Merger11 May 2026, 04:51 pm
Persistent Systems: Arrka Infosec Merger Approved
AI Summary
Persistent Systems Ltd. announced that the National Company Law Tribunal (NCLT), Mumbai, approved the merger of Arrka Infosec Private Limited, a wholly-owned subsidiary, with Persistent Systems. The company received the certified true copy of the order on May 11, 2026. The merger was initially announced on April 22, 2026.
Key Highlights
- NCLT approves merger of Arrka Infosec with Persistent Systems.
- Arrka Infosec is a wholly-owned subsidiary of Persistent Systems.
- Persistent Systems received the order copy on May 11, 2026.
- Merger approved under Sections 230-232 of the Companies Act, 2013.