KPIT Technologies Ltd — Regulatory Filings 2021

May 18, 2021

May 18, 2021

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001.

Scrip ID: KPITTECH Scrip Code: 542651 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, Department of Corporate Services Kind Attn: The Manager, Listing Department

Subject: Disclosure of Related Party Transaction for the half year ended March 31, 2021

Dear Sir / Madam,

This is to inform you that pursuant to Regulation 23 (9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Disclosure of Related Party Transactions, on a consolidated basis for the half year ended March 31, 2021.

Kindly take the same on your records.

Thanking you.

Yours faithfully,

For KPIT Technologies Limited

Nida Deshpande Company Secretary & Compliance Officer

Encl: As mentioned above

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

A.	Relationship between the parent and its subsidiaries		% voting power held
Sr.	Name of the subsidiary	Country of Incorporation	As at
No			31 March 2021
	Direct subsidiaries
1	KPIT Technologies (UK) Limited	United Kingdom	100
2	KPIT (Shanghai) Software Technology Co. Limited	China	100
3	KPIT Technologies Netherlands B.V	Netherlands	100
4	Impact Automotive Solutions Limited	India	100
5	KPIT Technologies Pte Ltd.	Singapore	100
6	KPIT Technologies Holding Inc.	United States of America	100
7	KPIT Technologias Ltda (erstwhile MicroFuzzy KPIT Tecnologia	Brazil	99.9
	Ltda)
8	KPIT Technologies GK	Japan	100
	Indirect subsidiaries
9	Technologies GmbH, Germany (Subsidiary of KPIT KPIT	Germany	100
	Technologies (UK) Limited)
10	KPIT Technologies Inc. (Subsidiary of KPIT Technologies Holding Inc.)	United States of America	100
11	Industrie-Elektronic GmbH (Subsidiary of KPIT MicroFuzzy	Germany	95
	Technologies GmbH, Germany)
12	ThaiGerTec Co. Ltd. (Subsidiary of KPIT Technologies (UK) Limited w.e.f. 1 April 2019)	Thailand	98.37
	Joint venture
12	Yantra Digital Services Private Limited	India	45

B. List of Key Management Personnel

Key Management Personnel (KMP)	Mr. S.B.(Ravi) Pandit	Executive Director (w.e.f. 16 January 2019 till 28 March
		2020)
		Non-Executive Director (w.e.f. 29 March 2020)
	Mr. Kishor Patil	Executive Director
	Mr. Sachin Tikekar	Executive Director
	Mr. Anant Talaulicar	Independent Director
	Mr. B V R Subbu	Independent Director
	Prof. Alberto Sangiovanni Vincentelli Independent Director
	Dr. Klaus Blickle	Non-Executive Director (resigned w.e.f. 15 May 2019)
	Mr. Nickhil Jakatdar	Independent Director
	Ms. Shubhalakshmi Panse	Independent Director
	Mr. Rohit Saboo	Nominee Director (resigned w.e.f. 1 February 2020)
	Mr. Rafi Maor	Independent Director (w.e.f. 23 October 2019)
	Mr. Vinit Teredesai	Chief Financial Officer (upto 12 June 2020)
	Ms. Priyamvada Hardikar	Chief Financial Officer (w.e.f. 12 June 2020)
	Ms. Nida Deshpande	Company Secretary

C. List of other related parties with whom there are transactions:

Relative of KMP	Mr. Chinmay Pandit
	Ms. Jayada Pandit
	Ms. Anupama Kishor Patil
	Ms. Hemlata Shende
	Ms. Manasi Patil
	Ms. Nirmala Shashishekhar Pandit
Enterprise over which KMP have	KP Corporate Solutions Limited
significant influence	Proficient FinStock LLP
	Sentient Labs Private Limited
	Kirtane & Pandit LLP, Chartered Accountants, Pune
	K & P Management Services Private Limited
	KP Capital Advisors Private Limited

