Business Update Positive

2026-10-13 14:57

Persistent Systems has opened its third facility in Hyderabad at Phoenix Equinox in Gachibowli. - The new facility aims to strengthen AI deployment, payments modernization, cloud platforms, and operational resilience for BFSI clients. - The company currently has over 3,000 employees in Hyderabad across its existing and new offices.

Financials Negative

2026-10-09 20:37

CRITICAL RED FLAG DETECTED

- ICRA Limited assigned a credit rating of '[ICRA]AA+; Rating Watch with Negative Implications' to the proposed Non-Convertible Debentures (NCDs) amounting to ₹5,000 Crore. - The Issuer Rating of the company also continues to be '[ICRA]AA+; Rating Watch with Negative Implications'. - Date of rating letter: October 9, 2026.

Governance Negative

2026-10-09 19:27

CRITICAL RED FLAG DETECTED

- Dr. Rajesh Gharpure has resigned from the position of Chief Delivery Officer and Senior Management Personnel (SMP) of Persistent Systems Limited. - The resignation is due to personal reasons and will be effective from the closure of business hours on October 14, 2026. - The company confirmed that there are no other material reasons for his resignation.

Business Update Positive

2026-10-09 19:06

Persistent Systems has secured approximately 94.04% of Nagarro SE's share capital and voting rights through its subsidiary's takeover offer and prior agreements. - The company plans to initiate a squeeze-out of remaining minority shareholders of Nagarro upon closing. - The transaction is expected to close by the end of Q1 CY27, pending final regulatory approvals.

Business Update Positive

2026-10-09 17:41

- Persistent Systems secured an additional 1,335,114 shares (10.79% stake) in Nagarro SE during the additional acceptance period from September 23 to October 6, 2026. - Combined with previous acquisitions, the company has achieved an aggregate shareholding of approximately 94.04% in Nagarro SE (excluding treasury shares). - The offer is still subject to the fulfillment of certain outstanding conditions, and the settlement will occur once these conditions are met.

Routine Neutral

2026-10-08 17:22

- Persistent Systems Limited issued a corrigendum regarding an earlier letter dated September 30, 2026. - Clarified that the date of interaction with institutional investors was inadvertently mentioned as Tuesday, September 29, 2026. - The correct date of the interaction is Wednesday, September 30, 2026. - All other details from the original letter remain unchanged.

Business Update Neutral

2026-10-08 09:53

Concall Schedule Concall Date: Thursday, October 15, 2026 Concall Time: 5:00 PM IST

Routine Neutral

2026-10-06 21:58

- Persistent Systems Limited informed the exchanges about the amendment to Article 12(iii) of the Articles of Association. - The alteration was duly approved by the members of the company with the requisite majority. - The amended Article 12(iii) permits the further issue of shares to any persons authorized by a special resolution.

Governance Neutral

2026-10-06 21:38

- Persistent Systems Limited informed the stock exchanges regarding the voting results of the Extraordinary General Meeting (EGM) held on October 05, 2026. - The submission complies with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. - Details include votes cast through remote e-voting, e-voting during the EGM, and ballot papers based on the Scrutiniser’s Report dated October 6, 2026.

Governance Neutral

2026-10-06 20:03

- Persistent Systems Limited submitted the Scrutiniser’s Report for the Extraordinary General Meeting (EGM) held on October 5, 2026. - All resolutions placed before the EGM were duly passed with the requisite majority. - Approved resolutions include the alteration of the Articles of Association. - Approved an increase in the overall borrowing limit up to USD 1,250 million and creation of charge/mortgage for debt financing. - Approved the issuance of securities up to an aggregate amount of USD 450 million.

Governance Neutral

2026-10-05 19:23

- Persistent Systems Limited held its Extraordinary General Meeting (EGM) on October 5, 2026. - Key items transacted include alteration of Articles of Association, increasing borrowing limits up to USD 1,250 million, creation of charges on assets for debt financing, and issuance of securities up to USD 450 million.

Routine Neutral

2026-10-02 23:17

- Persistent Systems Limited has announced the allotment of 400,000 equity shares of face value INR 5 each to the PSPL ESOP Management Trust. - The shares were allotted at an allotment price of INR 5 per equity share, aggregating to a total consideration of INR 2,000,000. - The allotment was approved by the Stakeholders Relationship and ESG Committee on October 2, 2026.

Business Update Neutral

2026-09-30 19:25

Persistent Systems Limited informed the stock exchanges regarding the outcome of institutional investor sessions held on September 29, 2026. - The company interacted with various institutional investors including Millennium, Axis Max Life, Aditya Birla Sun Life Mutual Fund, and others in group and one-on-one meetings. - Management reiterated information from the Investor Presentation dated September 19, 2026, and confirmed no unpublished price-sensitive information was shared.

