KPIT Technologies Ltd — Regulatory Filings 2025

Jan 29, 2025

KP 11·

January 29, 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: - Disclosure of events & information pursuant to Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Outcome of the Board Meeting held on January 29, 2025

Time of commencement of the Board Meeting: 9.15 am 1ST. Time of conclusion of the Board Meeting: 12.20 pm 1ST.

We wish to inform you t hat the Board of Directors of the Company, at their meeting held t oday through video conferencing, int er alia, has approved the following: -

1. Un-audited Consolidated Financial Results and Standalone Financial Results for the quarter and nine months ended December 31, 2024.

An unqualified opinion has been issued by the Statutory Auditor on said Financial Results.

2. Interim Dividend for the financial year 2024-25.

Interim Dividend of Rs. 2.50/- per equity share (i.e. 25%) of face value of Rs. 10/- each, for the fi nancial year 2024- 25 to be paid to t he members of the Company wit hin sti pulated t ime as per the provisions of Companies Act, 2013, and the Rules m ade thereunder.

The record date for paym ent of said interim dividend will be Tuesday, February 4, 2025.

Please find the information in terms of Regulation 42 of the SEBI (LODR) Regulations, 2015 enclosed in "Annexure A".

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1. Appointment of Mr. Ramesh Raskar (DIN: 10870313) as an Additional & Independent Director, with effect from January 29, 2025.

Mr. Ramesh Raskar has extensive experience and innovative contributions in technology & health-tech, including Leadership roles at MIT Media Lab and Facebook, along with his numerous patents and prestigious awards, his proven ability to drive technological advancements and strategic initiatives aligns wit h Companies goals.

The brief profi le of Mr. Raskar is as follows:

Mr. Ramesh Raskar is the Associate Director of MIT Media Lab, Assoc. Prof. at MIT and director of the Camera Culture group at MIT Media Lab. At MIT, his co-inventions include Camera to see around corners, femto-photography, automated machine learning (auto-ML), private ML (split-learning), low-cost eye care devices (Netra, Catra, EyeSelfie), a novel CAT-Scan machine, motion capture (Prakash), long distance barcodes (Bokode), 3D interaction displays (BiDi screen), new theoretical models to augment light f ields (ALF) to represent wave phenomena and algebraic rank constraints for 30 displays (HR3D).

In his recent role at Facebook, he launched and led innovation team s in Digital Health, Health-tech, Satellite Imaging, TV bandwidth for Connectivity, VR/ AR and 'Emerging Worlds' initiative for FB. His new focus is on building world-scale interfaces between societal systems and cyber-physical systems. They span research in physical (e.g., sensors, health-tech), digital (e.g., automating machine learning) and global (e.g., geomaps, autonomous mobility) domains.

He received the Lemelson Award 2016, ACM SIGGRAPH Achievement Award 2017, Technology Review TR100 award 2004, Global Indus Technovator Award, top 20 Indian technology innovators worldwide 2003, Alfred P. Sloan Research Fellowship award 2009 and Darpa Young Faculty award 2010. Others include Marr Prize honorable mention 2009, LAUNCH Health Innovation Award, presented by NASA, USAID, US State Dept+ NIKE, 2010, Vodafone Wireless Innovation Award (first place) 2011. He has received four Mitsubishi Electric Invention Awards. His work has appeared in NYTimes, WSJ, CNN, BBC, New Scientist, Technology Review etc. He holds 125+ US patents. Patent impact and timeline analysis.

Further, Mr. Raskar has declared that he is not debarred from accessing capital markets and/or restrained from holding any posit ion/office of director in a company pursuant to order of SEBI or any other such authority.

Please find the information in terms of SEBI Circular no. SEBI/ HO/CFD/Po02/ CIR/P/0155 dated November 11, 2024, enclosed in "Annexure B'~

KP 11·

• KP 11·
• 1. Appointment of Mr. Nishant Batra (DIN: 10913778) as an Additional & Independent Director, with effect from January 29, 2025.

