Persistent Systems will conduct a non-deal roadshow on August 4 and 5, 2026, to engage directly with institutional investors. The company disclosed the schedule pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing the National Stock Exchange of India Limited and BSE Limited of the upcoming interactions. These sessions aim to maintain transparency with the investment community following the release of its quarterly results.

The roadshow involves a series of one-on-one meetings and one group session with various financial institutions. Persistent Systems emphasized that no unpublished price-sensitive information will be shared during these interactions. Instead, management will reiterate the details presented during its investor and analyst call held on Monday, August 3, 2026, which covered the quarter ended June 30, 2026.

The schedule for the first day of the roadshow is as follows:

The second day of engagements continues on Wednesday, August 5, 2026:

Amit Atre, Company Secretary of Persistent Systems Limited, signed the disclosure filed on July 30, 2026. The company confirmed that all interactions are strictly confined to publicly available information to ensure fair disclosure across all market participants.

Persistent Systems has submitted the newspaper advertisement for its 36th Annual General Meeting (AGM) to the stock exchanges, confirming the publication of the notice on July 11, 2026. The advertisement, titled 'Notice of the 36th Annual General Meeting, Book Closure and Remote E-Voting Information', was published in the Financial Express (English, All editions) and Loksatta (Marathi, Pune edition). This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

AGM Agenda

The AGM is scheduled to seek shareholder approval for the acquisition of Nagarro SE. Persistent Systems proposes to acquire 100% of the German-listed entity for an enterprise value of €1.27 billion through its wholly owned subsidiary, Galaxy Germany Holding SE. The transaction includes a voluntary public takeover offer at €81.00 per share and is expected to close in Q4 of Calendar Year 2026 or early Q1 of Calendar Year 2027, subject to regulatory approvals.

Financials and Dividends

Shareholders will vote on the adoption of audited financial statements for FY 2025-26. The company has also proposed an interim dividend of ₹22 per share and a final dividend of ₹18 per share, aggregating to ₹40 per share. The record date for determining eligibility for the final dividend is July 27, 2026.

Transaction and Financing

The acquisition will be funded through a committed bridge financing facility of €1.4 billion from Barclays, with an interest rate ranging from 4.1% to 4.8%. The company seeks approval to provide a corporate guarantee of up to €1.54 billion and create charges on assets to secure the facility. The leverage ratio is projected to be between 1.9x and 2.5x net debt to combined EBITDA, reducing to 1x by FY2030.

Strategic Rationale

The combined entity is expected to generate a revenue run-rate of approximately $2.9 billion and employ over 46,000 professionals across 40+ countries. Management emphasized that the deal is anticipated to be cash EPS accretive in the first year, excluding transaction expenses. The strategic move aims to expand Persistent Systems' footprint in Europe and diversify its verticals, leveraging Nagarro's strengths in ERP and customer experience.