KPIT Technologies , a leading software technology company, recently participated in the Goldman Sachs Asia Leaders Conference held in Hong Kong. The event provided a platform for the company to engage with a diverse group of international investors, showcasing its commitment to maintaining strong relationships with the global investment community.

One-on-One Meetings

KPIT Technologies conducted a series of one-on-one meetings with prominent institutional investors, including:

• Schroders Plc
• Marshall Wace Asia Ltd
• William Blair
• Point72 Hong Kong Ltd
• JPMorgan Asset Management
• BlackRock Investment Management Singapore
• AllianceBernstein LP
• Neuberger Berman entities

These individual sessions allowed for in-depth discussions and provided investors with a closer look at KPIT's operations and strategy.

Group Meetings

In addition to the one-on-one sessions, KPIT Technologies also held group meetings with several other notable investment firms:

• Balyasny Asset Management
• Caravel Group Ltd
• HSBC Global Asset Management Ltd
• INVESCO Asia Ltd
• Ishana Capital Ltd
• Man Group Partners LP
• Syncicap Asset Management Ltd
• Zaaba Capital Ltd

These group meetings offered a broader platform for the company to address multiple investors simultaneously and discuss its performance and outlook.

Information Disclosure

During the conference, KPIT Technologies reiterated information previously shared during its earnings call and its 8th Annual General Meeting. The company emphasized that no unpublished price-sensitive information was disclosed to investors during these interactions, maintaining transparency and compliance with regulatory requirements.

Investor Outreach

KPIT's participation in the Goldman Sachs Asia Leaders Conference is part of its ongoing investor relations efforts. The company also engaged with investors at the "Ashwamedh Elara India Dialogue" in Mumbai, further demonstrating its commitment to maintaining open lines of communication with the investment community.

The company's presence at these high-profile investor conferences underscores its focus on transparency and its efforts to keep the global investment community informed about its business strategies and performance. As KPIT Technologies continues to navigate the dynamic software technology landscape, these engagements provide valuable opportunities for the company to showcase its strengths and address investor queries directly.

KPIT Technologies , a global technology company specializing in software solutions for the automotive and mobility industry, has completed a strategic $10 million investment in Helm.ai, a company at the forefront of artificial intelligence for autonomous driving systems.

Investment Details

KPIT Technologies has finalized its investment of $10 million in Helm.ai through a SAFE (Simple Agreement for Future Equity) instrument. This investment was made via KPIT's wholly-owned subsidiary in the USA, as confirmed in a regulatory filing to the stock exchanges.

Strategic Implications

The investment represents a significant move by KPIT Technologies into the artificial intelligence sector, particularly in the realm of autonomous driving technology. Helm.ai is known for developing advanced AI software for self-driving cars, with a focus on making autonomous driving safe, scalable, and cost-effective.

Terms of the Agreement

According to the company's disclosure:

• The $10 million subscription amount has been paid towards the SAFE instrument.
• This instrument grants KPIT the right to certain shares of Helm.ai's Capital Stock (Safe Preferred Stock) based on future events such as equity financing, IPO, or direct listing.
• The investment will not result in Helm.ai becoming a subsidiary of KPIT Technologies.
• KPIT will not have any participative rights in Helm.ai as a result of this investment.

Industry Context

This strategic investment aligns with the growing trend of automotive technology companies investing in AI and autonomous driving capabilities. It potentially positions KPIT Technologies to enhance its offerings in the rapidly evolving autonomous vehicle market.

Company Statement

Ashish Malhotra, General Counsel & Company Secretary of KPIT Technologies, confirmed the completion of the investment, stating that all synergy parameters and conditions precedent have been satisfied before the payment was made.

The move underscores KPIT Technologies' commitment to advancing its position in the automotive technology space, particularly in the high-growth area of artificial intelligence for autonomous driving systems.