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Birlasoft Ltd.
BSE: 532400 | NSE: BSOFT
Small Cap | IT - Software
433.10
14.30 (3.41%) KPIT Technologies’ Promoters to sell minority stake: Report
Date: 26-02-2014Promoters 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.