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Persistent Systems Approves Rs.9,000 Crore Debt For Nagarro Acquisition Funding


16 October 2026
Persistent Systems Ltd.

Special Committee on Oct 16 approved private placement of NCDs up to Rs8,000 crore for NSE listing and commercial paper up to Rs1,000 crore up to one-year tenor as long-term debt financing for Nagarro SE acquisition; coupon, tenure and security details deferred to key information document.


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