ALFA Filings
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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.
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.
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.
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 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 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 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 Systems received NCLT approval for the merger of its wholly-owned subsidiary, Arrka Infosec. The consolidation aims to simplify corporate structure and achieve operational synergies.
Persistent Systems Limited announced that the Hon'ble NCLT Mumbai has sanctioned the merger of its wholly-owned subsidiary, Arrka Infosec Private Limited, into itself. The official notification was received via email on April 21, 2026. This absorption-based merger aims to consolidate operations within the group.