MoneyWorks4Me

Persistent Systems informs about acquisition

30 Sep 2024 Evaluate

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, Persistent Systems has informed that the company has entered into a Stock Purchase Agreement on September 30, 2024, for the acquisition of Arrka Infosec (‘Arrka’) a private limited company incorporated in Pune, India subject to the satisfaction of customary closing conditions. The requisite disclosure is annexed to this letter. 

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
TCS 2196.00
Infosys 1056.10
HCL Technologies 1256.00
Wipro 166.35
Tech Mahindra 1559.00
View more..