Announced Tue, 22 Sept, 2026 · 17:12 IST
Persistent secures 83.25% in Nagarro takeover; extra acceptance till Oct 6
PERSISTENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹5365.50
prior close
₹5400.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-1.4-1.7-2.1-1.8+0.1-0.7-3.8-1.6+3.1+8.8———
Up moveDown movePending
AI summary
Persistent's voluntary takeover offer for Germany's Nagarro SE crossed the 50% minimum threshold. They secured 61.15% via tender plus 22.10% from a prior share purchase, totaling 83.25% of Nagarro. An additional two-week acceptance window runs from Sept 23 to Oct 6, 2026 at EUR 81 per share. Persistent plans to delist Nagarro from the Frankfurt Stock Exchange, with deal closure expected by end of Q1 CY27.
Likely market impact
Marks successful acquisition of listed Nagarro SE; strengthens Persistent's position as an AI-led digital engineering leader. Deal expected to close by Q1 CY27.