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Persistent Systems Launches Rs 4,265 Crore QIP at Discount

The board committee fixed the floor price at Rs 5,550 per share. Persistent Systems shares fell on Thursday.

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Its special committee of the board of directors fixes the floor price at Rs 5,550 per share, representing a 5.25 per cent discount to the stock’s closing price on WednesdayShares of Persistent Systems declined on Thursday, 22 October, after the information technology services company launched a qua…