Persistent Systems Ltd (PERSISTENT) — Announcement | 22 September 2026 (4 announcements)

Persistent Systems announced it secured 83.25% of Nagarro SE shares through a voluntary public takeover offer, exceeding the 50%+1 threshold and triggering a mandatory two-week additional acceptance period from September 23 to October 6, 2026, to complete the acquisition and pursue delisting from the Frankfurt Stock Exchange.

Persistent Systems announced it secured 83.25% of Nagarro SE shares through a voluntary public takeover offer, exceeding the 50% threshold and triggering a two-week additional acceptance period until October 6, 2026. The company plans to pursue delisting of Nagarro from the Frankfurt Stock Exchange after closing, expected by end of Q1 CY27, subject to regulatory approvals.

Persistent Systems announced updated schedules for institutional investor meetings on September 24 and 25, 2026, including new one-on-one sessions with HDFC Mutual Fund and SBI Mutual Fund, while rescheduling a meeting with UTI Mutual Fund. The company reiterated information from its September 19 investor presentation, emphasizing no unpublished price-sensitive information will be shared during these sessions. The filings confirm ongoing engagement with key mutual fund clients ahead of the proposed Nagarro acquisition.

Persistent Systems announced the outcome of investor meetings held on September 22, 2026, reiterating details from its September 19 investor presentation. The company confirmed ongoing discussions regarding a proposed business combination with Nagarro, a European digital engineering firm, and shared updates on its AI-led growth strategy, financial performance, and client diversification. No new financial results or forward-looking guidance were disclosed during the sessions.