to Investors, including Dividend to shareholders, by using any
Reserve Bank of India (RBI) approved electronic mode of payments viz. ECS, LECS (Local ECS), RECS (Regional ECS), NECS
(National ECS), NEFT etc.
1. The Company will use the bank details available with Depository Participant for electronic credit of Dividend.
2. In order to receive the dividend without loss of time, all the eligible shareholders holding shares in demat mode
were requested to update with their respective Depository Participants their correct Bank Account Number,
including 9 digit MICR Code and 11 digit IFSC Code, E-mail ID and mobile no(s).
Shareholders holding shares in physical form may communicate details relating to their Bank Account, 9 digit MICR
Code and 11 digit IFSC Code, E-mail ID and mobile no(s) to the Registrar and Share Transfer Agents viz. Link Intime
India Private Limited, having address at Block No. 202, Second Floor, Akshay Complex, Off Dhole Patil Road, Pune 411
001, by quoting the reference folio number and attaching a photocopy of the Cheque leaf of their Active Bank account
and a self-attested copy of their PAN card.
In terms of the recent SEBI Notification dated April 20, 2018 in case dividend payment by electronic mode is returned
or rejected by the corresponding bank due to certain reasons, the shareholders are required to connect their bank
account with the Demat Account. The Company will then process online transfer of unclaimed Dividend to the
respective Bank Account of the shareholders.
vii. Unclaimed Dividend
According to the provisions of the Act, the amount in the dividend account remaining unclaimed for a period of 7 (Seven)
years from the date of its disbursement, has to be transferred to the Investor Education and Protection Fund (IEPF)
maintained by the Government of India.