Persistent Systems France Subsidiary Internal Restructuring SPA

Persistent Systems signed SPA on March 25, 2026 to transfer 100% stake in Persistent Systems France S.A.S. to Aepona Group Limited, Ireland.
Transaction is an internal group restructuring via share swap at EUR 1,132,991; no cash consideration or regulatory approvals required.
Post-transfer, Persistent Systems France S.A.S. becomes a wholly owned subsidiary of Aepona Group Limited and a step-down subsidiary of Persistent Systems Limited.
Persistent Systems France S.A.S. reported declining turnover: EUR 12.74 mn (FY23), EUR 8.16 mn (FY24), EUR 6.18 mn (FY25).