Persistent Systems Buyback 2019 Record Date, Buyback Price & Details

IPO Initial Public Offerings

Persistent Systems incorporated in 1990 in Pune. The company provides technology services. The company turned into Public Limited in 2010 with name Persistent Systems Limited. The company provides services like Bigdata, Analytics and BI. The company has products engineering like Integration, Data Development, Owned IPs, Certification Labs. They build software that drives the business of our customers; enterprises and software product companies with software at the core of their digital transformation.

Persistent Systems Buy Back 2019 Offer Details:

 Buyback Record Date:
  Adding Soon
 Board Meeting Approval:  27-Jan-2019
 Public Announcement:  27-Jan-2019
 Buyback Offer:  Rs.225 Crore
 Buyback Offer Size:  3.75%
 Number of Shares:
  3000000
 Share Face Value:
  Rs.10
 Buyback Price:  Rs.750
 Buyback Type:  Open Market

Persistent Systems buyback of 3000000 equity shares which is around 3.75% of all the existing number of equity shares at a price of Rs.750 per equity share. The buyback offer not exceeding of Rs.225 crore of total buyback offer size.

Persistent Systems Buyback Eligible Share Holders:
The investors are eligible of the buyback scheme who have Persistent Systems shares in their Demat account as record date -. Investors can participate in the Persistent Systems Buyback 2019 scheme as per the opening form by selling your shares. The payment will be given as per the accepted shares by the company under the Persistent Systems buyback scheme.

Checkout Current Persistent Systems Shares market price on NSE and BSE: Persistent Systems Live Quote

Note: If anything you want to know about the buyback offer you can refer the Persistent Systems buyback offer documents.

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