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KPIT Technologies Ltd Regulatory Filings 2020
59234_rns_2020-10-30_28749478-4a56-4d5e-903e-6133dcafc14c.pdf
Regulatory Filings
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October 30, 2020
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
Subject: - Reporting under SEBI Circular No. SEBI/HO/ISD/ISD/CIR/P/2020/135, dated July 23, 2020
Dear Sir / Madam,
We wish to inform you that pursuant to SEBI Circular No. SEBI/HO/ISD/ISD/CIR/P/2020/135 dated July 23, 2020, details of non‐adherence of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the KPIT Technologies Limited - Code for Prevention Of Insider Trading by Designated Person & action taken by the Company thereon are enclosed as "Annexure A" to this letter.
We would like to submit that the reported non‐adherence was inadvertent and without mala fide intention.
Kindly take the same on your records.
Thanking you.
Yours faithfully,
For KPIT Technologies Limited (Formerly KPIT Engineering Limited)
Nida Deshpande Company Secretary & Compliance Officer
O +91 20 6770 6000 E [email protected]
Report by KPIT Technologies Limited for violations related to Code of Conduct under SEBI (Prohibition of Insider Trading) Regulations, 2015.
[For listed company: Schedule B read with Regulation 9 (1) of SEBI (Prohibition of Insider Trading) Regulations, 2015
Annexure A
| SrNo | Particulars | Details |
|---|---|---|
| 1 | Nameofthelistedcompany/Intermediary/Fiduciary | KPIT Technologies Limited |
| 2 | Please tick appropriate checkboxReporting in capacity of:✔ Listed CompanyIntermediaryFiduciary | Listed Company |
| A. Details of Designated Person (DP) | ||
| i.Name of the Designated Person (DP) | Mr. Nilesh Katerpawar | |
| ii.PAN of the DP | AZXPK5245R | |
| iii.Designation of DP | Associate Manager | |
| iv.Functional Role of DP | Corporate Accounts & Finance | |
| 3 | v.Whether DP is Promoter/PromoterGroup/holding CXO level position(e.g. CEO, CFO, CTO etc.) | No |
| B. If Reporting is for immediate relativeof DP | Not Applicable | |
| i.Name of the immediate relative ofDP | NA | |
| ii.PAN of the immediate relative of DP | NA | |
| C. Details of transaction(s) | ||
| i.Name of the scrip | KPITTECH | |
| ii.No. of shares traded and value (Rs.)(Date- wise) | Purchase of 1,600 Share on August 18,2020 amounting to Rs. 1,22,113.78 | |
| Sold 1,600 Shares on September 23, 2020amounting to Rs. 1,82,415.83 |
O +91 20 6770 6000
W kpit.com
| D. In case value of trade(s) is more thanRs.10 lacs in a calendar quarteri.Date of intimation of trade(s) byconcerned DP/director/promoter/promoter group to Company underregulation7ofSEBI(PIT)Regulations, 2015 | Not Applicable | |
|---|---|---|
| ii.Date of intimation of trade(s) byCompany to stock exchanges underregulation7ofSEBI(PIT)Regulations, 2015 | ||
| 4 | Details of violations observed underSEBI (Prohibition of Insider Trading)Regulations, 2015 | Designated Person ('DP') has executed acontra trade within a period of 6 months. |
| 5 | Action taken by Listed company/Intermediary/ Fiduciary | InlightoftheviolationoftheInsider Trading Code as set out in point4above,theAuditCommitteediscussedthismatter at its meetingheld on October 21, 2020.PursuanttothedirectionsreceivedfromtheAuditCommittee,theCompliance Officerinitiated disciplinaryaction against the DP by disgorging profitof Rs. 60,302 although it was inadvertentandwithoutmala-fideintention.Further,theCompliance Officeralsoimposed late payment fees of Rs. 30 for1 day delayed transfer of profit (interest islevied at 18% p.a.).ItwasfurtherinformedtotheconcernDPthat,forfuturecontraventions ifany,stringentactionwill be taken against him. |
| 6 | Reasons recorded in writing for takingaction stated above | Same as above (5) |
| 7 | Details of the previous instances ofviolations, if any, since last financialyear | Not Applicable |
O +91 20 6770 6000
E [email protected] W kpit.com
| 8 | If any amount collected for Code of Conduct violation(s) | ||
|---|---|---|---|
| i. Mode of transfer to SEBI - IPEF (Online/Demand Draft) | |||
| ii. Details of transfer/payment | |||
| In case of Online: | |||
| Particulars | Details | ||
| Name of the transferor | KPIT Technologies Limited | ||
| Bank Name, branch andAccount number | HDFC Bank LimitedBhandarkar Road, Pune-411004,MaharashtraBank A/c No. 57500000310680 | ||
| UTR/Transaction referenceNumber | N303201289460114 | ||
| Transaction date | October 29, 2020 | ||
| Transaction Amount (in Rs.) | Rs. 60,332/- | ||
| In Case of Demand Draft | |||
| Particulars | Details | ||
| Bank Name and branch | |||
| DD Number | |||
| DD dateDD amount (in Rs.) | |||
| 9 | Any other relevant information | Not Applicable |
For KPIT Technologies Limited
(Formerly KPIT Engineering Limited)
Nida Deshpande Company Secretary & Compliance officer Email id: [email protected]
Date: October 30, 2020 Place: Pune
O +91 20 6770 6000 E [email protected]
W kpit.com