KPIT Technologies, through its subsidiary KPIT Technologies (UK) Limited, has further increased its stake in N Dream AG by purchasing a total of 88.9 percent stake. This was announced in a letter to BSE Limited and National Stock Exchange of India Limited dated October 7, 2025.
The acquisition includes an additional 62.9 per cent stake in N-Dream, taking the total shareholding of KPIT Group to 88.9 per cent. 1.635 crore euros have been paid for this acquisition. As a result, N-Dream became a step-down subsidiary of KPIT Technologies.
The initial investment approved by the board of directors was 13 percent in N-Dream. Another acquisition of 13 percent shareholding in N-Dream increased KPIT’s total shareholding to 26 percent. Subsequently, KPIT increased its stake in N-Dream to 51 percent for a payment of 65 lakh euros. As a result N-Dream became a subsidiary of the company. The company will buy up to 90 percent stake in two or more tranches during this current financial year.
N-Dream AG is a cloud based game aggregation platform company based in Switzerland. This strategic investment is part of KPIT’s roadmap to enable automotive OEMs to enhance the driver and passenger experience in the cockpit of the future. KPIT will provide complimentary software integration and validation services to N-Dream’s automotive customers. Both parties will work together to offer value-added data products for automotive OEMs, enabling them to create additional monetizable experiences and features.
The letter refers to earlier notifications, including an intimation dated November 9, 2023, regarding initial approval of strategic investment of 13 percent in N-Dream and another intimation dated July 24, 2024, regarding additional acquisition of 13 percent shareholding.
This announcement has been made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company has requested the exchanges to take the information on record.
The registered office of KPIT Technologies Limited is located at Plot No. 17, Rajiv Gandhi Infotech Park, MIDC-SEZ, Phase-III, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India.
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