NSEGeneral Updates1 Jul 2026 · 1 Jul 2026, 06:23 pm
General Updates
Persistent Systems Limited · PERSISTENT
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Persistent Systems Limited has informed the Exchange about General Updates regarding the acquisition of part of its business from M/s. Concise Systems OÜ, Estonia, with the necessary customary closing conditions met on July 1, 2026.
Analysis Scores
Earnings Impact5/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk4/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment6/10
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Persistent Systems Limited has informed the Exchange about General Updates
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PERSISTENTUSER1_01072026182340_PersistentSystemsUpdateonacquisitionofpartofBusinessofConciseSigned.pdf
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NSE & BSE / 2026-27 / 075
July 1, 2026
The Manager The Manager
Corporate Services Corporate Services
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Bandra Kurla Complex, P J Towers, Dalal Street,
Bandra (E), Mumbai 400 051 Mumbai 400 001
Ref: Symbol: PERSISTENT Ref: Scrip Code: 533179
Dear Sir/Madam,
Sub.: Update on our earlier intimation bearing Ref. No. NSE & BSE / 2026-27/ 040 dated May 28,
2026
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
read with SEBI Circular bearing ref. no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023
and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 and
amendments thereto from time to time (‘SEBI circulars’), we wish to inform you that the necessary
customary closing conditions with respect to the Business Purchase Agreement entered with M/s. Concise
Systems OÜ, Estonia on May 28, 2026, for the acquisition of part of its business, have been met on
July 1, 2026.
Please acknowledge the receipt.
Thanking you,
Yours Sincerely,
For Persistent Systems Limited
Amit Atre
Company Secretary
ICSI Membership No.: A20507
Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India
CIN - L72300PN1990PLC056696
Tel: +91 (20) 670 35555 | Fax - +91 (20) 6703 6003 | E-mail - info@persistent.com | Website - www.persistent.com