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Persistent Systems Raises ₹4,264 Crore Through QIP

Persistent Systems said it closed its Qualified Institutional Placement on October 26, raising ₹4,264 crore by issuing shares to eligible investors.

PERSISTENT

Technology services provider Persistent Systems Ltd. announced the closure of its Qualified Institutional Placement (QIP) exercise on Monday, October 26, in an exchange filing. The company has raised a total of ₹4,264 crore through this exercise, by issuing shares to eligible shareholders.According…