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Persistent Systems Makes Irish Arm a Direct Wholly Owned Subsidiary

Story Highlights
  • Persistent Systems has shifted full ownership of Aepona Group Limited from its US arm to the Indian parent after meeting closing conditions.
  • The restructuring makes Aepona a direct wholly owned subsidiary in Ireland, streamlining group structure and strategic alignment for stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Persistent Systems Makes Irish Arm a Direct Wholly Owned Subsidiary

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An update from Persistent Systems Limited ( (IN:PERSISTENT) ) is now available.

Persistent Systems Limited has completed the internal transfer of 100% shareholding of Aepona Group Limited, Ireland, from its wholly owned US subsidiary, Persistent Systems Inc., to the Indian parent entity after all customary closing conditions were met on December 23, 2025. With this step, Aepona Group Limited has become a direct wholly owned subsidiary of Persistent Systems Limited in India, simplifying the group’s ownership structure and potentially enhancing strategic, legal, and financial alignment of its international operations for shareholders and regulators.

More about Persistent Systems Limited

Persistent Systems Limited is an India-headquartered IT services and technology company based in Pune, Maharashtra, providing software development, digital engineering, and related technology solutions to global clients across sectors. The company operates through subsidiaries in multiple geographies, including the United States and Europe, to serve enterprise and technology customers seeking digital transformation and product engineering support.

Average Trading Volume: 18,121

Technical Sentiment Signal: Buy

Current Market Cap: 1003.1B INR

For detailed information about PERSISTENT stock, go to TipRanks’ Stock Analysis page.

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