KPIT Technologies Share Price

KPIT Technologi.

CMP as on 25-Sep-21 13:21

₹ 359.05
-10.20 -2.76%

Open

₹ 370.00

Turnover (lac)

₹ 945

Prev. Close

₹ 369.25

Day's Vol (shares)

₹ 2,63,147

Day's Range (₹)

₹ 355.30
₹ 370.00

CMP as on24-Sep-21 15:55

₹ 369.25
21.1 6.06%

Open

₹ 357.00

Turnover (lac)

₹ 195

Prev. Close

₹ 348.15

Day's Vol (shares)

₹ 7,01,279

Day's Range

₹ 354.80
₹ 375.80

KPIT Technologies Limited ((formerly KPIT Engineering Limited) was incorporated in the year January 08, 2018. The Company provides Technology solutions in embedded software for the Automobile and Mobility Industry. As on March 31, 2019, the Company had 11 subsidiaries and 1 associate company.During the year under review, the entire pre-demerger share capital of the Company was cancelled, extinguished and annulled in terms of Clause 25 of the Composite Scheme of Arrangement amongst Birlasoft (India) Limited (Transferor Company) and KPIT Technologies Limited (Transferee Company) (renamed as Birlasoft Limited) and KPIT Engineering Limited (Company or Resulting Company) (renamed as KPIT Technologies Limited) and their respective shareholders. Further, pursuant to the said Scheme, the Company allotted 274,143,808 equity shares of Rs10/- each in the ratio of 1:1 on January 29, 2019 and thus, the issued, subscribed and paid-up capital of the Company as on March 31, 2019 is 2,741,438,080 consisting of 274,143,808 equity shares of Rs10/- each.During the year 2019, the Company incorporated subsidiaries in Singapore and USA for expanding its operations. Further, as a result of demerger, the subsidiaries of KPIT Technologies Limited (renamed as Birlasoft Limited) incorporated in Japan, UK & USA became subsidiaries of KPIT Engineering Limited (renamed as KPIT Technologies Limited).The Company received the Order from Mumbai Bench of Honble National Company Law Tribunal (NCLT) for the Composite Scheme of Arrangement amongst Birlasoft (India) Limited (Transferor Company) and KPIT Technologies Limited (Transferee Company) (renamed as Birlasoft Limited) and KPIT Engineering Limited (Company or Resulting Company) (renamed as KPIT Technologies Limited) and their respective shareholders on November 29, 2018. Birlasoft (India) Limited was merged into KPIT Technologies Limited (which is now renamed as Birlasoft Limited) and engineering business was demerged into the Company (formerly KPIT Engineering Limited). The engineering business of the Company includes solutions of electronic or mechanical engineering and usage of this data for diagnostics, maintenance and tracking of assets and related connectivity solutions including data and analytics beyond embedded or mechanical engineering and their connectivity and integration with backend IT systems and platforms and this will remain the core business of the new engineering Company, going forward. The said Scheme became effective with effect from January 15, 2019. Further, the Company allotted 274,143,808 equity shares of Rs10/- each on January 29, 2019. In terms of the Scheme and as provided for in the Implementation Agreement and other agreements which were executed between Birlasoft (India) Limited, KPIT Technologies Limited (renamed as Birlasoft Limited), KPIT Engineering Limited (renamed as KPIT Technologies Limited) and other parties, the promoters of the Company and the promoters of Birlasoft Limited have acquired joint control of the Company.During the year under review, the Company received certificate from the Registrar of Companies for change in its name from KPIT Engineering Limited to KPIT Technologies Limited with effect from March 13, 2019.The Company received the Order from Mumbai Bench of Honble National Company Law Tribunal (NCLT) for the Composite Scheme of Arrangement amongst Birlasoft (India) Limited (Transferor Company) and KPIT Technologies Limited (Transferee Company) and KPIT Engineering Limited (Company or Resulting Company) (renamed as KPIT Technologies Limited) and their respective shareholders on November 29, 2018.

  • Chairman

    Shashishekhar Pandit
  • Managing Director & CEO

    Kishor Patil
  • Whole-time Director

    Sachin Tikekar
  • Independent Director

    Alberto Sangiovanni Vincentelli
  • Independent Director

    Anant Talaulicar
  • Independent Director

    B V R Subbu
  • Independent Director

    Nickhil Jakatdar
  • Independent Director

    Shubhalakshmi Panse
  • Company Secretary

    Nida Deshpande

Registered Office

Plot 17 Rajiv Gandhi Infotech,
Park MIDC-SEZ Phase III Maan,Pune,
Maharashtra-411057

REGISTRAR OFFICE

Karvy Selenium Tow-B,
Nanakramguda,Hyderabad-500032
INDIA