Business Update Neutral

2026-09-29 19:11

Concall Schedule Concall Date: September 30, 2026 Concall Time: 9:00 AM

Business Update Neutral

2026-09-29 18:53

- Persistent Systems Limited informed the exchanges about the outcome of investor sessions held on September 29, 2026. - The company interacted with institutional investors including HSBC Global Asset Management, Capital Research, Norges Bank, Kotak Offshore, and Schroder Investment Management in one-on-one, in-person meetings. - Management reiterated information from the Investor Presentation submitted earlier on September 19, 2026. - Confirmed that no unpublished price-sensitive information was shared or discussed during the sessions.

Business Update Neutral

2026-09-28 19:48

Persistent Systems Limited informed the exchanges about investor sessions held on September 28, 2026, where the company interacted with institutional investors including Wellington Management, White Oak Capital Partners, Allianz Global Investors, Manulife Asset Management, and T. Rowe Price. - The management reiterated the details from the investor presentation submitted earlier on September 19, 2026, focusing on their AI-led digital engineering strategy, historical growth, and recent business combination updates.

Business Update Neutral

2026-09-25 19:40

Concall Schedule Concall Date: September 30, 2026 Concall Time: 10:30 AM onwards - Persistent Systems Limited scheduled institutional investor meetings on September 30, 2026, including interactions with Axis Max Life, Aditya Birla Sun Life Mutual Fund, Abakkus, Carnelian, and Canara Robeco Mutual Fund. - The company will reiterate information from its investor presentation dated September 19, 2026, with no unpublished price-sensitive information to be discussed.

Routine Neutral

2026-09-25 19:11

Persistent Systems Limited informed the exchange about the rescheduling of institutional investor meetings (one-on-one) with Capital Research and Kotak Offshore scheduled for Tuesday, September 29, 2026. - The company shared its updated investor presentation dated September 2026 detailing its AI-led strategy, growth vectors, and financial trajectory.

Business Update Neutral

2026-09-25 18:44

- Persistent Systems Limited informed the exchanges about its investor sessions held on September 25, 2026, interacting with institutional investors including SBI Mutual Fund, UTI Mutual Fund, Edelweiss Mutual Fund, HSBC Mutual Fund, and ICICI Prudential Mutual Fund. - The company reiterated information from its previously submitted Investor Presentation dated September 19, 2026. - Management confirmed that no unpublished price-sensitive information was shared or discussed during the sessions.

Business Update Neutral

2026-09-24 20:08

Persistent Systems reported investor interaction sessions held on September 24, 2026, with institutional investors including Motilal Oswal, 360 One, Axis, HDFC, and Aditya Birla Sun Life Mutual Fund, while noting the cancellation of the session with Canara Robeco Mutual Fund. Management reiterated information from the September 19, 2026 investor presentation without disclosing any unpublished price-sensitive information.

Business Update Neutral

2026-09-24 19:57

- Persistent Systems Limited has scheduled an institutional investor interaction with Norges Bank Investment Management on Tuesday, September 29, 2026. - The company will reiterate the information contained in the Investor Presentation submitted to stock exchanges on September 19, 2026. - No unpublished price sensitive information is proposed to be shared or discussed during the session.

Business Update Positive

2026-09-23 19:45

- Persistent Systems Limited held investor sessions with institutional investors, including Goldman Sachs Asset Management, Tata AIA Life Insurance, HDFC Life Insurance, Nippon Mutual Fund, Fidelity International, and Invesco Mutual Fund, on September 23, 2026. - The company reiterated information from its Investor Presentation, confirming no unpublished price sensitive information was shared during these sessions. - Key financial highlights from the Investor Presentation (FY27 Q1): - Revenue: $452.4M (▲16.1% YoY) - EBIT Margin: 16.0% (▲32.7% YoY) - PAT Margin: 11.2% (▲13.7% YoY) - Trailing Twelve Months (TTM) Revenue as of June 30, 2026, was $1,717.1M (▲16.8% YoY). - Strategic outlook includes a pivot to AI-led, platform-driven services and a signed Business Combination Agreement with Nagarro. - The company demonstrated a strong long-term growth trajectory with a 17.3% Revenue CAGR from IPO to FY26 and a 23.9% 5-Year Revenue CAGR (FY21-FY26).

Business Update Positive

2026-09-23 18:46

- Persistent Systems announced an additional investor session with HSBC Mutual Fund on Friday, September 25, 2026, at 12:00 PM IST. - The company will reiterate information from its Investor Presentation (September 2026); no unpublished price sensitive information will be shared. - Key highlights from the Investor Presentation: - Q1 FY27 Revenue: $452.4M (▲16.1% YoY). - Q1 FY27 EBIT Margin: 16.0% (▲32.7% YoY). - Q1 FY27 PAT Margin: 11.2% (▲13.7% YoY). - Trailing Twelve Months (TTM) Revenue as of June 30, 2026: $1,717.1M (▲16.8% YoY).

