KPIT Technologies Ltd.

BSE: 542651 | NSE: KPITTECH
Small Cap | IT - Software
1189.40
10.45 (0.89%)
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KPIT Technologies acquires additional 13% shareholding in N-Dream AG

Date: 09-10-2024

KPIT Technologies has acquired additional 13% shareholding in N -Dream AG (N-Dream) for cash consideration of Euro 2.3 million as primary investment and Euro 0.7 million as secondary investment.

With this additional share purchase, KPIT continues to hold minority and non-controlling equity holding in N-Dream. The further acquisition of 13% shareholding in N-Dream is to take the total shareholding of KPIT to 26% in N-Dream. 

KPIT Technologies is a global technology company with software solutions that will help mobility leapfrog towards an autonomous, clean, smart and connected future.