Fundraise / allotmentFiled on BSE ·

Persistent Systems approves issuance of NCDs and Commercial Paper for acquisition

Persistent Systems

What the filing says

  • Approved issuance of Non-Convertible Debentures (NCDs) up to ₹8,000 crore via private placement
  • Approved issuance of Commercial Paper (CP) up to ₹1,000 crore via private placement
  • Approvals followed Board resolution on Oct 15, 2026, post EGM on Oct 5, 2026, for acquisition of Nagarro SE

Original filing

Announcement under Regulation 30 (LODR)-Meeting Updates

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.