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KPIT Technologies Ltd — Capital/Financing Update 2023
Dec 22, 2023
59234_rns_2023-12-22_bb83b145-a387-4640-9215-8fceeb93d72f.pdf
Capital/Financing Update
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December 22, 2023
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001.
Scrip ID: KPITTECH Scrip Code: 542651 Kind Attn: The Manager, Department of Corporate Services
National Stock Exchange of India Ltd., Exchange Plaza, C/1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai – 400051.
Symbol: KPITTECH Series: EQ Kind Attn: The Manager, Listing Department
- Sub: Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Further update on Acquisition of N-Dream AG
Dear Sir / Madam,
This is with reference to our earlier intimation dated November 09, 2023, pursuant to which we had informed that Board of Directors of the Company had approved the initial strategic acquisition of 13% shareholding in N-Dream AG (N-Dream), a Cloud based Game Aggregation Platform company, based in Switzerland, with an option to increase the shareholding further.
In this connection, we wish to inform you that, the Company has acquired 13% shareholding in N-Dream for consideration as below post completion of all closing conditions:
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Euro 2.7 million as primary investment and
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Euro 0.3 million as secondary investment
Kindly take the same on your records.
Thanking you.
Yours faithfully,
For KPIT Technologies Limited
DESHPANDE Digitally signed by DESHPANDE NIDA YUNUS NIDA YUNUS Date: 2023.12.22 18:32:29 +05'30' Nida Deshpande Company Secretary & Compliance Officer
O +91 20 6770 6000 E [email protected] W kpit.com
KPIT Technologies Limited Registered & Corporate Office: Plot No. 17, Rajiv Gandhi Infotech Park, MIDC-SEZ, Phase-III, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India. CIN: L74999PN2018PLC174192