Persistent Systems Limited (PERSISTENT)
Updates
Persistent Systems secured 83.25% stake in Nagarro SE including 61.15% via takeover offer and 22.10% from prior agreement. Additional acceptance period from Sep 23 to Oct 6, 2026, allows remaining shareholders to tender shares at EUR 81 each. Persistent plans to delist Nagarro from Frankfurt Stock Exchange by end Q1 CY27. CEO Sandeep Kalra emphasized strategic logic and value for shareholders. Final share tender numbers to be disclosed post additional period.
Source: Original filing PDF
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🚨 PERSISTENT — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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