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110 announcements with these filters
Persistent Systems approved a fund-raising proposal of up to USD 1.25 billion (approx. ₹11,875 crore) through debt and equity instruments.
Persistent Systems has scheduled a board meeting for September 2, 2026, to consider a proposal for raising funds via debt or issuance of securities.
Persistent Systems has received an 'Excellent' ESG rating of 71 from ESG Risk Assessment & Insights Limited for the fiscal year 2025-26.
Persistent Systems reported Q1 FY27 revenue of $452.4M, up 16.1% YoY, with an EBIT margin of 16.0%. The company signed a major $650M TCV agreement and announced a business combination with Nagarro.
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 held its 36th Annual General Meeting on August 3, 2026. Agenda items included financial adoption, dividend approval, director reappointments, and the Nagarro SE acquisition.
Persistent Systems approved its audited financial statements for the quarter ended June 30, 2026. The documents are available on the company's website.
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.
Persistent reported Q1 FY27 revenue of $452.4M (up 16.1% YoY) with an EBIT margin of 16.0%. Management announced a strategic merger with Nagarro.
Persistent Systems Ltd reported revenue from operations of ₹4,303 Cr (+29.1% YoY) and net profit of ₹483 Cr (+13.7% YoY) for Q1 FY27.
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.
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.
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.
Persistent Systems announced a final dividend of Rs. 18 per share for FY26. The record date is set for July 27, 2026.
Persistent Systems submitted its Annual Report for FY 2025-26. The company scheduled its 36th Annual General Meeting for August 3, 2026.
Persistent Systems convened its 36th AGM for August 3, 2026. Agenda includes adopting financial statements, approving a Rs.18 final dividend, and reappointing directors.
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.
Persistent Systems announced a massive €1.27B acquisition of Nagarro to form a $2.9B+ AI-led digital engineering powerhouse and signed a $650M+ 6.5-year strategic deal with a US tech leader.
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.
Persistent Systems has uploaded Investor FAQs to its website. This serves as a general operational update for shareholders.
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 6.5-year strategic agreement with a US tech leader. The contract is valued at ₹6,090 Crore.
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.