Persistent Systems Merger & Restructuring
Persistent Systems signed a Business Combination Agreement to acquire Nagarro. The combined AI-led digital engineering group targets a $2.9 billion revenue run-rate.
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Persistent Systems signed a Business Combination Agreement to acquire Nagarro. The combined AI-led digital engineering group targets a $2.9 billion revenue run-rate.
Persistent Systems established a German subsidiary and acquired 21% of Nagarro SE. The company also approved a voluntary takeover offer for the remaining shares.
Persistent Systems delivered a strong FY26 with $1,654.4M revenue, up 17.4% YoY. The strategy pivots to an AI-led, platform-driven model targeting enterprise modernization.
Persistent Systems reported strong FY26 performance with 17.4% USD revenue growth and an EBIT margin of 15.6%. Management is pivoting to an AI-led, platform-driven services strategy under its 'Sixth Orbit' growth phase.
Persistent Systems reported strong FY26 performance with $1.65B revenue, up 17.4% YoY. The strategy centers on an AI-led, platform-driven approach for digital engineering and enterprise modernization.
Persistent Systems' ESOP Trust plans to buy up to 40,000 shares in the open market by June 30, 2026. This supports employee stock option vesting and aligns with SEBI regulations.
Persistent Systems partners with San Francisco Unicorns as official Re(AI)magining™ partner. The tie‑up highlights AI expertise in sport, boosting brand visibility and client engagement.
Persistent Systems reported strong FY26 performance with 17.4% USD revenue growth and expanded margins, pivoting to an AI-led, platform-driven services strategy.
Persistent Systems reported strong FY26 performance with 17.4% USD revenue growth and AI-led strategy pivot. Declared ₹40/share total dividend, reflecting 24 quarters of sequential growth.
Persistent Systems reported strong FY26 performance with 17.4% USD revenue growth, driven by an AI-led, platform-driven strategy and record deal bookings.
Persistent Systems approved the merger of its wholly owned subsidiary, MediaAgility India, into itself. The move aims to achieve operational efficiency and entity rationalisation within the group.
Persistent Systems was ranked 13th in the Hurun India Impact 50 - 2026 list. This recognition highlights the company's strong ESG performance and sustainable business practices.
Persistent Systems approved transferring 100% of its UK subsidiary to Aepona Group Limited. This internal restructuring aims to improve group operational efficiency and entity rationalisation.
Persistent Systems approved the reappointment of four Independent Directors and authorized an internal subsidiary restructuring. The Board also approved merging its wholly-owned subsidiary, MediaAgility India, into itself.
Persistent delivered strong FY26 growth, hitting $1.65B revenue (+17.4% YoY) with 15.6% EBIT margins. Strategy pivots toward AI-led, platform-driven services under their 'Sixth Orbit' phase.
Persistent Systems reported strong FY26 performance with 17.4% USD revenue growth, driven by an AI-led, platform-driven strategy and expansion in Software, BFSI, and Healthcare segments.
Persistent Systems collaborated with Databricks and MSOE to strengthen its enterprise AI talent pipeline. The partnership focuses on hands-on AI engineering exposure and workforce readiness.
Persistent delivered strong FY26 performance with $1.65B revenue, up 17.4% YoY. Strategy pivots to AI-led, platform-driven engineering with 24 consecutive quarters of growth.
Persistent Systems reported strong FY26 performance with 17.4% USD revenue growth and ₹40 total dividend. Strategy pivots toward AI-led, platform-driven services.
Persistent Systems is expanding its European footprint by establishing delivery centers in Tallinn and Tartu, Estonia. The move adds 90 specialized professionals to advance AI-led platform transformation.
Persistent Systems submitted its Annual Secretarial Compliance Report for FY 2025-26. The report confirms overall regulatory adherence with satisfactory remedial actions for previous minor delays.
Persistent Systems' subsidiary will acquire a part of Estonia-based Concise Systems OU for ₹62.40 Crore. The deal strengthens strategic customer relationships and expands European nearshore presence.
Persistent Systems is acquiring a part of Concise Systems OÜ's business for ₹62.16 Crore. The deal expands its nearshore delivery presence in Eastern Europe.
Persistent Systems reported strong FY26 performance with $1.65B revenue, up 17.4% YoY, driven by an AI-led, platform-driven services strategy.
Persistent Systems cancelled its June 4, 2026, analyst session, rescheduling it for June 5. Management will reiterate existing quarterly information with no new price-sensitive data.
Persistent delivered strong FY26 performance with 17.4% USD revenue growth and 15.6% EBIT margin, driven by an AI-led, platform-driven services strategy.
Persistent Systems acquired 100% of PerSys Estonia OU for approximately ₹0.11 Crore. This acquisition strengthens the company's technology services presence across the European region.
Persistent Systems established a new Estonian subsidiary, PerSys Estonia OÜ, with ₹0.11 Crore share capital. The move expands the company's technology services footprint in Europe.
Persistent delivered strong FY26 performance with 17.4% USD revenue growth and ₹18.65B PAT. Strategy focuses on AI-led, platform-driven services with a record 24th sequential quarter of growth.
Persistent delivered $1,654.4M FY26 revenue (+17.4% YoY) with 15.6% EBIT margins. Strategy shifted to 'Sixth Orbit' focusing on AI-led, platform-driven services and enterprise modernization.