Persistent Systems has announced an internal group restructuring effective December 24, 2025. The move involves transferring shareholdings of subsidiaries in Costa Rica, Switzerland, and Romania from Persistent Systems Germany GmbH to Persistent Systems Inc. (USA) and Aepona Group Limited (Ireland). The restructuring aims to improve entity rationalization and operational efficiency within the Persistent Systems group.
Strategic Internal Restructuring
Persistent Systems has initiated an internal restructuring to streamline its operations. The restructuring, formalized on December 24, 2025, involves the transfer of ownership for several international subsidiaries.
Costa Rica Operations
The company is transferring 100% shareholding of Persistent Systems Costa Rica Limitada from Persistent Systems Germany GmbH to Persistent Systems Inc., located in the USA. The Costa Rican entity has a paid-up capital of CRC 40,000 and a turnover of CRC 3,279,653,575 as of FY25. The consideration for this transfer is CRC 280,91,14,600. This entity is in the ITES industry.
Swiss Subsidiary Transferred
Persistent Systems is also transferring its 100% shareholding of Persistent Systems Switzerland AG from Persistent Systems Germany GmbH to Aepona Group Limited, Ireland. The Swiss entity has a paid-up capital of CHF 250,000 and a turnover of CHF 7,139,252 as of FY25. The transfer price is CHF 88,11,650. This entity also belongs to the ITES industry.
Romanian Operations Realigned
The restructuring includes the transfer of 100% shareholding of Persistent Systems S.R.L., Romania, from Persistent Systems Germany GmbH to Aepona Group Limited, Ireland. The Romanian entity has a paid-up capital of RON 545,000 and a turnover of RON 11,610,420 as of FY25. The transfer price is RON 4,013,144. This entity is also in the ITES sector.
Rationale and Timeline
Persistent Systems is undertaking this restructuring to achieve entity rationalization and improve operational efficiency within the group. All transfers are expected to be completed before March 31, 2026, in accordance with the Share Purchase Agreements (SPAs).
Source: BSE
