The Press Release titled ''Acceptance Period Commences: Persistent Publishes Public Takeover Offer for all Nagarro Shares'', is as enclosed.
M&A
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 06 Aug 2026, 06:26 PM IST · BSE ID: ca387f01-9ae0-4f74-9524-8fcf29d8b9aa
View Original BSE Filing (PDF)
💡
In Simple Terms
Persistent Systems has officially started its cash offer of EUR 81.00 per share to buy all shares of Nagarro SE.
🤖 AI Summary
- Persistent Systems' subsidiary commenced a public takeover offer for all Nagarro SE shares.
- The cash offer is EUR 81.00 per Nagarro share, a ~140% premium to June 25, 2026 closing price.
- The acceptance period for Nagarro shareholders runs from August 6 to September 17, 2026.
- Persistent has secured ~22% stake; Nagarro's Management intends to tender ~15% stake.
- The offer is subject to a minimum acceptance threshold of 50% plus one Nagarro share.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Offer Price per Nagarro Share
EUR 81.00
Premium to June 25, 2026 Closing Price
~140%
Persistent Secured Stake in Nagarro
approximately 22%
Nagarro Management Intention to Tender
approximately 15%
Minimum Acceptance Threshold
50% plus one share
🏢 How This Affects the Company
The acquisition of Nagarro SE aims to create a scaled, globally diversified AI-led digital engineering and enterprise modernization company, expanding Persistent's presence in North America and Europe.
The offer involves a cash consideration of EUR 81.00 per Nagarro share. The transaction is contingent on achieving a minimum acceptance threshold of 50% plus one Nagarro share.
The combination intends to merge highly complementary strengths in digital engineering, AI, cloud, and industry expertise, creating a larger platform with integrated capabilities.
The offer is subject to a minimum acceptance threshold of 50% plus one share. Failure to meet this threshold would prevent the completion of the takeover.
👥 What This Means For Shareholders
✅
Action Required
No action is required from Persistent Systems Limited shareholders at this stage regarding this specific filing.
👤
Who Is Affected
Shareholders of Nagarro SE are affected, as they can now tender their shares for a cash consideration of EUR 81.00 per share.
🔍
Management Signal
The decision to launch the public offer signals management's commitment to strategic inorganic growth and expansion in digital engineering and AI.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Acceptance Period End Date — September 17, 2026.
Additional Acceptance Period End Date — October 6, 2026.
Announcement of total shares tendered post acceptance periods.
MEDIUM RISK
The offer's completion depends on meeting the 50% plus one share minimum acceptance threshold.
💡 Investor Takeaway
Persistent Systems' subsidiary commenced a public takeover offer for Nagarro SE at EUR 81.00 per share, a ~140% premium to June 25, 2026 closing price. The acceptance period is from August 6 to September 17, 2026, with a 50% plus one share minimum acceptance threshold.
⚖️ Strengths & Concerns
✅ Positives
- The offer of EUR 81.00 per Nagarro share represents a ~140% premium to its closing price on June 25, 2026.
- Persistent has already secured an approximately 22% stake in Nagarro and Nagarro's Management intends to tender ~15%.
⚠️ Concerns
- The offer is contingent on a minimum acceptance threshold of 50% plus one share of all outstanding Nagarro shares.
- Persistent intends to pursue a delisting of Nagarro shares from the Frankfurt Stock Exchange as soon as practicable.
📅 Company Track Record
Persistent Systems recently completed the acquisition of part of Concise Systems OÜ's business on July 1, 2026. In June 2026, Persistent Systems also intimated the proposed merger of MediaAgility India Private Limited, with a turnover of 365.55 INR million, for internal restructuring purposes.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the offer price for Nagarro shares by Persistent Systems?
Persistent Systems' wholly-owned subsidiary is offering EUR 81.00 per Nagarro share in cash as part of the public takeover offer.
What is the premium of Persistent Systems' offer for Nagarro shares?
The offer price of EUR 81.00 per Nagarro share represents a highly attractive premium of ~140% to Nagarro's closing price on June 25, 2026.
When does the acceptance period for the Nagarro takeover offer end?
The six-week acceptance period, during which Nagarro shareholders can tender their shares, began on August 6, 2026, and runs until September 17, 2026.
What minimum acceptance threshold is required for the Nagarro takeover offer to complete?
The offer is subject to a minimum acceptance threshold of 50% plus one share of all outstanding Nagarro shares.
What stake in Nagarro has Persistent Systems already secured?
Persistent Systems has already secured an approximately 22% stake in Nagarro, with the largest shareholder committing its entire stake.
Questions based on this BSE filing only. For information purposes.