Persistent Systems Limited has received formal sanction from the National Company Law Tribunal (NCLT) for the merger of its wholly-owned subsidiary, Arrka Infosec Private Limited. The merger, finalized through an absorption process, was approved by the NCLT on April 21, 2026. This strategic consolidation marks a significant step in streamlining the company’s organizational structure and integrating its subsidiary operations under the parent entity.
Strategic Consolidation
Persistent Systems Limited has successfully concluded the legal process to merge Arrka Infosec Private Limited into its core business operations. As a wholly-owned subsidiary, Arrka Infosec has now been absorbed into the holding company, further simplifying the corporate structure. The order for this merger was issued by the NCLT, Mumbai, on April 21, 2026, following the notification received by the company via email that same evening.
Next Steps
While the court order has been officially issued, the company is currently awaiting receipt of the certified copy of the document. Once obtained, Persistent Systems will formally submit the certification to the relevant stock exchanges. This integration aligns with the company’s broader operational objectives, allowing for greater synergy and efficiency in its data and security services portfolio.
Source: BSE