Persistent Systems to absorb Capiot Software after NCLT approval

has secured approval from the National Company Law Tribunal (NCLT), Mumbai, for the merger of its wholly-owned subsidiary, Capiot Software Private Limited. The order, dated 9 April 2025, was received by the company on Friday, marking a key step in the consolidation of its group structure. Shares rose 3.23% to ₹4,545 ahead of the announcement.