FilingReader Intelligence

KPIT Technologies increases stake in N-Dream to 88.9%

October 7, 2025 at 07:02 PM UTCBy FilingReader AI

KPIT Technologies has significantly increased its shareholding in N-Dream AG to 88.9% through its wholly owned subsidiary, KPIT Technologies (UK) Limited. The latest acquisition of a 62.9% stake was made for €16.35 million, making N-Dream a step-down subsidiary. This follows previous investments of 13% initially, another 13% on July 24, 2024, to reach 26%, and a further increase to 51% on August 8, 2025, for €6.5 million.

The strategic investment aligns with KPIT's objective to enable Automotive OEMs to enhance driver and passenger experiences in future cockpits. KPIT plans to offer complementary software integration and validation services to N-Dream's automotive clients and collaborate on value-added data products for Automotive OEMs. The company also intends to acquire up to 90% in N-Dream through additional tranches during the current financial year.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:KPITTECHBombay Stock Exchange

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