KPIT Technologies Ltd.

KPIT Technologies has informed that, in accordance with Regulation 30 read with Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘SEBI Regulations’) the Board of Directors of the Company, at its meeting has approved the acquisition through KPIT Technologies (UK) (A Wholly owned subsidiary of the KPIT Technologies) of initial 65% shareholding in SOMIT Solutions (SOMIT). Over a period of six months, KPIT Technologies (UK) will acquire the balance shareholding. The details as required under SEBI Regulations, read with SEBI Circular dated September 9, 2015 are given in Annexure A to this letter.

The above information is a part of company’s filings submitted to BSE.