KPIT Technologies Ltd — M&A Activity 2025

Oct 10, 2025

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October 10, 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: - Update on Acquisition of Caresoft.

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

This is with reference to our intimation dated May 6, 2025, wherein we had informed about the acquisition of Caresoft (Caresoft Global Technologies, Inc. USA, Caresoft Engineering Services Limited, UK, CAREGLOTECH de RL de CV Mexico, OXI SRL Italy) for total consideration of up to US$191 Million. Further on August 8, 2025, we informed about the completion of customary closing conditions and overall changes in the macros business environment, the parties together renegotiated & finalized the total consideration amount for acquisition of Caresoft up to US$ 157 Million (including US$ 15 Million variable pay based on achievement of revenue and other business synergy milestones). In anticipation of the completion of the above transaction, KPIT Technologies Limited, India had infused EURO 28 million and USD 28 million towards equity share capital into KPIT Technologies (UK) Limited and KPIT Technologies Holding Inc, USA, respectively.

Thereafter on August 15, 2025, we have informed on satisfaction of conditions precedent, KPIT Technologies (UK) Limited and KPIT Technologies Inc, USA have paid the Initial Consideration of USD 51 million to acquire 100% Equity shares of Caresoft Global Technologies, Inc. USA, Caresoft Engineering Services Limited, UK and CAREGLOTECH de RL de CV Mexico.

Now we wish to inform you that, KPIT Technologies (UK) Limited has paid USD 6 million for acquiring 100% equity shares of OXI SRL Italy.

Kindly take the same on your records.

Thanking you.

Yours faithfully,

For KPIT Technologies Limited

ASHISH Digitally signed by ASHISH MALHOTRA MALHOTRA Date: 2025.10.10 19:56:18 +05'30'

Ashish Malhotra General Counsel & Company Secretary

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