Persistent Systems Ltd (PERSISTENT) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Persistent Systems Ltd on NSE and BSE, with an AI summary of each filing.
The intimation of the allotment of Non-convertible Debentures dated November 4, 2026, is as enclosed.
Others (Uncategorized) · 04 Nov 2026, 8:37 pm
Persistent Systems Approves Allotment of INR 70 Billion Listed NCDs Persistent Systems approved the allotment of 700,000 senior, rated, listed, redeemable NCDs aggregating to INR 70 billion via private placement on 4th Nov'26. Issued across six series carrying an 8.95% annual coupon, the tenures range from 2 to 5 years, maturing between 4th Nov'28 and 4th Nov'31 for listing on the NSE. Series 1, 2, 5, and 6 are secured by asset hypothecation and target share pledges related to Galaxy Germany Holding SE and Nagarro SE, while Series 3 and 4 are unsecured.
Persistent Systems Limited has informed the Exchange regarding Outcome of Committee Meeting held on November 04, 2026.
Others (Uncategorized) · 04 Nov 2026, 8:34 pm
The Outcome of the Special Committee Meeting held on November 4, 2026, for allotment of NCDs is as enclosed.
Others (Uncategorized) · 04 Nov 2026, 8:30 pm
Persistent Systems Approves Allotment of INR 70 Billion NCDs Across Six Series Persistent Systems approved the allotment of 700,000 INR-denominated, senior, listed NCDs aggregating to INR 70 billion via private placement on 4th Nov'26. Issued across six series with tenors ranging from 2 to 5 years (maturing between 4th Nov'28 and 4th Nov'31), all tranches carry a coupon rate of 8.95% per annum. Series 1, 2, 5, and 6 are secured by asset hypothecation and share pledges linked to Galaxy Germany Holding SE and Nagarro SE, while Series 3 and 4 are unsecured. All series will list on the NSE.
The disclosure of allotment of shares dated October 26, 2026, is as enclosed.
Others (Uncategorized) · 27 Oct 2026, 4:59 am
Persistent Systems Approves INR 42.65 Billion QIP Allotment Persistent Systems approved the allotment of 7,683,981 equity shares via Qualified Institutional Placement on 26th Oct'26 at an issue price of INR 5,550.00 per share (including a 3.66% discount of INR 211.00 to floor price), raising INR 42,646.09 million. The placement expanded paid-up equity share capital from INR 790.75 million (158.15 million shares) to INR 829.17 million (165.83 million shares). Key institutional allottees securing over 5% include SBI Mutual Fund (9.38%), ICICI Prudential Technology Fund (7.62%), Kotak Funds (7.62%), Aditya Birla Sun Life Funds (7.62%), and Government Pension Fund Global (5.86%).
The outcome of the Special Committee Meeting held on October 26, 2026, in relation to the allotment of shares is as enclosed.
Others (Uncategorized) · 27 Oct 2026, 4:53 am
Persistent Systems Raises INR 42,646 Million via Qualified Institutional Placement Persistent Systems approved the allotment of 7,683,981 equity shares to qualified institutional buyers at INR 5,550.00 per share, reflecting a 3.66% discount (INR 211.00) to the floor price, raising INR 42,646.09 million. The issue closed on 26th Oct'26. Consequently, paid-up equity share capital increased from INR 790.75 million (158,150,000 shares) to INR 829.17 million (165,833,981 shares of face value INR 5 each). Key institutional allottees exceeding 5% of issue size include SBI MF (9.38%), ICICI Prudential MF (7.62%), Kotak MF (7.62%), Aditya Birla Sun Life MF (7.62%), and Government Pension Fund Global (5.86%).
Persistent Systems Limited has informed the Exchange regarding Outcome of Committee Meeting held on October 26, 2026.
Others (Uncategorized) · 27 Oct 2026, 4:51 am
Persistent Systems Limited has informed the Exchange regarding Outcome of Committee Meeting held on October 26, 2026.
