Development · 24 Sep 2026
PERSISTENT, full dossier3 publishers have reported this development. Each act of reporting is below, cited.
Persistent Systems completed the acquisition of 83.25% stake in Nagarro as of 17 September 2026.
Persistent Systems shares declined for the second consecutive session on Wednesday, September 23, after the company announced it had secured an 83.25 per cent stake in Nagarro.
Persistent Systems Ltd has increased its stake in Germany-based Nagarro SE to 83.25 per cent, crossing the minimum acceptance threshold required under its voluntary public takeover offer.
Persistent Systems now owns 83.25% of German IT company Nagarro after acquiring an additional 61.15% stake through a voluntary public takeover offer.
Indian IT stocks rallied sharply on Tuesday as concerns over AI-driven disruption eased.
15 Sep 2026 · 2 publishers
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