KPIT Technologies Limited Concludes 9th AGM on Aug 31, 2026; Declares Dividend
KPIT Technologies Limited held its 9th AGM on August 31, 2026. The company declared a final dividend of ₹5.25 per share, in addition to an interim dividend of ₹2.25 per share for FY 2025-26. Key appointments and reappointments of directors were approved, including Ms. Bhavna Doshi, Mr. Anup Sable, Mr. Chinmay Pandit, and Dr. Nirmala Pandit.
The dividend declaration and board changes are significant for shareholder value and corporate governance, impacting the company's strategic direction and leadership.
The announcement details the successful conclusion of the Annual General Meeting, the declaration of a final dividend, and the approval of director appointments and reappointments, all of which are positive developments for shareholders.
KPIT Technologies Limited held its 9th Annual General Meeting (AGM) on Monday, August 31, 2026, via Video Conferencing / Other Audio-Visual Means. The meeting, chaired by Mr. Anant Talaulicar, commenced at 10:30 a.m. IST and concluded at 12:08 p.m. IST. During the AGM, the company announced a final dividend of ₹5.25 per equity share (52.5%), in addition to the interim dividend of ₹2.25 per equity share (22.5%) paid earlier for the Financial Year ended March 31, 2026.
Key business items transacted included the adoption of audited standalone and consolidated financial statements for FY 2025-26, the reappointment of Mr. Kishor Patil as a Director retiring by rotation, and the approval to maintain remuneration limits for Non-Executive and Executive Directors for a further five years from FY 2026-27. Additionally, Ms. Bhavna Doshi was reappointed as Independent Director for a term of five years from September 15, 2026, to September 14, 2031. Mr. Anup Sable and Mr. Chinmay Pandit were reappointed as Whole-time Directors for five-year terms, and Dr. Nirmala Pandit was appointed as a Non-Independent Non-Executive Director for three years from July 29, 2026, to July 28, 2029.
Mr. Kishor Patil, CEO and Managing Director, provided an overview of the company's performance, market trends, strategy, and outlook, including FY26 performance and FY27 mid-term outlook. The meeting also observed a minute of silence to honor the memory of Mr. S. B. (Ravi) Pandit, Co-founder and Promoter, who passed away. The outcome of the resolutions voted upon will be uploaded post-receipt of the Consolidated Scrutinizer's Report.
A plain-language summary of a public exchange filing by KPIT Technologies Limited. Read the original for the full detail.