KPIT Technologies has informed that pursuant to relevant provisions of the Companies Act, 2013 read with the relevant Rules made thereunder and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company, at its meeting held on March 28, 2022 has designated Sachin Tikekar, Whole-time Director (DIN: 02918460) as the Joint Managing Director of the Company, with effect from April 1, 2022. His remuneration and extended roles and responsibilities are within the overall framework of remuneration, roles & responsibilities approved by shareholders in Annual General Meeting held on August 28, 2019. Kishor Patil, our CEO and MD will continue to lead the overall business and operations of the company. Sachin Tikekar will continue to work with Kishor Patil and share responsibilities to drive growth and other corporate initiatives.
The above information is a part of company’s filings submitted to BSE.
