Persistent Systems allots non-convertible debentures (NCDs)
Persistent Systems (PERSISTENT) said it has allotted non-convertible debentures (NCDs). The company is valued at about ₹96,180 crore.
What happened
In a filing with the BSE on 4 November 2026 at 03:07 PM, Persistent Systems (PERSISTENT) said that it has allotted non-convertible debentures (NCDs).
Company snapshot
Persistent Systems is a mid-cap company in the Information Technology sector, with a market value of about ₹96,180 crore.
The stock last traded at ₹6,097, against a 52-week range of ₹4,244.5–₹6,599 (7.6% below the high).
Before this filing the shares had moved +13.6% over the month and +10.4% over three months. Average daily turnover over the last 20 sessions was about ₹461 crore.
Promoters held 30.29% at the end of Q2 FY27. Foreign institutions owned 20.79% and domestic institutions 31.96%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 3,581 | 471.5 | 30.31 |
| Q3 FY26 | 3,778 | 439.5 | 28.15 |
| Q4 FY26 | 4,056 | 529.3 | 33.83 |
| Q1 FY27 | 4,303 | 483 | 30.88 |
| Q2 FY27 | 4,664 | 351.5 | 22.42 |
What history shows
BCEIE's records show 4 previous fund raising filings from the company since May 2026.
After those filings, the stock fell 1.4% on average the next trading day and was up 0.4% on average after five days (4 filings with price data).
Across 14 similar disclosures by other Information Technology companies, shares moved +0.0% on average the next day and −1.2% over five days; 71% of them rose the next day.
Market-wide, 1,727 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 26 Oct 2026 | The disclosure of allotment of shares dated October 26, 2026, is as… | −0.0% | +4.2% |
| 21 Oct 2026 | The outcome of the Committee Meeting in relation to the QIP issue… | −2.2% | +0.4% |
| 16 Oct 2026 | The intimation of approval of the terms of NCD and CP issuance in as… | −2.6% | +0.2% |
| 2 Sept 2026 | Fund raising | −0.8% | −3.2% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
- Persistent Systems to raise Rs 6,000 crore via NCDs for Nagarro deal
- PERSISTENT Outlook for the Week
- Persistent Systems launches $452M share sale to refinance Nagarro loan
- Persistent Systems launches ₹4,265-crore QIP; sets floor price at ₹5,550 per share
- Khaitan, Latham, SAM, Linklaters act on Persistent Systems ₹4,264 crore QIP
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.