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Annual Report 2016-17

67

Name of the Entity and

Country of incorporation

Status

Period of

Establishment/

Acquisition

Total Income

Net Proot/(Loss)

As on March

31, 2017

As on March

31, 2016

As on March

31, 2017

As on March

31, 2016

Aepona Holdings /imited,

Ireland

Step-down

subsidiary

(:holly Owned

Subsidiary

of Persistent

Systems, Inc.)

October 2015*

-

-

-

-

Aepona Group /imited,

Ireland

Step-down

subsidiary

(:holly Owned

Subsidiary

of Aepona

Holdings

/imited)

October 2015*

-

-

-

-

Valista /imited,

Ireland

Step-down

subsidiary

(:holly Owned

Subsidiary of

Aepona Group

/imited)

October 2015*

21.43

13.38 (421.08)

#

2.58

Aepona /imited,

UK

Step-down

subsidiary

(:holly Owned

Subsidiary of

Aepona Group

/imited)

October 2015*

605.76

472.99

(178.21)

76.75

Aepona Software

(Private) /imited,

Sri /ankaA

Step-down

subsidiary

(:holly Owned

Subsidiary of

Valista /imited)

October 2015*

260.43

124.11

22.77

7.21

Valista Inc. USA

(Dissolved on

June 28, 2016)

Step-down

subsidiary

(:holly Owned

Subsidiary of

Valista /imited)

October 2015*

0.93

0.79

0.79

0.18

CloudSquads, Inc., USA

(Dissolved on

December 29, 2015)

Step-down

subsidiary

(:holly Owned

Subsidiary

of Persistent

Systems, Inc.)

February 2014*

-

46.07

-

(5.46)

Klisma e-Services Private

/imited, India

Associate

Company

March 2012

_

_

_

_

* Period of Establishment/ Acquisition mentioned above is the period in which the entities are acquired by your Company directly or

through its subsidiaries.

# Includes loss on dissolution of subsidiary

`

409.06 Million

A The Name has been changed to 'Persistent Systems /anka (Private) /imited' as on May 19, 2017.

The Policy for determining material subsidiaries of your Company is available on your Company’s website at

https://www.persistent.com/investors/policy-on-material-subsidiary/