Persistent crosses 94 percent in Nagarro takeover, settlement pending conditions
PERSISTENT · price
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On the reaction day the stock moved 0.2 pts more than Nifty Midcap 150 and 0.5 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Persistent Systems has secured about 94.04 percent of Nagarro SE's shares through its voluntary public takeover offer. It acquired 10.79 percent in the additional acceptance period (Sept 23 to Oct 6, 2026), on top of 61.15 percent in the initial period and 22.10 percent via a share purchase deal with Lantano Beteiligungen. Settlement of all tendered shares awaits fulfilment of remaining offer conditions.
Near-complete control of Nagarro secured; remaining conditions must clear before tendered shares are settled.