Persistent Systems has informed that the necessary customary closing conditions with respect to the acquisition of MediaAgility Inc., USA and its subsidiaries in the UK, Mexico, and Singapore ('affiliates'), have been met or waived on May 4, 2022. Consequently, MediaAgility Inc., along with its affiliates has become Wholly Owned Subsidiaries of Persistent Systems Inc., USA, a wholly-owned subsidiary of Persistent Systems, with effect from May 4, 2022.
The above information is a part of company’s filings submitted to BSE.
