KPIT Technologies Ltd — Regulatory Filings 2023

Apr 26, 2023

KP 11·

April 26, 2023

BSE Limit ed 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, Sandra - Kurla Complex, Bandra (E), Mumbai - 400051.

Symbol: KPITTECH Series: EQ

Kind Att n: The Manager, Listing Department

Subject: - Outcome of t he Board Meeting commenced on April 25, 2023 (at 5.15 pm) and concluded today, i.e. on April 26, 2023 (at 1.15 pm)

Dear Sir/ Madam,

We wish to inform you that the Board of Directors of the Company, at its meeting concluded today, inter alia, has approved the following: -

• a. Audited Standalone Financial Results and Consolidated Financial Results for the quarter and year ended March 31, 2023.
• b. Audited Standalone Financial Statements and Consolidated Financial Statements for the year ended March 31, 2023.
• c. Recommendation of Final Dividend at Rs. 2.65/- per equity share of Rs. 10/- each (26.5%) for FY 2022-23, subject to declaration of t he same by members at the ensuing Annual General Meeting ("AGM") of the Company to be held within the stipulated timeline as per the Companies Act, 2013 and the Rules made thereunder. The dividend, if declared by the members at the AGM will be paid w ithin the statutory timeline as per the Companies Act, 2013 & the Rules made thereunder.

The record date for the purpose of payment of the final dividend will be determined later and will be communicated to the stock exchanges separately.

d. Re-appointment of M/s. B S R & Co. LLP, Chartered Accountants [ICAI Firm's Registration No. 101248W/W-100022] as Statutory Auditors of the Company for the consecutive second term of five years from the conclusion of 6th Annual General Meeting to be held in the year 2023, subject to approval of the Members.

The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/ 4/ 2015 dated 9th September 2015 are given in "Annexure A" to this letter.

0 +91 20 6770 6000 E info@kpit.com W kpit.com

The Statutory Auditors of the Company have issued audit reports with unmodified opinion on the financial Statement.

Audited Consolidated Financial Results and Standalone Financial Results for the quarter and year ended March 31, 2023, along with Auditors Report thereon, Declaration relating to the Unmodified Opinion by the Statutory Auditors on the aforementioned Financial Results and investor update are being sent separately.

Kindly take the same on your records.

Thanking you.

Yours faithfully,

For KPIT Technologies Limited

I KPIT Technologies Ltd. (Formerly KPIT Engineering Ltd.) Registered & Corporate Office: Plot 17, Raj iv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India. CIN: U749 99PN2018PLC174192

0 +91 20 6770 6000 E info@kpit.com W kpit.com

KP 11·

KP 11·

.. Annexure A

Sr. No	Particulars	Details
1	for Reason change viz. Reappointment.	M/s. BS R & Co. LLP, Chartered Accountants ("BSR") [ICAI Firm's Registration No. 101248W/W-100022] were appointed as a first Statutory Auditors of the Company in the Annual General Meeting (AGM) held in year 2018 till the conclusion of AGM to be held in year 2023.
		The Board of Directors, on the recommendation of the Audit Committee and after evaluating and considering various factors recommended to re appoint BSR as Statutory Auditors for further period of five years.
2	of Term and Date Appointment	Re- appointment as Statutory Auditors for a second term of five years from the conclusion of 6t h AGM t o be held in the year 2023, subject to approval of the Members.
3	Brief Profile	B S R & Co. was constituted on March 27, 1990, as a firm partnership having f irm registration no. 101248W. It was converted into Limit ed Liability Partnership i.e., BSR M/s. B S R & Co. LLP ("BSR") on October 14, 2013, thereby having a new firm registration no. 101248W/W-100022. The registered office of the firm is at 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Centre, Western (East), Express Highway, Goregaon 400063. BSR is a member entity of B S R Mumbai- & Affiliates, a network registered with the Institute of Chartered Accountants of India. BSR is registered in Mumbai, Gurgaon, Bangalore, Kolkata, Hyderabad, Pune, Chennai, Chandigarh, Ahmedabad, Vadodara, Naida, Jaipur and Kochi. BSR has 3000+ staff and 100+ Partners.

KPIT Technologies Ltd. 0 +91 20 6770 6000 ^Einfo@kpit.com Registered & Corporate Office: Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC- SEZ, Phase-Ill, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India. CIN: L74999PN2018PLC174192 w kpit.com