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KPIT Technologies Ltd Capital/Financing Update 2025

Apr 14, 2025

59234_rns_2025-04-14_42f26779-f77d-4fb9-afde-e30f86f28c44.pdf

Capital/Financing Update

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==> picture [563 x 92] intentionally omitted <==

April 14, 2025

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: - Further Investment in KPIT engineering SUARL, Tunisia by KPIT Technologies GmbH, wholly owned step-down subsidiaries of the KPIT Technologies Limited (“KPIT India”)

Ref:Disclosure of events & information pursuant to Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

We wish to inform you that KPIT Technologies GmbH (“KPIT Germany”) (wholly owned step-down subsidiary) has invested EURO 1.37 million towards share capital of KPIT engineering SUARL, Tunisia (“KPIT Tunisia”) (wholly owned step-down subsidiary). The extract of increase in capital registration issued by Tunisian National Company Register, received by KPIT India on April 14, 2025.

Please note that, above transaction will not affect any business & will not have any impact on the financial reporting or operations etc. of the Company.

The details of disclosure pursuant to Para A of Part A of Schedule III of the Listing Regulations read with SEBI Circular dated November 11, 2024, are enclosed herewith as “Annexure-A”.

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: 2025.04.14 22:34:44 +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

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Sl Particulars Details
1 Name of the target entity, details
in brief such as size,turnover etc.
KPIT engineering SUARL (“KPIT Tunisia”)
(whollyowned step-down subsidiary)
2 Whether the acquisition would fall
within related party transaction(s)
and
whether
the
promoter/
promoter group/ group companies
have any interest in the entity
being acquired? If yes, nature of
interest and details thereof and
whether the same is done at
“arm’s length”
Promoter/
Promoter
Groups/
Group
Companies do not have any interest.
None of the KPIT Directors have any interest.
This transaction is Related Party Transaction
being wholly owned subsidiary of KPIT
Germany.
3 Industry to which the entity being
acquired belongs
Automotive
4 Objects and effects of acquisition
(including but not limited to,
disclosure
of
reasons
for
acquisition of target entity, if its
business is outside the main line
of business of the listed entity)
This is a nearshore development center for
Technica GmbH, who is the sole customer of
KPIT Tunisia and therefore, there is no impact
on consolidated Profit and Loss for the
Company.
5 Brief details of any governmental
or regulatory approvals required
for the acquisition
Not Applicable
6 Indicative
time
period
for
completion of the acquisition
Not Applicable
7 Consideration – whether cash
consideration or share swap or
any other form and details of the
same
100% Cash consideration
8 Cost of acquisition and/or the
price at which the shares are
acquired
EURO 1.37 million towards further investment
in share capital of KPIT Tunisia. 451,110 shares
are issued to KPIT Germany.
9 Percentage
of
shareholding
/
control acquired and / or number
of shares acquired
KPIT Tunisia is wholly owned subsidiary of the
KPIT Germany.
10 Brief background about the entity
acquired in terms of products/line
of business acquired, date of
incorporation, history of last 3
years turnover, country in which
the acquired entity has presence
and
any
other
significant
information (in brief).
KPIT engineering SUARL with its legal seat in
Sfax,
Tunisia
registered
with
National
company Register under 1823706N.
Date of Incorporation: 5thMay 2023
Turnover: Not Applicable
No of Employees: 574
Please note that, above transaction will not
affect any business & will not have any impact
on the financial reporting or operations etc. of
the Company.

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

O +91 20 6770 6000 E [email protected] W kpit.com

CIN: L74999PN2018PLC174192