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However, we are facing an error while validating the document, if we incorporate the same. Hence, the date of prior intimation is entered as April 02, 2023. 1. The audited condensed interim standalone financial statements for the quarter and the year ended March 31, 2023, have been taken on record by the Board of Directors at its meeting held on April 24, 2023 as recommended by the Audit Committee at its meeting held on April 23, 2023. The statutory auditors have expressed an unqualified audit opinion. The information presented above is extracted from the audited condensed interim standalone financial statements. 2. The above standalone financial results have been prepared from the condensed interim standalone financial statements, which are prepared in accordance with Indian Accounting Standards ( Ind AS ), the provisions of the Companies Act, 2013 ( the Companies Act ), as applicable and guidelines issued by the Securities and Exchange Board of India ( SEBI ). The Ind AS are prescribed under Section 133 of the Companies Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and amendments issued thereafter. All amounts included in the standalone financial results (including notes) are reported in millions of Indian rupees ( in INR millions) except share and per share data, unless otherwise stated. 3. The Board of Directors at its meeting held in January 2023 approved the payment of an Interim Dividend of INR 28 per Equity Share of INR 10 each for FY 2022-23. Accordingly, an amount of INR 2,139.55 Million was paid as Interim Dividend out of the total dividend amount of INR 2,139.90 Million. The remaining amount of INR 0.35 Million is unclaimed and the Company will make due efforts to pay the same to the respective Shareholders. 4. The Board of Directors recommended final dividend of INR 12 per share and special dividend of INR 10 per share on achieving USD 1 billion in annual revenue, on the face value of INR 10 each. In January 2023, the Board had declared an interim dividend of INR 28 per share making the total dividend INR 50 per share. The final dividend recommended by the Board is subject to the approval of the members during the ensuing Annual General Meeting. 5. Persistent Systems Inc., USA (a wholly owned subsidiary of the Company) formed its wholly-owned subsidiary in Poland on April 5,2023. The new entity will be a Step- Down Subsidiary of the Company. 6. The Board of Directors of the Company at its meeting held on Wednesday, March 22, 2023, approved the issuance of 500,000 (Five Hundred Thousand only) Equity Shares of INR 10 each to the PSPL ESOP Management Trust (‘ESOP Trust’) at the allotment price of INR 2,789 per Equity Share, aggregating to the total consideration of INR 1,394.50 Million and the Board has authorized the Stakeholders Relationship and ESG Committee to allot the said Equity Shares to the ESOP Trust. The ESOP Trust made the payment of the consideration on April 5, 2023, and accordingly, 500,000 (Five Hundred Thousand only) Equity Shares of INR 10 each were allotted to the ESOP Trust on April 6, 2023. Consequent to this, the paid-up share capital of the Company is increased from 76.43 Million Equity Shares to 76.93 Million Equity Shares. Listing of the 500,000 shares on the Stock Exchanges is completed. 7. In accordance with para 4 of Notified Indian Accounting Standard 108 (Ind AS-108) “Operating Segments”, the Company has disclosed segment information only on the basis of consolidated financial results. 8. The investors are requested to visit the following website of the Company and Stock Exchanges for further details: Company's website: https://www.persistent.com/investors BSE Ltd: www.bseindia.com National Stock Exchange of India Ltd.: www.nseindia.com Multi segment 2022-04-01 2023-03-31 Audited Consolidated 83505920000.00 706170000.00 84212090000.00 0.00 0.00 0.00 60121660000.00 473400000.00 2718950000.00 8193010000.00 71507020000.00 12705070000.00 -296550000.00 12408520000.00 3111770000.00 85820000.00 3197590000.00 0.00 9210930000.00 0.00 0.00 0.00 0.00 9210930000.00 738250000.00 9949180000.00 9210930000.00 0.00 738250000.00 0.00 764250000.00 10 0.00 123.73 120.52 0.00 0.00 123.73 120.52 0.00 0.07 (Reversal) / Allowance for expected credit loss (net) -45960000.00 Advertisement, conference and sponsorship fees 32960000.00 Legal and professional fees 179490000.00 Miscellaneous expenses 163060000.00 Other Expenses 385220000.00 Purchase of software licenses 1362040000.00 Recruitment expenses 117390000.00 Rent 34620000.00 Training and seminars 26750000.00 Travelling and conveyance 339180000.00 (Reversal) / Allowance for expected credit loss (net) 3030000.00 Advertisement, conference and sponsorship fees 159780000.00 Legal and professional fees 926270000.00 Miscellaneous expenses 572820000.00 Other Expenses 1173560000.00 Purchase of software licenses 3411700000.00 Recruitment expenses 414850000.00 Rent 147450000.00 Training and seminars 123300000.00 Travelling and conveyance 1260250000.00 0.00 4859950000.00 161380000.00 0.00 7183710000.00 11369630000.00 0.00 0.00 0.00 4516000000.00 125540000.00 0.00 946160000.00 5587700000.00 1129290000.00 720780000.00 31012440000.00 0.00 1879660000.00 15704640000.00 4670120000.00 4362680000.00 0.00 4855610000.00 31472710000.00 451710000.00 3254590000.00 35179010000.00 0.00 0.00 66191450000.00 764250000.00 38886530000.00 39650780000.00 39650780000.00 2057590000.00 0.00 4481120000.00 6538710000.00 373030000.00 0.00 0.00 47860000.00 6959600000.00 2227510000.00 5689080000.00 4621090000.00 12537680000.00 2100010000.00 4649240000.00 294140000.00 0.00 19581070000.00 0.00 0.00 26540670000.00 66191450000.00 a. 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