Persistent Systems Ltd (BOM:533179)
₹ 3537.9 17.05 (0.48%) Market Cap: 538.08 Bil Enterprise Value: 523.02 Bil PE Ratio: 51.15 PB Ratio: 10.85 GF Score: 99/100
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Persistent Systems Ltd to Acquire Data Glove Inc Call Transcript

Feb 11, 2022 / 12:30PM GMT
Release Date Price: ₹2096.45 (-4.99%)
Operator

Ladies and gentlemen, good day, and welcome to the Persistent Systems Limited conference call for discussing the acquisition of Data Glove. We have with us today on the call Mr. Sandeep Kalra, Executive Director and Chief Executive Officer; Mr. Sunil Sapre, Executive Director and Chief Financial Officer; Ms. Nitha Puthran, Senior Vice President, Cloud and Infrastructure; and Mr. Saurabh Dwivedi, Head of Investor Relations. (Operator Instructions) Please note that this conference is being recorded.

I now hand over the conference to Mr. Sandeep Kalra. Thank you, and over to you, sir.

Sandeep Kumar Kalra
Persistent Systems Limited - CEO, President & Executive Director

Good morning, good afternoon, good evening. I hope all of you are doing well. Today, we have an important announcement to make. And as we walk through the next few slides, I'd set the rationale for our M&A strategy, what we are announcing today and so on.

And before we get into what we are announcing today, for those of you who have not been following us for the last few

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