KPIT Tech Appoints Chairman to US Subsidiary Board, Plans Vietnam Unit

KPIT Technologies Limited announced key board decisions following a meeting. Mr. Anant Talaulicar, Chairman of the Board, has been appointed to the Board of KPIT Technologies Inc., its material unlisted subsidiary in the US. The company also approved the incorporation of a wholly-owned subsidiary in Vietnam to support business growth and talent acquisition. Additionally, a step-down subsidiary in the UK, Samit Solutions Limited, will be struck off as its operations are integrated into the parent entity. The company will also issue a Letter of Comfort to enhance the factoring facility for its UK subsidiary. The Board also approved the un-audited financial results for the quarter and half-year ended September 30, 2026.