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Persistent Systems Restructures German and French Subsidiaries
Persistent Systems Limited
January 20, 2026, 10:54 AM
Persistent Systems Limited's Board approved the transfer of its German and French subsidiaries to Aepona Group Limited, Ireland. This restructuring aims to rationalize entities and improve operational efficiency. The subsidiaries will become wholly-owned by Aepona Group. No direct benefit is expected for the promoter group.
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Persistent Systems Limited announced a restructuring initiative aimed at enhancing group operational efficiency. The Board of Directors, in a meeting held on Tuesday, January 20, 2026, approved the transfer of 100% shareholding of its subsidiaries, Persistent Systems Germany GmbH and Persistent Systems France S.A.S., to Aepona Group Limited, Ireland. This transfer will occur upon the execution of a Share Purchase Agreement in due course.
Following this restructuring, Persistent Systems Germany GmbH and Persistent Systems France S.A.S. will become wholly-owned subsidiaries of Aepona Group Limited, Ireland. The company stated that there are no direct benefits to the promoter, promoter group, or other group companies from this proposed restructuring. The shareholding pattern of both German and French entities will change, with 100% ownership transferring to Aepona Group Limited as part of this strategic move.
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