KPIT Technologies Limited has received requests from two promoters, Mr. Ajay Bhagwat and Ms. Ashwini Bhagwat, to reclassify their status from the 'Promoter' category to the 'Public' category. These promoters collectively hold 2,24,68,839 shares, representing 0.82% of the company's total share capital. As of December 31, 2025, the total promoter holding before this reclassification stood at 39.42%.

The reclassification is being sought under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both promoters have confirmed that they are eligible for reclassification as public shareholders, do not hold more than 10% of the total voting rights, do not exercise control over the company, and are not involved in its day-to-day activities or board representation. They have also undertaken to abide by the conditions stipulated post-reclassification.

This reclassification is subject to the approval of the Board of Directors of KPIT Technologies Limited and both stock exchanges, BSE Limited and the National Stock Exchange of India Limited. Copies of the request letters from the promoters have been enclosed with the disclosure. The company has also made this disclosure available on its website.