Business Update Positive

2026-09-23 17:11

- Persistent Systems Limited has scheduled investor sessions with institutional investors (in-person). - Sessions will be held on Monday, September 28, 2026, and Tuesday, September 29, 2026. - Accompanying investor presentation highlights: - FY27 Q1 Revenue $452.4M (▲16.1% YoY) - FY27 Q1 EBIT Margin 16.0% (▲32.7% YoY) - FY27 Q1 PAT Margin 11.2% (▲13.7% YoY) - TTM Revenue (as of June 30, 2026) $1,717.1M (▲16.8% YoY) - No unpublished price sensitive information will be shared during these sessions.

Financials Positive

2026-09-22 19:56

- Q1 FY27 Revenue $452.4M vs $389.66M (▲16.1% YoY) - EBIT $72.38M vs $47.00M (▲54.0% YoY) - PAT $50.67M vs $38.39M (▲32.0% YoY) - EBIT Margin 16.0% vs 12.06% (▲394bps)

Business Update Positive

2026-09-22 17:26

- Persistent Systems successfully secured an 83.25% stake in Nagarro SE through a voluntary public takeover offer, exceeding the minimum threshold. - An additional acceptance period is from September 23 to October 6, 2026, for shareholders to tender shares at EUR 81.00 each. - Persistent intends to delist Nagarro shares, with transaction closing by Q1 CY27.

Business Update Positive

2026-09-22 17:15

- Persistent Systems secured 83.25% of Nagarro SE through a Voluntary Public Takeover Offer, exceeding the minimum threshold. - An additional acceptance period for shares (EUR 81.00 per share) runs from September 23 to October 6, 2026. - Persistent plans to delist Nagarro; transaction closing expected by Q1 CY27.

Business Update Positive

2026-09-21 23:50

- Persistent Systems held investor sessions with key institutional investors on September 21, 2026. - The company reiterated its Investor Presentation, reporting Q1 FY27 revenue of $452.4M (▲16.1% YoY) and TTM revenue of $1,717.1M (▲16.8% YoY). - No unpublished price sensitive information was shared during these sessions.

Business Update Positive

2026-09-21 12:37

- Persistent Systems has achieved the Databricks Brickbuilder Specialization for Banking, Financial Services and Insurance (BFSI). - This specialization reflects Persistent's industry expertise and experience in delivering solutions on the Databricks Data Intelligence Platform. - It enhances the company's ability to help financial institutions advance governed AI for improved risk, fraud, and customer decisions. - Persistent is a Global Systems Integrator partner for Databricks at the Silver Tier.

Business Update Positive

2026-09-19 22:39

- Persistent Systems Limited shared an Investor Presentation dated September 19, 2026. - Highlights Q1 FY27: Revenue $452.4M (▲16.1% YoY), EBIT Margin 16.0% (▲32.7% YoY). - Strategic focus includes AI-led services and a business combination with Nagarro.

Governance Negative

2026-09-18 21:54

CRITICAL RED FLAG DETECTED

- Cdr. Jayant Shivaji Konde (IN Veteran) has resigned from the position of Senior Vice President - Administration and Senior Management Personnel (SMP). - The resignation is effective from the closure of business hours on September 18, 2026. - The reason cited for the resignation is personal, with no other material reason.

Business Update Neutral

2026-09-18 21:18

- Investor sessions scheduled with institutional investors. - Sessions to be held from Wednesday, September 23, 2026, to Friday, September 25, 2026. - Meetings are one-on-one with various institutional investors. - No unpublished price sensitive information will be shared.

Business Update Positive

2026-09-18 14:18

- Persistent Systems Limited announced that the minimum acceptance threshold condition for its Public Takeover Offer to Nagarro SE shareholders was fulfilled as of September 17, 2026.

Business Update Neutral

2026-09-17 22:03

- Concall Schedule - Concall Date: September 22, 2026 - Concall Details: Persistent Systems Limited will hold one-on-one investor sessions with six institutional investors (including DSP Mutual Fund, Bandhan Mutual Fund, SBI Pension Funds, Mirae Mutual Fund, Kotak Mutual Fund, and Baroda BNP Paribas Mutual Fund). No unpublished price sensitive information will be shared during these sessions.

Business Update Neutral

2026-09-16 22:21

- Investor Sessions Schedule - Date: Monday, September 21, 2026 - Time: Multiple one-on-one sessions with investors from 11:30 AM to 6:15 PM IST. - Participants include Ashmore Investment, LIC MF, Franklin Templeton MF, and Hudson Bay. - No unpublished price sensitive information will be shared during these sessions.

Governance Positive

2026-09-12 12:23

- Persistent Systems Limited will hold an EGM on October 5, 2026, at 1600 Hrs. (IST) to approve altering Articles of Association, increasing borrowing limit up to USD 1,250 million, creating charge for debt financing, and issuing securities up to USD 450 million.

