KPIT Technologies – Caresoft Acquisition Update

Initial payment of US$51M completed. Revised total deal size: up to US$157M (incl. US$15M performance-linked). Entities acquired: USA, UK, Mexico operations. 📌 Strategic Rationale Strengthens automotive engineering & design portfolio. Adds expertise in manufacturing, benchmarking, cost optimization. Expands global presence, esp. in China, UK, Mexico. 📌 Future Opportunities Faster go-to-market for OEM clients. Scope for cross-selling integrated services. Geographic expansion supports diversified revenue streams. 📌 Risks to Monitor Integration complexity across regions. Performance-linked payout ($15M) depends on achieving synergies. Exposure to macro/regulatory volatility in auto sector.