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Shaping the future of software driven business
Consolidated Financials •
259
Form AOC-1 Part A
Statement pursuant to Section 129 (3) of the Companies Act, 2013 relating to subsidiaries
(In
`
Million unless stated otherwise)
Sr.
No.
Name of the
Subsidiary
Company
Persistent
Systems,
Inc.
Persistent
Systems
Pte. Ltd.
Persistent
Systems
France
SAS
Persistent
Systems
Malaysia
Sdn. Bhd.
Persistent
Systems
Germany
GmbH
Persistent
Telecom
Solutions
Inc.
Akshat
Corporation
(dba Rgen
Solutions)#
Persistent
Systems
Mexico,
S.A. de C.V.
Persistent
Systems
Israel Ltd.
Herald
Technologies
Inc.
Aepona
Holdings
Limited
Parx
Werk AG
Parx
Consulting
GmbH
Aepona
Group
Limited
Aepona
Limited
Valista
Limited
Persistent
Systems
Lanka
(Private)
Limited
1
Reporting currency
USD
SGD
EUR
MYR
EUR
USD
USD
MXN
ILS
USD
USD
CHF
EUR
GBP
GBP
EUR
LKR
Exchange rate on
the last date of the
Financial year (
`
)
69.11
51.00
77.62
16.94
77.62
69.11
69.11
3.58
19.05
69.11
69.11
69.39
77.62
90.50
90.50
77.62
0.39
Financial Year
Ending On
March 31,
2019
March 31,
2019
March 31,
2019
March 31,
2019
March 31,
2019
March 31,
2019
March 31,
2019#
March 31,
2019
March 31,
2019
March 31,
2019
March 31,
2019
March 31,
2019
March 31,
2019
March 31,
2019
March 31,
2019
March 31,
2019
March 31,
2019
2 Share capital
2,478.01
15.50
97.47
102.25
713.01
0.0001
-
3.65
6.78
0.08
59.42
16.58
1.90
58.19
1,230.62
36.25
0.01
3 Share application
money pending
allotment
-
-
-
-
78.72
-
-
-
-
-
-
-
-
-
-
-
-
4 Reserves & Surplus
761.78
261.93
65.24
249.11
(27.30)
(225.16)
-
(15.43)
105.12
(10.17)
96.57
41.81
(41.60) (155.83) (1,661.72)
209.23
139.77
5 Total assets
7,137.52
292.73
414.41
406.58
704.12
584.57
-
85.80
273.27
3.05
155.98
290.94
164.07
122.69
98.91
245.52
191.50
6 Total Liabilities
7,137.52
292.73
414.41
406.58
704.12
584.57
-
85.80
273.27
3.05
155.98
290.94
164.07
122.69
98.91
245.52
191.50
7 Investments
365.14
-
-
-
595.12
-
-
-
-
-
155.98
2.03
-
122.69
-
0.01
-
8 Turnover
19,727.60
125.77
972.35
468.81
46.07
1,283.97
13.36
212.90
524.73
-
-
474.46
467.45
-
397.34
-
210.99
9 Profit / (Loss)
before taxation
(87.15)
20.76
54.47
124.46
(22.43)
31.42
(0.92)
(14.51)
33.73
(12.88)
-
20.31
(88.41) (1,360.89)
(76.25)
14.95
33.03
10 Provision for
taxation
87.61
8.96
11.10
1.05
(7.24)
6.82
-
7.78
5.62
(2.59)
-
5.31
(28.53)
-
20.60
-
(1.59)
11
Profit / (Loss)
after taxation
(174.76)
11.80
43.37
123.41
(15.19)
24.60
(0.92)
(22.29)
28.11
(10.29)
-
15.00
(59.88) (1,360.89)
(96.85)
14.95
34.62
12 Proposed dividend
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
13 % of shareholding
100% 100% 100% 100% 100% 100%*
100% # 100%*
100%*
100%* 100%* 100%** 100%*** 100%**** 100%***** 100%***** 100%******
* Wholly owned subsidiaries of Persistent Systems, Inc., a wholly owned subsidiary of Persistent Systems Limited.
** Wholly owned subsidiaries of Persistent Systems Germany GmbH, a wholly owned subsidiary of Persistent Systems Limited.
*** Wholly owned subsidiaries of Parx Werk AG which is a wholly owned subsidiary of Persistent Systems Germany GmbH.
**** Wholly owned subsidiary of Aepona Holdings Limited which is a wholly owned subsidiary of Persistent Systems, Inc.
***** Wholly owned subsidiaries of Aepona Group Limited, which is a wholly owned subsidiary of Aepona Holdings Limited.
****** Wholly owned subsidiary of Valista Limited, which is a wholly owned subsidiary of Aepona Group Limited.
# Akshat Corporation (dba RGen Solutions) was a wholly owned subsidiary of Persistent Systems Inc. and was dissolved on December 21, 2018.
For and on behalf of the Board of Directors
Dr. Anand Deshpande
Chairman & Managing Director
DIN: 00005721
Kiran Umrootkar
Director
DIN: 00326672
Pune, April 27 2019
Sunil Sapre
Executive Driector and
Chief Financial Officer
DIN: 06475949
Amit Atre
Company Secretary
Membership No. A20507