November 29, 2023

BSE Limited National Stock Exchange of India Ltd.,

Phiroze Jeejeebhoy Towers, Exchange Plaza, C/1, G Block,
Dalal Street, Bandra - Kurla Complex, Bandra (E),
Mumbai – 400001. Mumbai – 400051.

Scrip ID: KPITTECH Symbol: KPITTECH

Scrip Code: 542651 Series: EQ

Kind Attn: The Manager, Kind Attn: The Manager,

Department of Corporate Services Listing Department

Sub: Disclosure under Regulation 30 SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015 (“the Listing Regulations”)
Dear Sir / Madam,
The details pursuant to Schedule III under Regulation 30 of the Listing Regulations read with
SEBI Circular dated July 13, 2023, are as below:
Particulars Details
Name of the authority Income Tax Department
Nature and details of the Draft order u/s 144 C (1) of the Income-Tax Act, 1961 making
action(s) taken, initiated or Transfer Pricing adjustment to the tune of Rs. 5,68,47,969/-
order(s) passed for A.Y. 2021-22 to the income of PathPartner Technology
Private Limited (“PathPartner”), a subsidiary of the
Company.
Date of receipt of direction or PathPartner has received the draft order on November 28,
order, including any ad-interim 2023
or interim orders, or any other
communication from the
authority
Details of the violation(s)/ A draft order u/s 144 C (1) of the Income-Tax Act, 1961 was
contravention(s) committed or received by PathPartner making Transfer Pricing adjustment
alleged to be committed to the tune of Rs. 5,68,47,969/- for A.Y. 2021-22 to its
income.
Impact on financial, operation PathPartner will file its objections before the Dispute
or other activities of the listed Resolution Panel within due course of time.
entity, quantifiable in
monetary terms to the extent The Company feels, there may not be any impact on
possible financial, operation or other activities of the Company due
to this draft Assessment Order.

Kindly take the same on your records.

Thanking you.

Yours faithfully,
For KPIT Technologies Limited
DESHPANDE Digitally signed by
DESHPANDE NIDA YUNUS

NIDA YUNUS Date: 2023.11.29 18:59:12

+05'30'

Nida Deshpande
Company Secretary & Compliance Officer

KPIT Technologies Limited O +91 20 6770 6000

Registered & Corporate Office: Plot No. 17, Rajiv Gandhi Infotech Park, MIDC-SEZ, E info@kpit.com
Phase-III, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India. W kpit.com
CIN: L74999PN2018PLC174192