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Persistent Systems Ltd

NSE: PERSISTENT · BSE: 533179 · Software & Services · 87 announcements

Persistent Systems Ltd news stories on ALFA NewsRead the news →
Share price
₹5,521.00
Market cap
₹86,569 Cr
Revenue (annual)
₹14,748 Cr
Net profit (annual)
₹1,865 Cr
P/E (TTM)
45.0×Sector 21.8×
Promoter holding
30.29%+0.00% QoQ
FII holding
20.79%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

17:12 IST NSE
Acquisition

Persistent Systems Acquisition Worth ₹6,682 Cr

Persistent Systems secured an 83.25% stake in Nagarro SE through a voluntary takeover offer and prior agreement. An additional acceptance period runs until October 6, 2026.

Value
₹6,682 Cr
12:35 IST NSE
Business Update

Persistent Systems Business Update

Persistent Systems earned the Databricks Brickbuilder Specialization for BFSI. The certification highlights its expertise in governed AI for financial services.

21:48 IST BSE
Management Change

Persistent Systems Management Change

Cdr. Jayant Shivaji Konde has resigned as Senior Vice President – Administration at Persistent Systems. The resignation is effective September 18, 2026.

14:16 IST NSE
Open Offer

Persistent Systems Open Offer

Persistent Systems confirmed the minimum acceptance condition for its Nagarro SE takeover offer was fulfilled on September 17, 2026. No monetary value is disclosed.

23:17 IST NSE
Annual General Meeting

Persistent Systems Annual General Meeting

Persistent Systems has called an EGM on October 5, 2026, to seek shareholder approval for raising up to USD 1,250 million via debt and securities issuance.

Value
₹11,875 Cr
12:19 IST BSE
Annual General Meeting

Persistent Systems Annual General Meeting

Persistent Systems Limited has issued a notice for an Extraordinary General Meeting (EGM) to be held on October 5, 2026, to discuss borrowing limits and security issuance.

22:15 IST BSE
Fund Raise

Persistent Systems Fund Raise of ₹11,875 Cr

Persistent Systems approved a fund-raising proposal of up to USD 1.25 billion (approx. ₹11,875 crore) through debt and equity instruments.

Value
₹11,875 Cr
23:52 IST BSE
Board Meeting Date

Persistent Systems Board Meeting Date

Persistent Systems has scheduled a board meeting for September 2, 2026, to consider a proposal for raising funds via debt or issuance of securities.

21:11 IST BSE
Other Announcement

Persistent Systems Other Announcement

Persistent Systems has received an 'Excellent' ESG rating of 71 from ESG Risk Assessment & Insights Limited for the fiscal year 2025-26.

21:13 IST BSE
Merger & Restructuring

Persistent Systems Merger & Restructuring

Persistent Systems shareholders approved the voluntary public takeover offer for Nagarro SE at the recent Annual General Meeting. Formal offer terms are pending regulatory approval.

20:44 IST NSE
Annual General Meeting

Persistent Systems Annual General Meeting

Persistent Systems held its 36th Annual General Meeting on August 3, 2026. Agenda items included financial adoption, dividend approval, director reappointments, and the Nagarro SE acquisition.

17:06 IST BSE
Other Announcement

Persistent Systems Other Announcement

Persistent Systems approved its audited financial statements for the quarter ended June 30, 2026. The documents are available on the company's website.

15:08 IST NSE
Results Update

Persistent Systems Results Update

Persistent Systems released Q1 FY27 results, reporting revenue of ₹4,303.23 crore. The company also achieved a record quarterly TCV of $1.15 billion.

18:59 IST BSE
Board Meeting Date

Persistent Systems Board Meeting Date

Persistent Systems will hold a Board Meeting on August 2, 2026. The board will consider audited financial results for the quarter ended June 30, 2026.

22:31 IST BSE
Annual General Meeting

Persistent Systems Annual General Meeting

Persistent Systems convened its 36th AGM for August 3, 2026. Key agenda items include acquiring Nagarro SE and approving a Rs. 16,534 Crore related party transaction.

Value
₹16,534 Cr
Execution
July 3, 2026 to January 2, 2028
08:04 IST NSE
Business Update

Persistent Systems Business Update

Persistent Systems submitted its Business Responsibility and Sustainability Report for FY 2025-26. The report detailing ESG performance is also part of the Annual Report.

07:52 IST NSE
Dividend

Persistent Systems Dividend

Persistent Systems announced a final dividend of Rs. 18 per share for FY26. The record date is set for July 27, 2026.

07:37 IST BSE
Annual Report

Persistent Systems Annual Report

Persistent Systems submitted its Annual Report for FY 2025-26. The company scheduled its 36th Annual General Meeting for August 3, 2026.

07:12 IST NSE
Annual General Meeting

Persistent Systems Annual General Meeting

Persistent Systems convened its 36th AGM for August 3, 2026. Agenda includes adopting financial statements, approving a Rs.18 final dividend, and reappointing directors.

22:01 IST BSE
Credit Rating

Persistent Systems Credit Rating

Persistent Systems' credit rating is placed on 'Rating Watch with Negative Implications' by ICRA. The action follows its proposed acquisition of Nagarro SE, raising concerns over future leverage.

19:41 IST NSE
New Order Win

Persistent Systems Bags ₹6,110 Cr Order

Persistent Systems secured a USD 650 million (Rs. 6,110 Crore) contract from a US tech leader. The 6.5-year agreement focuses on product development and cloud operations.

Value
₹6,110 Cr
Execution
6.5 years
00:25 IST BSE
Business Update

Persistent Systems Business Update

Persistent Systems has uploaded Investor FAQs to its website. This serves as a general operational update for shareholders.

17:58 IST NSE
Merger & Restructuring

Persistent Systems Merger & Restructuring Worth ₹1.45 Cr

Persistent Systems acquired 100% of Galaxy Germany Holding SE for EUR 135,000 (Rs. 1.45 Crore). The German entity will serve as a vehicle for European expansion.

Value
₹1.45 Cr
Execution
Immediate
17:39 IST NSE
Merger & Restructuring

Persistent Systems Merger & Restructuring Worth ₹2,251 Cr

Persistent Systems will acquire Nagarro SE for Rs. 2,250.59 Crore via its subsidiary. This strategic deal creates a $2.9 billion AI-led engineering powerhouse.

Value
₹2,251 Cr
Execution
Expected settlement in Q4 CY2026 / Q1 CY2027
04:50 IST BSE
New Order Win

Persistent Systems Bags ₹6,090 Cr Order

Persistent Systems signed a 6.5-year strategic agreement with a US tech leader. The contract is valued at ₹6,090 Crore.

Value
₹6,090 Cr
Execution
6.5 years