Fundraise / allotmentFiled on BSE ·
Persistent Systems approves issuance of NCDs and Commercial Paper for acquisition
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) →Companies guiding to strong growth
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Revenue growth 40%+Margin up 2%+
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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.