Others (Uncategorized) · 27 Oct 2026, 1:00 am
The outcome of the Special Committee Meeting held on October 26, 2026, is as enclosed
Others (Uncategorized) · 27 Oct 2026, 12:58 am
Persistent Systems Closes QIP Issue, Approves Share Allocation at INR 5,550 Persistent Systems closed its Qualified Institutional Placement (QIP) issue on 26th Oct'26 following receipt of funds and applications. The Special Committee approved allocating 7,683,981 equity shares at an issue price of INR 5,550.00 per share (including a premium of INR 5,545.00), representing a 3.66% discount of INR 211.00 per share against the floor price of INR 5,761.00. The committee also finalized the placement document, confirmation of allocation notes, and refund issuances to eligible institutional bidders.
The Transcript of the investor/analyst call held on Thursday, October 15, 2026, is as enclosed.
Transcript · 24 Oct 2026, 2:15 am
The intimation regarding the receipt of Credit Rating from M/s. ICRA Limited, is as enclosed.
Others (Uncategorized) · 23 Oct 2026, 4:36 am
ICRA Updates Persistent Systems Debt Ratings on Rating Watch Negative On 22nd Oct'26, ICRA maintained Persistent Systems Limited's Issuer Rating at [ICRA]AA+ while continuing it on Rating Watch with Negative Implications. ICRA also assigned a new [ICRA]AA+ rating with Rating Watch with Negative Implications to a proposed INR 2,000.00 Cr Non-Convertible Debenture (NCD) issuance, while keeping an existing INR 5,000.00 Cr NCD program under the same rating and watch status. Additionally, ICRA assigned a short-term rating of [ICRA]A1+ to the company's proposed INR 1,000.00 Cr Commercial Paper program.
The Intimation regarding the receipt of Credit Rating from M/s. CRISIL Ratings Limited, is as enclosed.
Others (Uncategorized) · 22 Oct 2026, 2:22 am
CRISIL Assigns 'AA+' Rating Watch Developing to Persistent Systems' Proposed NCDs CRISIL Ratings assigned a 'CRISIL AA+' rating with 'Rating Watch with Developing Implications' to Persistent Systems Limited's proposed Non-Convertible Debentures (NCDs) amounting to Rs 7,000 crore on 21st Oct'26. The rating indicates a high degree of safety regarding timely debt servicing and very low credit risk, while the watch status reflects an evolving situation that could impact the company's credit profile.
The update on the Outcome of the Special Committee of the Board of Directors dated October 21, 2026, is as enclosed.
Others (Uncategorized) · 22 Oct 2026, 1:32 am
Persistent Systems Sets Issue Floor Price at INR 5,761 Per Share Persistent Systems announced that the Special Committee of the Board of Directors approved a floor price of INR 5,761.00 per equity share for its proposed issue on 21st Oct'26. The floor price has been determined in accordance with the pricing formula prescribed under the SEBI ICDR Regulations. All other details regarding the issue from the previous committee meeting disclosure remain unchanged.
Persistent Systems Limited has informed the Exchange regarding Outcome of Committee Meeting held on October 21, 2026.
Others (Uncategorized) · 22 Oct 2026, 1:29 am
The outcome of the Committee Meeting in relation to the QIP issue opening dated October 21, 2026, is as enclosed.
Others (Uncategorized) · 22 Oct 2026, 12:51 am
Persistent Systems Launches USD 450 Million QIP at Floor Price of INR 5,550 Persistent Systems opened its Qualified Institutions Placement (QIP) on 21st Oct'26 with an aggregate issue size of up to USD 450 million (~INR 42,646.10 million). The Special Committee approved a floor price of INR 5,550 per share, with the option to offer up to a 5% discount at the company's discretion. Issue pricing will be finalized in consultation with book running lead managers J.P. Morgan India, IIFL Capital Services, and HSBC Securities and Capital Markets.
The outcome of the Committee Meeting held on October 21, 2026, is as enclosed.
Others (Uncategorized) · 22 Oct 2026, 12:47 am
Persistent Systems Launches $450 Million QIP at Floor Price of INR 5,550 Persistent Systems approved the opening of its Qualified Institutions Placement (QIP) on 21st Oct'26 to raise up to USD 450 million (equivalent to INR 42,646.10 million). The floor price is set at INR 5,550 per equity share, with the company retaining the discretion to offer up to a 5% discount. Book running lead managers appointed for the issue include J.P. Morgan India, IIFL Capital Services, and HSBC Securities and Capital Markets (India).
