* Persistent Systems Limited will acquire 100% shareholding of Aepona Group Limited, Ireland, from Persistent Systems Inc., USA. * The Share Purchase Agreement (SPA) was signed on December 5, 2025. * Aepona Group Limited's paid-up capital is Euro 721,038.81, and turnover as of March 2025 was Euro 1,271,080.12. * The acquisition is a related party transaction at arm’s length to achieve entity rationalization and operational efficiency. * The acquisition is expected to be completed by March 31, 2026. * The consideration is in cash for Euro 13,879,670. * Aepona Group Limited specializes in software development services and was incorporated in July 2000. Its turnover for FY23 was Nil, FY24 was Euro 38,634.30, and FY25 was Euro 1,271,080.12.
