Persistent Systems sends 36th AGM notice seeking approval for Nagarro SE acquisition
Persistent Systems · IT - Software
Key highlights
- 36th AGM on August 3, 2026 at 1600 Hrs (IST) has 12 agenda items, including confirmation of interim dividend INR 22 and approval of final dividend INR 18 per share.
- Proposed acquisition of Nagarro SE via wholly owned subsidiary Galaxy Germany Holding SE for an aggregate consideration not exceeding ~EUR 1.05 Billion (~INR 112.73 Billion).
- Corporate guarantee for bridge financing up to EUR 1.54 Billion (~INR 165.34 Billion); item 12 related party transactions is an ordinary resolution, not special.
Why it's rated notable: not yet binding (letter of intent, proposal or subject to approvals)
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Submission Of Notice Of The 36Th Annual General Meeting Of The Company
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Aerospace & Defense
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
More from Persistent Systems
- OtherNotablePersistent Systems Limited files details on unsecured and secured Series Debentures
- Fundraise / allotmentNotablePersistent Systems approves allocation of 7,683,981 equity shares via QIP on Oct 26, 2026
- Fundraise / allotmentNotablePersistent Systems allots 7,683,981 shares via QIP at ₹5,550 each
- Fundraise / allotmentNotablePersistent Systems allots 7,683,981 shares via QIP at ₹5,550 each, ₹42,646.09 million
- Fundraise / allotmentNotablePersistent Systems approves QIP Issue with floor price of ₹5,550 per share
Other board / shareholder meeting outcome filings this fortnight
- Mega Nirman & Industries Ltd announces postal ballot results for director appointments and rights issue
- Cubex Tubings Limited announces voting results and scrutinizer report of EGM held on 6 Nov 2026
- SMC Global Securities holds EGM on Nov 6, 2026; approves convertible warrants issuance
- Cubex Tubings Limited holds EGM on 6 Nov 2026 approving preferential issue of warrants
- Dev Labtech Venture: both EGM resolutions passed on 5 Nov 2026
- Apollo Micro Systems Limited announces EGM outcomes and preferential issue details
Potential multibaggers · Q2 FY27
Potential multibaggers in IT - Software
on management's own guidance
- Strong growth2
- Strong growth1
- Fractal AnalyticsGood growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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.