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KPIT Tech Declares Rs 2.25 Interim Dividend; Appoints New COO and Independent Director
KPIT Technologies has declared an interim dividend of Rs. 2.25 per equity share (22.50% of face value) for FY 2025-26, with the record date set for February 4, 2026. The company strengthened its leadership by appointing 30-year veteran Anup Sable as Chief Operating Officer and Parag Shah as an Independent Director. Additionally, the board approved the reclassification of two promoters holding a 0.82% stake to the public category, as they have not been involved in operations for two decades. An internal restructuring was also approved, transferring a 26% stake in N-Dream AG to the UK subsidiary to streamline the group structure while maintaining 90% total ownership.
Key Highlights
Interim dividend of Rs. 2.25 per equity share announced for the financial year 2025-26.
Record date for dividend eligibility is fixed for Wednesday, February 4, 2026.
Mr. Anup Sable appointed as COO; Mr. Parag Shah appointed as Independent Director for a 3-year term.
Promoters Ajay and Ashwini Bhagwat (0.82% total stake) seeking reclassification to public category.
Internal transfer of 26% shareholding in N-Dream AG to KPIT UK for organizational parity.
👀 What to Watch
Investors should ensure they hold shares before the February 4 record date to qualify for the Rs. 2.25 dividend. The management changes and promoter reclassification are positive signs of institutionalization and professional management scaling.