Governance Positive

2026-09-02 22:26

- Board of Directors approved proposals at its meeting on September 2, 2026. - Approved fundraising up to USD 1,250 million through a combination of long-term debt financing (ECB, NCDs) and issuance of securities (equity shares, FCCB, QIP). - Also approved alteration of the Articles of Association for 'Further Issue of Shares'. - An Extra-Ordinary General Meeting will be convened for shareholder approval.

Governance Positive

2026-09-02 22:21

- Board approved altering Articles of Association for share issuance. - Approved long-term debt financing up to USD 1,250 million. - Approved fund-raising via securities (equity, QIP, etc.) up to USD 450 million. - Combined financing options will not exceed USD 1,250 million. - Proposals require member and regulatory approvals; an EGM will be convened.

Business Update Positive

2026-09-01 20:23

- Persistent Systems Limited received an ESG rating of '77' (Leadership category) and a Crisil Core ESG rating of '84' from Crisil ESG Ratings & Analytics Limited, based on FY25-26 disclosures.

Business Update Neutral

2026-09-01 20:10

- Investor/Analyst session with Millennium Management, UAE, scheduled for September 1, 2026, has been cancelled.

Business Update Positive

2026-08-31 23:04

- Persistent Systems received a voluntary ESG Rating Report from SES ESG Research Private Limited for FY 2025-26. - The company was assigned an 'A' rating with an ESG Score of 83.3.

Business Update Neutral

2026-08-26 20:07

- Concall Schedule - Concall Date: September 1, 2026 - Concall Time: 11:30 AM IST

Business Update Positive

2026-08-25 21:16

- Persistent Systems Limited received an 'Excellent' ESG rating for FY 2025-26 with a score of 71. - The rating was voluntarily issued by M/s. ESG Risk Assessment & Insights Limited, a SEBI-registered Category-I ESG Rating Provider.

Business Update Neutral

2026-08-24 19:06

- Persistent Systems Limited held an investor/analyst session with MFS International, Singapore on August 24, 2026. - The company reiterated information from its earnings call for the quarter ended June 30, 2026 (Q1 FY27). - No unpublished price-sensitive information was shared. - A web-link to the Analyst Presentation and Fact Sheet - Q1 FY27 was provided.

Business Update Neutral

2026-08-20 16:39

- Persistent Systems Limited held an investor/analyst session with Premji Invest on August 20, 2026. - The company reiterated information from its Q1 FY27 earnings call, with no new price-sensitive information shared.

Business Update Neutral

2026-08-18 19:33

- Outcome of investor/analyst session with Creagis on August 18, 2026. - Information from Q1 FY27 earnings call (for quarter ended June 30, 2026) was reiterated. - No unpublished price-sensitive information was shared. - Weblink to Analyst Presentation and Fact Sheet - Q1 FY27 provided.

Business Update Neutral

2026-08-17 19:08

- Investor/Analyst Sessions Scheduled - Premji Invest: Thursday, August 20, 2026, 11:30 AM IST (Virtual One-on-One) - MFS International, Singapore: Monday, August 24, 2026, 11:30 AM IST (Virtual One-on-One) - No unpublished price-sensitive information will be shared; discussions will reiterate information from the Q1 FY27 earnings call.

Business Update Neutral

2026-08-14 20:06

- Persistent Systems Limited held an investor/analyst session with Carnegie Fonder on August 14, 2026, at 6:30 PM IST. - The company reiterated information previously shared during its earnings call for the quarter ended June 30, 2026 (Q1 FY27), and no unpublished price-sensitive information was shared.

Business Update Neutral

2026-08-11 18:37

- Investor/Analyst Sessions Scheduled: - Carnegie Fonder: Friday, August 14, 2026, 6:30 PM IST (Virtual, One-on-One). - Creagis: Tuesday, August 18, 2026, 12:00 PM IST (Virtual, One-on-One). - The company will reiterate information from the Q1 FY27 earnings call. - No unpublished price-sensitive information will be shared.

Business Update Positive

2026-08-06 18:32

- Persistent Systems, through its wholly-owned subsidiary, has published a Voluntary Public Takeover Offer for all outstanding shares of Nagarro SE. - The cash offer is EUR 81.00 per Nagarro share, representing a ~140% premium over the closing price on June 25, 2026. - The acceptance period runs from August 6, 2026, to September 17, 2026, with an additional acceptance period until October 6, 2026. - The offer is supported by Nagarro's Management and Supervisory Board and requires a minimum acceptance threshold of 50% plus one share. - The transaction is expected to close by the end of Q1 CY27, subject to regulatory approvals.

