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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
₹5,516.00
Market cap
₹86,491 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.

03:13 IST NSE
Merger & Restructuring

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.

02:53 IST BSE
Merger & Restructuring

Persistent Systems Merger & Restructuring Worth ₹1.38 Cr

Persistent Systems established a German subsidiary and acquired 21% of Nagarro SE. The company also approved a voluntary takeover offer for the remaining shares.

Value
₹1.38 Cr
Execution
Settlement expected in Q4 CY2026 / Q1 CY2027
15:35 IST BSE
Employee Stock Options

Persistent Systems Employee Stock Options

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.

12:35 IST NSE
Partnership

Persistent Systems Partnership

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.

19:02 IST NSE
Merger & Restructuring

Persistent Systems Merger & Restructuring

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.

12:30 IST BSE
Other Announcement

Persistent Systems Other Announcement

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.

20:35 IST BSE
Merger & Restructuring

Persistent Systems Merger & Restructuring

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.

20:06 IST BSE
Board Meeting Outcome

Persistent Systems Board Meeting Outcome

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.

12:33 IST BSE
Partnership

Persistent Systems Partnership

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.

12:00 IST BSE
Capacity Expansion

Persistent Systems Capacity Expansion

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.

15:50 IST BSE
Other Announcement

Persistent Systems Other Announcement

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.

15:43 IST NSE
Acquisition

Persistent Systems Acquisition Worth ₹62.4 Cr

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.

Value
₹62.40 Cr
Execution
4-8 weeks
14:37 IST BSE
Acquisition

Persistent Systems Acquisition Worth ₹62.16 Cr

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.

Value
₹62.16 Cr
Execution
4-8 weeks
19:56 IST BSE
Other Announcement

Persistent Systems Other Announcement

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.

21:21 IST NSE
Acquisition

Persistent Systems Acquisition Worth ₹0.11 Cr

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.

Value
₹0.11 Cr
Execution
Immediate
23:46 IST BSE
Merger & Restructuring

Persistent Systems Merger & Restructuring Worth ₹0.11 Cr

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.

Value
₹0.11 Cr
Execution
Immediate