Allotment of 400,000 equity shares to ESOP Management Trust at INR 5 per share

Persistent Systems has allotted 400,000 equity shares of INR 5 each to its ESOP Management Trust at an allotment price of INR 5 per share on October 2, 2026.

Fri 2 Oct 2026

Equity Shares Allotted

400,000 equity shares

Face Value per Share

INR 5 each

Allotment Price

INR 5 per share

Total Consideration

INR 2,000,000

Allotment Date

October 2, 2026

What was announced

• The Stakeholders Relationship and ESG Committee has approved the allotment of 400,000 equity shares of face value INR 5 each.
• The shares carry an allotment price of INR 5 per equity share, so the total consideration works out to INR 2,000,000.
• The allotment was made to the PSPL ESOP Management Trust, described as the ESOP Trust, on October 2, 2026.
• This follows the company's earlier intimation dated January 20, 2026, which is referred to in the update.

What the terms mean

• Allotment means the company has issued and given these shares to the ESOP Trust.
• The ESOP Trust is the vehicle that holds shares for the company's employee stock option plan, so the shares go to the trust rather than to outside investors.
• The shares are of face value INR 5 each and are being allotted at INR 5 per share, which is the same figure.

Key figures to note

• Number of equity shares allotted: 400,000
• Face value per equity share: INR 5
• Allotment price per equity share: INR 5
• Total consideration: INR 2,000,000

What it means for investors

• An allotment to an employee stock option trust is a routine corporate step connected to running an employee stock option plan.
• Because the shares are allotted at INR 5 each, the money received by the company on this allotment is INR 2,000,000.
• The update states that the requisite disclosure under Regulation 10(c) of the SEBI (Share-Based Employee Benefits and Sweat Equity) Regulations, 2021 will be submitted in due course.

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