Birlasoft Ltd.

KPIT Technologies has received its board’s approval for amalgamation of Birlasoft with itself, while engineering business of the company will be demerged. As per the proposed merger, shareholders of Birlasoft will receive 22 equity shares of the combined KPIT-Birlasoft for every nine equity shares of Birlasoft. The combined KPIT-Birlasoft entity will be engaged in the IT business.

Headquartered in Pune (India), KPIT Technologies is a global technology company that specializes in providing IT Consulting and Product Engineering solutions and services to key focus industries.