Business Update Neutral

2026-08-05 20:18

- Persistent Systems Limited conducted a Non-Deal Roadshow on August 5, 2026. - The company interacted in one-on-one sessions with investors including UTI Mutual Fund, Motilal Oswal Mutual Fund, Tata Mutual Fund, Axis Mutual Fund, Invesco Mutual Fund, and Mirae Mutual Fund. - The company reiterated information from the earnings call for Q1 FY27 (June 30, 2026) and shared no additional information.

Governance Positive

2026-08-05 00:12

- Announcement of voting results for the 36th Annual General Meeting (AGM) held on August 3, 2026. - All resolutions placed before the members were passed with overwhelming majority. - Resolutions include adoption of Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026. - Approval for payment of Interim Dividend of INR 22 and Final Dividend of INR 18 per equity share, aggregating to INR 40 per equity share for FY2025-26.

Business Update Neutral

2026-08-04 21:47

- Persistent Systems held a Non-Deal Roadshow on August 4, 2026. - Interacted with investors including ICICI Prudential, Goldman Sachs, Mahindra Manulife, and Kotak Mutual Fund. - The company reiterated information from its Q1 FY27 earnings call and presentation, with no additional details shared.

Business Update Positive

2026-08-04 21:19

- Persistent Systems shareholders approved the proposed acquisition of Nagarro SE through its subsidiary, Galaxy Germany Holding SE, at the Annual General Meeting held on August 3, 2026. - The approval also covers related financing arrangements and corporate guarantee, aiming to create a globally diversified AI-led digital engineering and enterprise modernization powerhouse.

Governance Positive

2026-08-04 20:56

- Scrutinisers' Report for the 36th Annual General Meeting (AGM) held on August 3, 2026, confirms all resolutions were duly passed by the shareholders. - Resolutions included the adoption of Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026. - Shareholders approved a total dividend of INR 40 per equity share for FY2025-26 (Interim: INR 22, Final: INR 18). - The reappointment of Dr. Anand Deshpande as Chairman and Managing Director, and four Independent Directors, was approved. - The acquisition of Nagarro SE through Galaxy Germany Holding SE and related financial approvals were also passed.

Governance Positive

2026-08-03 20:45

- The 36th Annual General Meeting (AGM) was held on August 3, 2026. - Shareholders approved audited financial statements for FY 2025-26 and a total dividend of INR 40 per equity share. - Reappointments of the Chairman & Managing Director and four Independent Directors were approved. - The acquisition of Nagarro SE through a wholly-owned subsidiary and related financing were approved.

Financials Neutral

2026-08-02 17:19

- The Board of Directors of Persistent Systems Limited approved the Audited Financial Statements for the quarter ended June 30, 2026, at its meeting held on August 2, 2026. - Consolidated and Standalone financial results are available on the company's website.

Financials Positive

2026-08-02 15:08

- Consolidated Revenue ₹4,303.2 Cr vs ₹3,333.3 Cr (▲29.1% YoY) - EBIT ₹686.9 Cr vs ₹517.6 Cr (▲32.7% YoY) - PAT ₹483.0 Cr vs ₹424.8 Cr (▲13.7% YoY) - EBIT Margin 16.0% vs 15.5% (▲50bps)

Financials Positive

2026-08-02 14:43

- Consolidated Revenue ₹4,303.23 Cr vs ₹3,333.59 Cr (▲29.08% YoY) - EBITDA ₹696.90 Cr vs ₹611.59 Cr (▲13.95% YoY) - PAT ₹483.04 Cr vs ₹424.94 Cr (▲13.67% YoY) - EBITDA Margin 16.19% vs 18.35% (▼216bps) - The Board approved the proposed acquisition of up to 100% of Nagarro SE, a global digital engineering and IT consulting company, at EUR 81 per share, to strengthen its European footprint and enhance scale.

Routine Neutral

2026-07-30 22:48

New Filing detected. See link for details.

Routine Neutral

2026-07-11 08:05

- Persistent Systems Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26. - This submission is in compliance with SEBI (LODR) Regulations and the report is available on the company's website.

Financials Positive

2026-07-11 07:53

- The Board has recommended a Final Dividend of INR 18 per Equity Share (face value INR 5 each) for the Financial Year 2025-26. - The Record Date for the dividend and the 36th Annual General Meeting (AGM) is Monday, July 27, 2026. - The 36th AGM is scheduled for Monday, August 3, 2026, where the dividend will be subject to approval.

Governance Positive

2026-07-11 07:14

- The 36th Annual General Meeting (AGM) will be held on Monday, August 3, 2026, at 1600 Hrs (IST) in hybrid mode. - Shareholders will consider and adopt financial statements for FY 2025-26. - Approval is sought for a total dividend of INR 40 per equity share (Interim INR 22 + Final INR 18) for FY 2025-26. - Reappointment of Chairman & Managing Director Dr. Anand Deshpande and four Independent Directors is proposed. - Approval sought for the acquisition of Nagarro SE (up to ~EUR 1.05 Billion) and related financing arrangements (up to ~EUR 1.54 Billion).

