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KPIT Technologies’ Promoters to sell minority stake: Report

26 Feb 2014 Evaluate

Promoters and two private equity (PE) shareholders of KPIT Technologies have reportedly started negotiations with PE and strategic investors to sell a significant minority stake in the company. The shareholders (Promoters and two PE investors) are demanding around 25-30% premium to its current price.

KPIT Technologies is one of the fastest growing global product engineering and IT consulting partners, focused on co-innovating domain intensive technology solutions for automotive & transportation, manufacturing and energy & utilities corporations.

Birlasoft Share Price

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Company Name CMP
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