Persistent Systems Completes Acquisition of Aepona Group Limited, Ireland
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 I...
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Why is Persistent Systems Limited in the news today?
Persistent Systems Limited (PERSISTENT) is in the news due to the completion of the acquisition signifies a strategic move for the company, indicating progress and expansion.
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Persistent Systems Completes Acquisition of Aepona Group Limited, Ireland
December 23, 2025, 05:06 PM
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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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