Business Update Negative

2026-07-07 22:08

CRITICAL RED FLAG DETECTED

- ICRA Limited has placed Persistent Systems Limited's (PSL) [ICRA]AA+ credit rating on 'Rating Watch with Negative Implications'. - This action follows PSL's announcement of a proposed debt-funded acquisition of Nagarro SE. - The acquisition is expected to materially increase PSL's consolidated leverage and weaken its financial risk profile in the medium term.

Business Update Neutral

2026-07-06 19:47

- Persistent Systems Limited held investor/analyst sessions on July 6, 2026, with investors including GIC Pvt. Ltd., Capital Group, Nomura Asset Management, and others. - The sessions reiterated information regarding the Persistent and Nagarro Business Combination Agreement. - No unpublished price sensitive information or Q1FY27 financial results were shared.

Business Update Positive

2026-07-03 12:14

- Acquisition of Nagarro announced for an enterprise value of €1.27 billion (€81 per share in cash), financed by €1.4 billion bridge financing. Expected to be Cash and Reported EPS accretive from Year 1 (excluding transaction expenses). - Strategic rationale: expand European footprint, add complementary AI, ERP, and CX capabilities, diversify verticals, and achieve global scale (46,000+ team, $2.9B+ combined entity). - Persistent also secured a new order worth approx. $650 million+ over 6.5 years ($125 million+ annually) from an existing global technology leader, accretive to revenue and margin from Q2 onwards.

Business Update Neutral

2026-07-02 20:29

- Persistent Systems Limited has scheduled investor/analyst sessions for Monday, July 6, 2026. - The sessions will be held in-person with various investors, including GIC Pvt. Ltd., Capital Group, Nomura Asset Management, Kotak Mahindra Asset Management, Templeton Emerging Markets, Whiteoak Capital, and a group session with firms like Balyasny Asset Management and Citadel Advisors. - The purpose of these sessions is to reiterate information regarding the recent strategic announcement titled 'Persistent and Nagarro sign Business Combination Agreement'. - No unpublished price sensitive information or Q1FY27 financial results will be shared during these sessions.

Business Update Positive

2026-07-02 20:22

- Persistent Systems held investor/analyst sessions on July 2, 2026, with various investors including ICICI Prudential, Mirae Asset, Axis Mutual Fund, and others. - The sessions reiterated information about the Business Combination Agreement to form the Persistent - Nagarro Group. - No unpublished price sensitive information or Q1FY27 financial results were shared.

Business Update Neutral

2026-07-01 23:32

- Concall Schedule - Concall Date: July 2, 2026 - Concall Time: 8:00 AM IST - Details: One-on-one (in-person) session with ICICI Prudential Mutual Fund to reiterate information regarding the Persistent and Nagarro Business Combination Agreement.

Business Update Neutral

2026-07-01 23:20

- Persistent Systems held investor/analyst sessions on July 1, 2026, with various investors. - The sessions reiterated information about the business combination agreement with Nagarro to form the 'Persistent - Nagarro Group', a global leader in AI-led digital engineering. - No unpublished price sensitive information (UPSI) was shared.

Business Update Positive

2026-07-01 18:25

- Persistent Systems Limited announced that customary closing conditions for the acquisition of part of the business of M/s. Concise Systems OÜ, Estonia, have been met on July 1, 2026.

Routine Neutral

2026-07-01 13:52

- Trading window for dealing in company shares closed from July 1, 2026. - It will remain closed until 48 hours after financial results for the quarter ended June 30, 2026, are declared.

Business Update Positive

2026-06-30 23:15

- Investor/Analyst session held on June 30, 2026, with Kotak Mahindra Mutual Fund. - The session reiterated information regarding the strategic Business Combination Agreement between Persistent and Nagarro. - No unpublished price sensitive information was shared.

Business Update Positive

2026-06-30 15:57

- Persistent Systems Limited scheduled investor/analyst sessions from June 30 to July 2, 2026, in Mumbai. - Meetings will reiterate details on the Persistent and Nagarro Business Combination Agreement. - No UPSI or Q1FY27 financial results will be discussed.

Business Update Neutral

2026-06-29 00:23

- Persistent Systems Limited has uploaded Investor FAQs on its website as an update to their previous letter dated June 28, 2026. - The FAQs are available at Persistent-Nagarro-Investor-FAQ.pdf.

Business Update Positive

2026-06-28 19:21

- Persistent announced a strategic long-term agreement with a global tech leader, securing a Net New Deal with Annual Contract Value (ACV) of $125M+ and Total Contract Value (TCV) of $650M+ over 6.5 years. - The company is forming the 'Persistent – Nagarro Group' through a voluntary public takeover offer for Nagarro at EUR 81 per share, creating a ~$2.9B AI-led engineering powerhouse. - The transaction is expected to be cash EPS accretive in the first year, with closing anticipated for Q4 CY26/Q1 CY27.

