Persistent Systems Limited has informed the Exchange about General Updates
PERSISTENT · price
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Persistent Systems' wholly owned subsidiary Aepona Group Limited has established a new subsidiary named PerSys Estonia OÜ in Estonia. The new entity was incorporated in April 2026 and became a wholly owned subsidiary on May 22, 2026. The acquisition cost was EUR 10,000 (cash consideration). PerSys Estonia OÜ will operate in the Information Technology and IT-enabled services sector. The stated purpose is to expand Persistent's technology services footprint in the Europe region. The transaction is not a related party transaction.
This is a routine regulatory disclosure for a small geographic expansion. The EUR 10,000 acquisition cost is negligible and unlikely to have any material impact on Persistent Systems' financials or stock price in the near term.