KPIT Technologies Ltd — Regulatory Filings 2026

Jan 17, 2026

KP 11·

January 17, 2026

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: - Receipt of requests from Two promoters of the Company for reclassification from 'Promoter' Category to 'Public' Category.

Reference: - Disclosure under Regulation 31A(8)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations).

This is in to inform you that the Company has received request from Two promoters (Mr. Ajay Bhagwat & Ms. Ashwini Bhagwat) of the Company for reclassification from 'Promoter' Category to 'Public' Category holding total 2,24,68,839 Shares i.e. 0.82 % of total share capital of the Company.

Please find below details of Promoter & Promoter Group holding of the Company as on December 31, 2025.

Promoter	Number of Shares	% as to total Capital
		of Company
Proficient Finstock LLP	8,88,61,500	32.41
Kishor Parshuram Patil	1,33,85,605	4.88
Anupama Kishor Patil	1,16,330	0.04
Shashishekhar Balkrishna Pandit	10,30,306	0.38
Nirmala Shashishekhar Pandit	2,39,000	0.09
Chinmay S Pandit	38,620	0.01
Hemlata A Shende	10,000	0.00
Sachin Dattatraya Tikekar	7,41,150	0.27
K And P Management Services Pvt Ltd	3,00,910	0.11
Shrikrishna Manohar Patwardhan	11,00,000	0.40
Ajay Shridhar Bhagwat (Outgoing Promoter)	22,03,539	0.80
Ashwini Ajay Bhagwat jointly held with Ajay Shridhar Bhagwat	43,300	0.02
(Outgoing Promoter)
Total Promoter holding before reclassification	10,80,70,260	39.42

A Copy of the request letters received from both promoters is enclosed with this letter.

The above reclassification shall require the approval of the Board of Directors of the Company & both the stock exchanges i.e. BSE Limited & National Stock Exchange of India Limited.

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

A copy of this disclosure is also available on the website of the Company at https://www.kpit.com/investor-gov/

Kindly take the same on your records.

Thanking you.

Yours faithfully,

For KPIT Technologies Limited ASHISH MALHOTRA Digitally signed by ASHISH MALHOTRA Date: 2026.01.17 19:03:04 +05'30'

Ashish Malhotra General Counsel & Company Secretary

Enclosed

Copy of Request letters received from Outgoing Promoter (Mr. Ajay Bhagwat & Ms. Ashwini Bhagwat)

O +91 20 6770 6000

Date: January 17, 2026

To, The Board of Directors KPIT Technologies Limited Plot No. 17 MIDC-SEZ, Phase-Ill Rajiv Gandhi lnfotech Park, Hinjawadi Pune - 411057

Subject: Request for reclassification under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") from the 'Promoter and Promoter Group' category to 'Public' category of KPIT Technologies Limited ("the Company")

Dear Sir/ Madam,

• 1. Presently, the Company lists me as a Promoter under the "Promoter and Promoter Group" category while filing disclosures with BSE Limited and National Stock Exchange of India Limited (collectively, "Stock Exchanges").
• 1. I hereby confirm that I am not associated with the business of the Company in any manner whatsoever and do not exercise any control over the Company, directly or indirectly, and do not have any influence over the business and policy decisions made by the Company. Further, I am not involved in the day-to-day activities of the Company.
• 1. I hereby confirm that I am eligible for such reclassification as public shareholders and satisfy the conditions set out in regulation 31A of the Listing Regulations and any other applicable law.