Business Update Positive

2026-06-27 19:40

- Concall Schedule - Concall Date: Sunday, June 28, 2026 - Concall Time: 11:30 AM IST

Business Update Positive

2026-06-27 04:52

- Order Win: Persistent Systems Limited entered into a long-term strategic services agreement with a global technology leader headquartered in the United States (client name undisclosed due to confidentiality). - Order Value: Total Contract Value USD 650M+; Annual Contract Value USD 125M+. - Completion Timeline: 6.5 years. - Scope: Product development, product support, and cloud services operations and support, expanding presence across North America, Europe, and Asia Pacific.

Business Update Positive

2026-06-27 03:14

- Persistent Systems announced a Business Combination Agreement to form the 'Persistent - Nagarro Group', a global leader in AI-led digital engineering. - Persistent will launch a voluntary public takeover offer for all outstanding Nagarro shares at EUR 81 per share. - The all-cash offer represents a premium of ~140% to the undisturbed closing price on June 25, 2026. - The combined entity is projected to be a ~USD 2.9 billion AI-led engineering powerhouse with 46,000+ employees across 40+ countries. - The transaction is expected to be cash EPS accretive for Persistent shareholders in the first year.

Business Update Positive

2026-06-27 03:11

- Persistent Systems Limited established Galaxy Germany Holding SE (BidCo) as a wholly-owned subsidiary in Germany, acquiring 100% stake for EUR 135,000, to serve as a strategic vehicle for potential M&A in Europe. - The company acquired a 21% shareholding in Nagarro SE, a listed German digital engineering entity, for EUR 81.00 per share, through BidCo. - The Board also approved the proposed acquisition of 100% of Nagarro SE via a Voluntary Public Takeover Offer through BidCo. Nagarro SE has ~18,500 employees and EUR 1 billion revenue (CY25). - This acquisition aims to strengthen Persistent's European footprint and create a ~USD 2.9 billion AI-led engineering powerhouse. - Persistent approved providing a corporate guarantee of up to EUR 1,540,000,000 to Barclays Bank PLC for a EUR 1,400,000,000 bridge financing facility to fund the takeover offer and share purchase.

Business Update Positive

2026-06-27 03:01

- Persistent Systems established Galaxy Germany Holding SE (BidCo) as a wholly-owned subsidiary for European M&A. - Through BidCo, Persistent will acquire a 21% shareholding in Nagarro SE, a German-listed digital engineering company with ~EUR 1 billion (CY25) revenue, for cash consideration of EUR 81.00 per share. - The Board approved a Voluntary Public Takeover Offer for 100% of Nagarro SE, aiming to expand European footprint and create a ~USD 2.9 billion AI-led engineering powerhouse. - Persistent will provide a corporate guarantee of up to EUR 1,540,000,000 for a EUR 1,400,000,000 bridge financing facility from Barclays Bank PLC to fund the acquisitions.

Routine Neutral

2026-06-27 02:58

New Filing detected. See link for details.

Business Update Neutral

2026-06-23 19:49

- Persistent Systems held investor/analyst sessions with Eternalis Capital Trust and Polar Capital on June 23, 2026. - During these virtual one-on-one sessions, the company reiterated information shared during its Q4FY26 earnings call and shared no new additional information.

Business Update Neutral

2026-06-22 21:38

- Persistent Systems held investor/analyst sessions on June 22, 2026, with various investors including Schonfeld Strategic Advisors, Banyan Tree Partners, Millennium Management, and Axis Max Life Insurance. - The company reiterated information shared during the Q4FY26 earnings call; no additional information was disclosed.

Business Update Neutral

2026-06-22 17:26

- Investor/analyst session with Axis Max Life Insurance originally scheduled for June 22, 2026, 12:30 PM IST, has been rescheduled to June 22, 2026, 08:30 PM IST (virtual mode). - The company will reiterate Q4FY26 earnings call information; no new price-sensitive information will be shared.

Business Update Positive

2026-06-19 12:33

- Persistent Systems won the CII Award for Excellence in Disability Inclusion 2026 in the 'Best Employer – Physical Accessibility' category. - The award recognizes the company's efforts in embedding accessibility across workplaces, digital platforms, and talent programs.

Business Update Neutral

2026-06-17 21:54

- Persistent Systems Limited scheduled investor/analyst sessions on June 22 and 23, 2026. - Virtual one-on-one meetings are planned with Axis Max Life Insurance, Eternalis Capital Trust, and Polar Capital. - The company will reiterate information from the Q4FY26 earnings call; no new unpublished price-sensitive information will be shared.