Persistent Systems Limited has informed the Exchange regarding Outcome of Committee Meeting held on October 21, 2026.
Others (Uncategorized) · 22 Oct 2026, 12:46 am
The intimation of approval of the terms of NCD and CP issuance in as enclosed
Others (Uncategorized) · 16 Oct 2026, 4:22 pm
The outcome of the Special Committee meeting held on October 16, 2026, is as enclosed.
Others (Uncategorized) · 16 Oct 2026, 4:17 pm
Persistent Systems Limited has informed the Exchange regarding Outcome of Committee Meeting held on October 16, 2026.
Others (Uncategorized) · 16 Oct 2026, 4:14 pm
The intimation of Submission of the Outcome, Audio and Video Recording of the investor/analyst call held on Thursday, October 15, 2026 (IST), is as enclosed.
Audio / Video · 16 Oct 2026, 2:46 am
Persistent Systems Releases Q2 FY27 Earnings Call Outcome and Recordings Persistent Systems has published the analyst presentation, fact sheet, and audio/video recordings for its Q2 FY27 investor call held on 15th Oct'26. The disclosures follow the conclusion of the quarter and half-year ended 30th Sep'26, in compliance with SEBI LODR regulations. All relevant materials covering the operational and financial performance updates have been made accessible on the company's official website.
Persistent Systems Limited has informed the Exchange about General Updates
Financial Result · 15 Oct 2026, 10:21 pm
Persistent Systems Board Approves Audited Financial Statements for Q2 and H1 FY27 Persistent Systems Limited informed stock exchanges that its Board of Directors approved the audited standalone and consolidated financial statements for the quarter and half-year ended 30th Sep'26 during its meeting held on 15th Oct'26. The company has made the detailed financial results accessible to investors and stakeholders via direct web links on its official website for regulatory compliance and market reporting.
The audited financial statements for the quarter and half year ended September 30, 2026, is as enclosed.
Others (Uncategorized) · 15 Oct 2026, 10:18 pm
Persistent Systems Board Approves Q2 and H1 FY27 Audited Financial Results Persistent Systems informed stock exchanges that its Board of Directors approved the audited standalone and consolidated financial statements for the quarter and half-year ended 30th Sep'26 during its meeting on 15th Oct'26. The detailed financial results for the company and its subsidiaries have been made accessible via the company's official portal.
The Press Release dated October 15, 2026, is as enclosed
Press Release · 15 Oct 2026, 9:42 pm
Persistent Systems Reports Q2 FY27 Results and Advances Nagarro Acquisition Persistent Systems reported Q2 FY27 revenue of $487.6M (INR 46,639.0M), up 7.8% QoQ and 20.0% YoY (20.8% YoY in constant currency). EBIT reached INR 6,977.2M with a 15.0% margin, up 1.6% QoQ and 19.5% YoY. Operating PAT stood at INR 4,951.5M (up 5.0% YoY), while reported PAT declined 25.4% YoY to INR 3,515.1M. Order bookings totaled $633.5M TCV ($481.0M ACV). The company secured ~94.04% of Nagarro’s share capital and voting rights, backed by shareholder approval for an equity raise up to $450M.
The fact sheet for the quarter and half year ended is as enclosed.
Investor Presentation · 15 Oct 2026, 9:38 pm
Persistent Systems Reports Strong Q2 FY27 Results and Advances Nagarro Deal Persistent Systems posted Q2 FY27 revenue of $487.6M (₹46,639M), up 7.8% QoQ and 20.0% YoY, marking 26 consecutive growth quarters. EBIT reached ₹6,977.2M with a 15.0% margin. Adjusted PAT rose 5.0% YoY to ₹4,951.5M (10.6% margin), while reported PAT stood at ₹3,515.1M due to ₹1,853.4M in Nagarro transaction costs. TTM ACV bookings reached $1,964.8M. Persistent secured ~94.04% voting rights in Nagarro, funded via capped equity of $450M and debt, targeting deal closing by Q4 CY26/Q1 CY27.
The outcome of the Board Meeting is as enclosed
Financial Result · 15 Oct 2026, 9:35 pm