Promoters hike stake in KPIT Technologies

To 18.94%

KPIT Technologies announced that the promoters of KPIT today purchased 4,375,452 shares of KPIT through Proficient Finstock LLP (Proficient) taking the total Promoter holding in the company to 18.94%. To fund the above transaction, Proficient has additionally pledged 12,000,000 shares taking the total pledged shares of Proficient to 14,305,555 (50% of Proficient holding).

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