KPIT listed of 27,41,43,808 equity shares of face value of Rs. 10 each on BSE Limited and the NSE pursuant to a Composite Scheme of Arrangement amongst KPIT Technologies Limited, KPIT Engineering Limited, Birlasoft (India) Limited and their respective shareholders, which was sanctioned by the National Company Law Tribunal. This was one of the very instances where the listing of equity shares of an unlisted entity has taken place pursuant to a composite scheme of arrangement, having been given exemption from SEBI and the stock exchanges to make prospectus level disclosure, according to Moneycontrol

Khaitan & Co advised KPIT Technologies Limited led by a team of executive director Sudhir Bassi, counsel Soumya Mohapatra and associate Devarshi Mukhopadhyay with assistance from principal associate Aayush Mohata.

2019-04-22

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