Acquisitions1 Jul 2026, 06:40 pm
Persistent Systems Completes Acquisition Conditions with Concise Systems OÜ
AI Summary
Persistent Systems Ltd announced that the necessary customary closing conditions for the Business Purchase Agreement with M/s. Concise Systems OÜ, Estonia have been met on July 1, 2026. This agreement, initially dated May 28, 2026, pertains to the acquisition of a part of Concise Systems OÜ's business. The company has provided this update in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, referencing relevant SEBI circulars. This development signifies a step forward in the integration process following the agreement.
Key Highlights
- Conditions for business acquisition agreement met on July 1, 2026.
- Acquisition is with M/s. Concise Systems OÜ, Estonia.
- Agreement was initially entered into on May 28, 2026.
- Update follows SEBI listing regulations and circulars.
Price Impact
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