D. Transactions with related parties

	No. Name of Related party	31 March 2021
		Amount of transactions during October 2020 to March 2021	Balance as on 31 March 2021 Debit/(Credit)
1	Mr. S. B. (Ravi) Pandit
	Short term employee benefits	NIL	NIL
	Post employment benefits	4.01	NIL NIL
	Dividend paid Reimbursement of Expenses	NIL NIL	NIL
2	Mr. Kishor Patil
	Short term employee benefits	24.38	NIL
	Post employment benefits	0.68	NIL
	Perquisites	0.01	NIL
	Repayment of loan granted	1.78	NIL
	Interest received	0.03	NIL
	Dividend paid	NIL	NIL
	Reimbursement of expenses (net)	0.04	NIL
3	Mr. Sachin Tikekar
	Short term employee benefits	22.80	NIL
	Post employment benefits	0.22	NIL
	Dividend paid	NIL	NIL
	Reimbursement of expenses (net)	0.10	(0.00)*
4	Mr. Anant Talaulicar
	Commission paid	NIL	NIL
	Sitting Fees	0.12	NIL
5	Mr. B V R Subbu
	Commission paid	NIL	NIL
	Sitting Fees	0.12	NIL
6	Ms. Shubhalakshmi Panse
	Commission paid	NIL	NIL
7	Sitting Fees Mr. Rohit Saboo	0.11	NIL
	Commission paid	NIL	NIL
8	Dr. Klaus Blickle
	Commission paid	NIL	NIL
9	Mr. Nickhil Jakatdar
	Commission paid	NIL	NIL
	Sitting Fees	0.03	NIL
	Reimbursement of expenses (net)	NIL	NIL
	Transactions with Key Management Personnel
10	Prof. Alberto Sangiovanni Vincentelli
	Commission paid	NIL	NIL
	Reimbursement of expenses (net)	NIL	0.00*
	Sitting Fees	0.03	NIL
11	Mr. Rafi Maor
	Commission paid	NIL	NIL
	Sitting Fees	NIL	NIL
	Reimbursement of expenses (net)	NIL	NIL
12	Mr. Vinit Teredesai
	Short term employee benefits	NIL	NIL
	Post employment benefits	NIL	NIL
	Reimbursement of expenses (net)	NIL	NIL
	Share based compensation	NIL	NIL
13	Ms. Priyamvada Hardikar
	Short term employee benefits	4.21	NIL
	Post employment benefits	0.10	NIL
14	Share based compensation Ms. Nida Deshpande	1.14	NIL
	Short term employee benefits	1.19	NIL
	Post employment benefits	0.03	NIL
	Reimbursement of expenses (net)	NIL	NIL
	Share based compensation	0.23	NIL

Mr. Chinmay Pandit 1 Short term employee benefits 3.44 NIL Post employment benefits 0.08 NIL NIL Dividend paid NIL NIL Reimbursement of expenses (net) NIL Ms. Jayada Pandit 2 Short term employee benefits 0.95 NIL Post employment benefits 0.03 NIL Ms. Anupama Kishor Patil 3 NIL Dividend paid NIL Ms. Hemlata Shende 4 NIL Dividend paid NIL Ms. Manasi Patil 5 Short term employee benefits 0.95 NIL Post employment benefits 0.03 NIL NIL Dividend paid NIL NIL Reimbursement of expenses (net) NIL Ms. Nirmala Shashishekhar Pandit 6 NIL Dividend paid NIL Transactions with enterprise over which Key Management Personnel have significant influence Kirtane & Pandit LLP 1 Professional fees 0.85 NIL K & P Management Services Private Limited 2 NIL Dividend paid NIL KP Capital Advisors Private Limited 3 Professional fees 0.08 NIL KP Corporate Solutions Limited 4 Professional fees 4.27 (0.10) 5 Proficient FinStock LLP (137.44) Advance received (net) NIL NIL Dividend paid NIL Sentient Labs Private Limited 6 Advance received (net) 17.52 (17.52) Reimbursement of expenses (net) 87.30 Transactions with joint venture Yantra Digital Services Private Limited 1
	Purchase of component	NIL	(9.20)
NIL Transfer of payroll liabilities NIL
NIL Loan given NIL

* Since denominated in ₹ millions