Persistent Systems has announced the transfer of its 100% shareholding in Persistent Systems Germany GmbH and Persistent Systems France S.A.S. to Aepona Group Limited, Ireland. The transfer, approved by the Board of Directors on January 20, 2026, aims to achieve entity rationalization and improve operational efficiency within the group. The subsidiaries will become wholly-owned subsidiaries of Aepona Group Limited following the execution of the Share Purchase Agreement (SPA).
Subsidiary Transfer Announcement
Persistent Systems Limited has announced a strategic restructuring move involving its European subsidiaries. The Board of Directors, during its meeting held on January 20, 2026, approved the transfer of the company’s complete shareholding in two key entities.
Details of the Transfer
The restructuring involves the transfer of 100% shareholding of the following entities:
- Persistent Systems Germany GmbH
- Persistent Systems France S.A.S.
These subsidiaries will be transferred to Aepona Group Limited, based in Ireland. This transfer will occur upon the successful execution of a Share Purchase Agreement (SPA).
Rationale Behind the Restructuring
The primary goal of this restructuring is to achieve enhanced entity rationalization and operational efficiency across the Persistent Systems group. By consolidating these entities under Aepona Group Limited, the company expects to streamline operations and improve overall performance.
Impact of the Transfer
Upon completion of the transfer, Persistent Systems Germany GmbH and Persistent Systems France S.A.S. will become wholly-owned subsidiaries of Aepona Group Limited, Ireland. This change in ownership is expected to contribute to the long-term strategic objectives of Persistent Systems.
Source: BSE