Mr. Batra has experience in strategic leadership in technology and telecommunications, digital transformation, and cybersecurity, including his role as Chief Strategy & Technology Officer at Nokia, along w ith his successful tenure at Ericsson and Veoneer. His proven ability to drive technological advancements, optimize assets, and lead largescale projects aligns with Companies goals.

The brief profile of Mr. Batra is as follows:

Nishant Batra is a technology expert with extensive experience in strategic leadership and innovation. He currently serves as the Chief Strategy & Technology Officer at Nokia, overseeing group strategy, technology investment s, research, digital operations, and cybersecurity. His role also includes managing corporate venture capital assets and strategic partnerships.

Previously, Mr. Batra held key positions at Veoneer as EVP & Chief Technology Officer, where he was responsible for product lines, engineering, and innovation. He also played a pivotal role in the creation and successful acquisition of Arriver by Qualcomm. At Ericsson, Mr. Batra led the Wireless Infrastructure business, achieving substantial market share growth and operational efficiency. He has a proven track record in managing large- scale projects and driving technological advancements. Mr. Nishant Batra holds an MBA from INSEAD and a Master of Science in Telecommunications and Computer Science from Southern Methodist University. He has been recognized with multiple awards for his contributions to the industry and holds several patents in L TE technology.

Further, Mr. Batra has declared that he is not debarred from accessing capital markets and/or restrained from holding any position/office of director in a company pursuant to order of SEBI or any other such authority.

Please find the information in terms of SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/ 0155 dated November 11, 2024, enclosed in "Annexure C'~

Un-audited Consolidated Financial Results and Standalone Financial Results for the quarter and nine months ended December 31, 2024, along with Limited Review Reports thereon and Investor Update are being sent separately.

Kindly take the same on your records.

Thanking you.

Yours faithfully, For KPIT Technologies Limited

^~ - Nida Deshpande Company Secretary & Compliance Officer

I KPIT Technologies Ltd. Registered & Corporate Office: Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Taluka- Mulshi, Hinjawadi, Pune-411057, India. CIN: L74999PN2018PLC174192

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KP 11·

Annexure A

Particulars	Details
Series	Equity (EQ)
Book Closure/ Record date	Record date
Record date	Tuesday, February 4, 2025
Book Closure	Not Applicable
Purpose	Payment of Interim Dividend for the Financial Year 2024-25.
Corporate Action	Interim Dividend
Dividend Per Share	Rs. 2.50/- (Rupees Two and fifty paisa only)
Dividend Type	Interim Dividend
Payment Date	The Interim Dividend approved by the Board on of Directors at its Meeting held Wednesday, January 29, 2025, will be paid to Members the Company within of statutory timelines as per the Companies Act, 2013.
Dividend for the Financial Year from	April 1, 2024
Dividend for the Financial Year to	March 31, 2025

	Annexure B
Sr. No.	Particulars	Mr. Ramesh Raskar
1	reason for change viz. appointment	Appointment as Additional & Independent Director
2	date of appointment (as applicable) & term of appointment	• Mr. Ramesh Raskar has been appointed as Additional & Independent Director with effect from January 29, 2025. • Term of appointment: 3 consecutive years from date of appointment i.e. January 29, 2025, to January 28, 2028, subject to approval of Shareholders.
3	Brief Profile (in case of appointment)	As Given above
4	For the Appointments given above Disclosure of relationships between directors (in case of appointment of a director)	ot Applicable.

I

0 +91 20 6770 6000 E lnfo@kpit.com

KP 11·

Annexure C

Sr. No.	Particulars	Mr. Nishant Batra
1	reason for change viz. appointment	Appointment as Additional & Independent Director
2	date of appointment (as applicable) & term of appointment	• Mr. Nishant Batra has been appointed as Additional & Independent Director w ith effect from January 29, 2025. • Term of appointment: 3 consecut ive years from date of appointment i.e. January 29, 2025, to January 28, 2028, subject to approval of Shareholders.
3	Brief Profile (in case of appointment)	As Given above
4	For the Appointments given above Disclosure of relationships between directors (in case of appointment of a director	Not Applicable.

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