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KPIT Technologies gets nod for scheme of Arrangement from CCI

07 Apr 2018 Evaluate

The Competition Commission of India (CCI) has given approval for Composite Scheme of Arrangement amongst KPIT Technologies, Birlasoft India (BSIL) and KPIT Engineering (KEL) and their respective Shareholders.

The CCI at its meeting held on April 3, 2018, has considered and approved the same.

KPIT is a global technology company focused on automotive engineering and mobility solutions. Leveraging the company’s two decades of experience in automotive engineering, KPIT is building engineering solutions and products to create safe, smart, and sustainable mobility in India and other developing countries.

Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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