In accordance with Regulation 31A(3)(b), of the Listing Regulations, I confirm that i am and the persons related to me (as defined by sub-clause (i), and (ii) of subclause (pp) of sub-regulation (1) of Regulation 2 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018):

• i. together, do not hold more than 10 (ten) percent of the total voting rights of Company;
• ii. do not exercise control over the affairs of the Company, whether directly or indirectly;
• iii. do not have any special rights with respect to the Company through formal or informal arrangements, including through any shareholder agreements;
• iv. are not represented in any capacity on the board of directors of the Company (including through any nominee director);
• v. are not acting as key managerial personnel in the Company;
• vi. are not 'wilful defaulters' as per the Reserve Bank of India guidelines; and
• vii. are not fugitive economic offenders.
• 1. I also undertake to abide by the conditions listed in Regulation 31A(4) of the Listing Regulations after reclassification as public shareholders of the Company pursuant to the approval of such reclassification by the Company and the Stock Exchanges,

failing which, I shall automatically be reclassified as promoters/ persons belonging to the promoter group, as applicable.

• 1. I am requesting you to consider and approve application for reclassification from the 'Promoter and Promoter Group' category to the 'Public' category of shareholders of the Company. Further, I am requesting that the required applications be made to Stock Exchanges to give effect to the reclassification in accordance with Regulation 31A of the Listing Regulations.
• 1. My Shareholding in the Company as on date of Application is as below;

Promoter	Number of Shares	% as to total Capital of Company
_ _ Ajay Shridhar Bhagwat (Outgoing Promoter)	I _ ___.__ ~ 22,03,539 ----	L _ 0.80 -

Yours Sincerely,

⁰fboL ---------------

Ajay Shridhar Bhagwat Promoter

Date: January 17, 2026 •

To, The Board of Directors KPIT Technologies Limited Plot No. 17 MIDC-SEZ, Phase-Ill Rajiv Gandhi lnfotech Park, Hinjawadi Pune - 411057

Subject: Request for reclassification under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") from the 'Promoter and Promoter Group' category to 'Public' category of KPIT Technologies Limited ("the Company")

Dear Sir/ Madam,

• 1. Presently, the Company lists me as a Promoter under the "Promoter and Promoter Group" category while filing disclosures with BSE Limited and National Stock Exchange of India Limited (collectively, "Stock Exchanges").
• 1. I hereby confirm that I am not associated with the business of the Company in any manner whatsoever and do not exercise any control over the Company, directly or indirectly, and do not have any influence over the business and policy decisions made by the Company. Further, I am not involved in the day-to-day activities of the Company.
• 1. I hereby confirm that I am eligible for such reclassification as public shareholders and satisfy the conditions set out in regulation 31A of the Listing Regulations and any other applicable law. In accordance with Regulation 31A(3)(b), of the Listing Regulations, I confirm that i am and the persons related to me (as defined by sub-clause (i), and (ii) of sub-

clause (pp) of sub-regulation (1) of Regulation 2 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018):

• i. together, do not hold more than 10 (ten) percent of the total voting rights of Company;
• ii. do not exercise control over the affairs of the Company, whether directly or indirectly;
• iii. do not have any special rights with respect to the Company through formal or informal arrangements, including through any shareholder agreements;
• iv. are not represented in any capacity on the board of directors of the Company (including through any nominee director);
• v. are not acting as key managerial personnel in the Company;
• vi. are not 'wilful defaulters' as per the Reserve Bank of India guidelines; and
• vii. are not fugitive economic offenders.
• 1. I also undertake to abide by the conditions listed in Regulation 31A(4) of the Listing Regulations after reclassification as public shareholders of the Company pursuant to the approval of such reclassification by the Company and the Stock Exchanges,

failing which, I shall automatically be reclassified as promoters/ persons belonging to the promoter group, as applicable.

• 1. I am requesting you to consider and approve application for reclassification from the 'Promoter and Promoter Group' category to the 'Public' category of shareholders of the Company. Further, I am requesting that the required applications be made to Stock Exchanges to give effect to the reclassification in accordance with Regulation 31A of the Listing Regulations.
• 1. My Shareholding in the Company as on date of Application is as below;

Promoter	Number Shares	of % as to total Capital of Comoanv
Ashwini Ajay Bhagwat jointly held with Ajay Shridhar Bhagwat (Outgoing Promoter)	43,300	0.02

Yours Sincerely,

Ashwini Ajay Bhagwat Promoter