Daily filing brief

6 Most Important Filings — 27 June 2026

A concise list of today's most consequential exchange filings, selected for relevance and impact.

  1. Persistent Systems Ltd8:47 am IST

    Persistent to launch all-cash Nagarro takeover at EUR 81 per share to form Persistent-Nagarro Group

    Deal overview

    • Persistent to launch a voluntary public takeover for all Nagarro shares at EUR 81 per share.

    Offer economics

    • Cash offer at EUR 81 per Nagarro share; ~140% premium to June 25 close.
    • Premium ~94% to 3-month VWAP.

    Stake and governance

    • Persistent holds ~21% Nagarro stake.
    • Lantano to sell its ~21% Nagarro stake to the Bidder.
    • Largest Nagarro shareholder commits its entire stake under binding agreement.
    • Nagarro Management Board and Supervisory Board intend to tender and support the Offer.

    Approvals and timeline

    • Offer subject to minimum acceptance threshold of 50% plus one share.
    • Offer to launch after BaFin approval; closing expected Q4 CY26 / Q1 CY27.

    Delisting and post-close

    • Delisting Nagarro from Frankfurt Prime Standard planned after closing.
    • No DPLTA for two years after closing.

    Combined entity and scale

    • Combined group revenue run-rate ~USD 2.9 billion; 46,000+ employees across 40+ countries.
    • North America revenue ~USD 1.7 billion; Europe ~USD 0.6 billion.

    Financing and advisors

    • Funding with committed Barclays financing; cash deal.
    • J.P. Morgan adviser to Nagarro.
    Read the original filing
  2. Vikran Engineering Ltd3:36 pm IST

    NOPL Solar Projects Private Limited awards Vikran Engineering Limited a 969 MW turnkey EPC order worth INR 3517.98 Crores

    Order details

    • Awarding entity: NOPL Solar Projects Private Limited (domestic).
    • Turnkey EPC for 969 MW AC solar plant across Maharashtra.
    • Scope includes design, engineering, procurement, supply, erection, testing and commissioning, plus modules and inverters.
    • Contract value: INR 3517.98 Crores including GST.
    • Execution period: 12 months.
    • Related party: NOPL is Vikran's wholly-owned subsidiary; directors in common.
    • Transaction is at arm's length.
    • Predecessor Onix order for 600 MW cancelled and replaced by direct NOPL award.
    • EPC works will be executed under the direct NOPL work order.
    • No material adverse impact on operations or finances disclosed.
    Read the original filing
  3. Patel Integrated Logistics Ltd-$5:34 pm IST

    Patel Integrated Logistics increases buyback price to ₹20 and reduces max shares to 54,00,000

    Buyback amendments

    • Public Announcement dated June 24, 2026; published June 25, 2026.
    • Buyback price increased to ₹20 per share from ₹18.
    • Max shares reduced from 60,00,000 to 54,00,000 (7.76%).
    • Aggregate buyback amount remains ₹10,80,00,000.
    • Committee meeting held on 27 June 2026 approved changes.
    • Addendum to Public Announcement to be published in newspapers and on company/exchange websites.
    • Offer remains via tender route under Buyback Regulations.
    Read the original filing
  4. Digjam Ltd6:09 pm IST

    NCLT allows demerger scheme; unsecured creditors to convene meetings; listing planned for resulting company.

    Overview

    • Type: demerger of a textile business from one private company to another.

    Purpose and Rationale

    • Consolidate textile business under one entity for synergies and scale.
    • Realize cost savings and streamlined governance via integrated operations.
    • Shareholders of the demerged company will receive shares in the resulting company and the latter will be listed.

    Key Terms and Structure

    • Nature: demerger of textile business from Demerged to Resulting company.
    • Effective dates: order pronouncement on 19 June 2026; copy received 26 June 2026.
    • Shareholders’ and creditors’ approvals required; final sanction by NCLT.
    • Meetings: equity shareholders and secured creditors dispensed; unsecured creditors to convene.
    • Exchange ratio not disclosed; listing anticipated for resulting company.
    • Board approvals obtained 08.07.2025.

    Financial Impact

    • No exchange ratio disclosed.
    • No asset or liability figures disclosed.
    • Listing anticipated; capital structure may change post-demerger.
    • No debt assumptions or write-offs specified.

    Impact on Stakeholders

    • Demerged shareholders to receive shares in Resulting Company; listing could affect liquidity.
    • Unsecured creditors of Demerged must convene; other creditor meetings dispensed.
    • No explicit impacts on employees disclosed.
    • Potential administrative and governance integration.

    Status and Next Steps

    • Order pronounced 19 June 2026; copy received 26 June 2026.
    • Meetings scheduled for 16.08.2026; notices and regulatory filings to proceed.
    • Final tribunal sanction and other regulatory approvals pending.
    • Board resolutions dated 08.07.2025 noted.
    Read the original filing
  5. Aptus Pharma Ltd7:10 pm IST

    CARE assigns Issuer Rating BB; Stable to Aptus Pharma Limited

    Rating action

    • Issuer rating CARE BB; Stable assigned to Aptus Pharma Limited.
    • Rating valid for about one year from June 24, 2026.
    • Outlook: Stable.

    Rationale & financial profile

    • Modest scale and working capital intensity; liquidity stretched.
    • Geographic concentration; dependence on contract manufacturers; regulatory risk.
    • IPO equity infusion improved capital structure; gearing 0.31x; promoter stake 72.89%.
    • Profitability remains healthy; PBILDT margin 15.99% and PAT margin 9.92% in FY26.
    • Liquidity: CFO negative ₹5.61 crore in FY26; GCA around ₹5–6 crore in FY27.
    • Current ratio 2.08x; cash and bank balance ₹6.40 crore.
    • Debt protection: interest coverage 9.33x; TD/GCA 1.43x.

    Sensitivity & outlook

    • Positive factors: TOI above ₹100 crore with PBILDT margin above 15% and improved liquidity.
    • Negative factors: decline in TOI or PBILDT margin; gearing above 2x; longer operating cycle.
    Read the original filing
  6. Kothari Industrial Corporation Ltd6:24 pm IST

    Kothari Industrial Corporation receives LOA from Indian Railways' ICF Chennai for forklift service contract (~₹19.45 crore)

    Order details

    • Awarding entity: Indian Railways' Integral Coach Factory, Chennai.
    • Nature and scope: Hiring of 3T and 5T forklifts with drivers, fuel and staff for moving coach items.
    • Contract value: ₹19.45 crore approximately.
    • Entity type: Domestic entity.
    • Execution period: 580 days from LOA dated 27 June 2026.
    • Terms: 5% performance guarantee and execution of agreement per tender terms.
    • Related party: Not a related party or promoter group transaction.
    • Material impact: Adds ~₹19.45 crore to order book with ~580-day execution.
    Read the original filing