KPIT Technologies getslisted on BSE and NSE

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Pune, India, 22 April 2019: KPIT Technologies(NSE:KPITTECH | BSE:542651) today announcedlisting of its new stock on NSE and BSE. Thisfollows KPITs merger and demerger transactionwith Birlasoft, announced in January 2018 andeffective from Jan 2019. The transaction resultedin two publicly-traded specialized technologycompanies KPIT Technologies – focused onautomotive engineering and mobility solutions; and Birlasoft – focused on IT services.

KPIT got listed with the opening bell ringing ceremony at NSE, presided over by Mr. Ravi Pandit, Chairman, KPIT and Mr. Kishor Patil, CEO& MD, KPIT and executive leadership from KPIT.

The world of mobility is in for a paradigm shift,something that has not been witnessed in the last100 years and this is driven by software. With asharp focus on technology solutions, KPIT furtherstrengthens its position as a niche softwaresolutions provider with specialization inembedded software, AI (artificial intelligence) anddigital solutions.

Ravi Pandit, Cofounder, Chairman & Group CEOsaid that Today is an important milestone forKPIT and marks completion of the merger-demerger transaction . We are very excited aboutthe start of our new journey. Over the last 20years we have built strengths that help usbecome a focused automotive engineering andmobility solutions company. We believe this newbeginning will pave way for further value creationfor all our stakeholders”

Kishor Patil, Cofounder, CEO & MD, KPIT said Ournew vision is “Reimagining mobility with you forcreation of a cleaner, smarter, safer world. Theparadigm shift in mobility gives us an opportunityto think afresh. We want to be a key participantin this shift to build a new world of mobility. Weare geared to achieve this by building platforms,tools, accelerators, innovative business modelsand delivering across the globe. We will work withour customers, talent, mobility ecosystem andpartners to make this vision a reality.