KPIT Technologies Ltd — Capital/Financing Update 2024

Oct 9, 2024

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October 09, 2024

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

Dear Sir / Madam,

Subject: - Update on Strategic investment in N Dream AG.

• Reference: - Disclosure of events & information pursuant to Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (“Listing Regulations”)

This is with reference to our earlier intimation dated November 9, 2023, regarding approval of the Board of Directors of the Company for the Strategic investment of 13% in N - Dream AG (N-Dream). Further on July 24, 2024, we had informed about further acquisition of 13% shareholding in (N-Dream) to take the total shareholding of KPIT to 26% in 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 now that, the Company has acquired said additional 13% shareholding in N-Dream for cash consideration as below post completion of all closing conditions:

• Euro 2.3 million as primary investment and

• Euro 0.7 million as secondary investment

With this additional share purchase, KPIT continues to hold minority and non-controlling equity holding in N-Dream.

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: 2024.10.09 08:55:44 +05'30'

Nida Deshpande

Company Secretary & Compliance Officer

KPIT Technologies Limited

O +91 20 6770 6000 E info@kpit.com W kpit.com

Registered & Corporate Office: Plot No. 17, Rajiv Gandhi Infotech Park, MIDC-SEZ, Phase-III, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India. CIN: L74999PN2018PLC174192