Announced Tue, 22 Sept, 2026 · 17:23 IST
Persistent crosses 83% in Nagarro takeover, additional acceptance period opens
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————
Up moveDown movePending
AI summary
Persistent secured 83.25% of Nagarro SE via takeover offer, made up of 61.15% tendered in main period plus 22.10% from Lantano deal, crossing the 50% threshold. Additional two-week acceptance period runs September 23 to October 6, 2026 at EUR 81.00 per share. Persistent plans to delist Nagarro from Frankfurt Stock Exchange, with deal closure expected by end of Q1 CY27.
Likely market impact
Major acquisition milestone crossed. Persistent on track to fully own Nagarro, boosting scale. May pressure short-term margins until integration completes.