KPIT Technologies Limited — Dividend/Bonus, 06-05-2026: Dividend
06-05-2026 · 12:37 pm
KPIT's Board approved a final dividend of Rs. 5.25 per equity share for FY26, pending shareholder approval at the upcoming AGM. Payment will adhere to statutory timelines.
The company also announced a strategic acquisition of Cymotive Technologies, an Israeli automotive cybersecurity specialist. This move significantly boosts KPIT's capabilities in securing software-defined vehicles, enhancing its offering to global OEMs. The initial investment is USD 10 million, with the total acquisition cost for 100% ownership projected between USD 60 Mn and USD 120 Mn. This strengthens KPIT's solutions strategy and market position.
No comments yet. Be the first to comment!