Business Update Neutral

2026-06-17 18:50

- Persistent Systems Limited interacted with Moon Capital on June 17, 2026 (virtual mode). - The company reiterated information previously shared during its Q4FY26 earnings call; no additional information was disclosed.

Business Update Positive

2026-06-17 11:39

- Persistent Systems celebrates 10 years of growth in Mexico, strengthening its nearshore capabilities. - The Mexico operations serve as a strategic engineering hub, supporting AI-enabled engineering, cloud modernization, and enterprise transformation across the Americas.

Business Update Neutral

2026-06-16 20:29

- Investor/Analyst sessions scheduled for Monday, June 22, 2026. - Two virtual one-on-one sessions are planned with Schonfeld Strategic Advisors at 11:00 AM IST and Millennium Management, UAE at 02:30 PM IST. - The company will reiterate information communicated during the Q4 FY26 earnings call; no unpublished price-sensitive information will be shared.

Ownership Neutral

2026-06-15 15:38

- ESOP Trust acquired 107,874 shares from May 15 - June 11, 2026. - It plans to acquire up to 40,000 additional shares from the secondary market by Q1FY27 (before June 30, 2026). - This is to meet vesting commitments for employees. Purchase begins week of June 15, 2026.

Business Update Positive

2026-06-15 12:36

- Persistent Systems announced a partnership with San Francisco Unicorns for the 2026 Major League Cricket season. - Persistent will serve as the Official Re(AI)magining™ Partner, focusing on AI and data-led innovation to enhance performance, strategy, and fan engagement in high-performance sport.

Business Update Neutral

2026-06-11 19:48

- Investor/Analyst Sessions Scheduled - Moon Capital: June 17, 2026, 11:30 AM IST (Virtual) - Banyan Tree Partners: June 22, 2026, 01:00 PM IST (Physical) - The company will reiterate information from the Q4FY26 earnings call; no unpublished price-sensitive information will be shared.

Business Update Neutral

2026-06-10 20:19

- Persistent Systems Limited held an investor/analyst session with FSSA Investment Managers on June 10, 2026. - The company reiterated information shared during the earnings call for Q4 FY26 on April 21, 2026. - No additional information was shared during this session.

Routine Neutral

2026-06-09 20:39

New Filing detected. See link for details.

Business Update Positive

2026-06-09 12:33

- Persistent Systems recognized among India's most impactful companies in the Perpetual Capital Hurun India Impact 50 – 2026, ranking 13th overall. - Ranked #1 in achieving carbon neutrality by 2024 (ahead of 2030 target). - Earned leading positions in various sustainability dimensions, including SDG 3, SDG 13, waste-recycling, and gender equality.

Business Update Positive

2026-06-08 20:46

- Board approved the merger of MediaAgility India Private Limited (Wholly Owned Subsidiary) into Persistent Systems Limited on June 8, 2026. - The merger is for internal restructuring, aiming for entity rationalisation and operational efficiency. - MediaAgility had a turnover of INR 365.55 million as of March 31, 2026.

Business Update Neutral

2026-06-08 20:30

- On June 8, 2026, the Board approved the transfer of 100% shareholding of Persistent Systems UK Limited from Persistent Systems Limited (India) to Aepona Group Limited (Ireland). - This internal restructuring aims for entity rationalisation and operational efficiency within the group. - Persistent Systems UK Limited will become a Wholly Owned Subsidiary of Aepona Group Limited, Ireland.

Governance Neutral

2026-06-08 20:23

- Board approved the reappointment of Ms. Avani Davda as an Independent Director for a second term (Dec 28, 2026 – Dec 27, 2031). - Mr. Arvind Goel's reappointment for a second term (Jun 7, 2027 – Jun 6, 2032). - Dr. Ambuj Goyal's reappointment for a second term (Jun 7, 2027 – Oct 31, 2031). - Mr. Dan'l Lewin's reappointment for a second term (Jun 10, 2027 – Apr 30, 2029). - All reappointments are subject to shareholder approval at the 36th AGM.

Governance Neutral

2026-06-08 20:10

- Board of Directors approved the reappointment of four Independent Directors: Ms. Avani Davda (5 years from Dec 28, 2026), Mr. Arvind Goel (5 years from June 7, 2027), Dr. Ambuj Goyal (till Oct 31, 2031), and Mr. Dan'l Lewin (till Apr 30, 2029). These are subject to shareholder approval at the 36th AGM. - Approved the transfer of 100% shareholding of Persistent Systems UK Limited to Aepona Group Limited, Ireland for entity rationalisation and operational efficiency. - Approved the merger of MediaAgility India Private Limited (Wholly Owned Subsidiary) into Persistent Systems Limited for operational efficiency. - Approved the Annual Report for FY 2025-26.

PERSISTENT

Persistent Systems Limited

Price Chart

Filing History

Unlock Full History