Persistent Systems Completes Acquisition of Aepona Group Limited, Ireland
Persistent Systems Limited has successfully completed the transfer of 100% shareholding of Aepona Group Limited, Ireland. The company has now become a wholly-owned subsidiary of Persistent Systems Limited, effective December 23, 2025. This follows the fulfillment of customary closing conditions.
The acquisition of a wholly-owned subsidiary is a significant corporate action that could impact the company's structure and operations, justifying a medium impact.
The completion of the acquisition signifies a strategic move for the company, indicating progress and expansion.
Persistent Systems Limited announced that the customary closing conditions for the transfer of 100% shareholding of Aepona Group Limited, Ireland, from its wholly-owned subsidiary Persistent Systems Inc., USA, to Persistent Systems Limited, India, have been met as of December 23, 2025.
As a result of fulfilling these conditions, Aepona Group Limited, Ireland, has now become a wholly-owned subsidiary of Persistent Systems Limited, effective December 23, 2025.
This update follows an earlier intimation provided by the company on December 6, 2025. The announcement is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Persistent Systems Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Persistent Systems Limited. Read the original for the full detail.