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KPIT Technologies Limited ( (IN:KPITTECH) ) has provided an announcement.
KPIT Technologies Limited has announced an update on its acquisition of Caresoft, with the total consideration amount renegotiated to up to $157 million, including a variable pay component. The company has made significant financial commitments, including a $40 million payment towards the First Deferred Consideration, to complete the acquisition, which strengthens its market position and expands its global footprint.
More about KPIT Technologies Limited
KPIT Technologies Limited operates in the technology industry, focusing on providing IT consulting and product engineering solutions. The company is known for its expertise in automotive and mobility solutions, catering to a global market with a strong emphasis on innovation and digital transformation.
Average Trading Volume: 54,906
Technical Sentiment Signal: Sell
Current Market Cap: 333.2B INR
For an in-depth examination of KPITTECH stock, go to TipRanks’ Overview page.