Shares of KPIT Technologies Ltd are trading flat after touching a day’s high of Rs 1,228.80 on 28th October, as the company announced that its board of directors has approved loans of €20 million from HSBC and £20 million from SMBC to fund its recent acquisitions.

KPIT Technologies said it has acquired Caresoft Engineering for up to $157 million. This was as per details shared in August and October. The company also made a strategic investment in N-Dream AG. It raised its stake to 88.9% on 7th October for 16.35 million euros. This makes it a step-down subsidiary.

In line with its focus on software-defined vehicles, KPIT Tech invested $10 million in Helm.ai on 9th September, 2025.

The company said its funding plan for these acquisitions will be a mix of internal accruals and external borrowing. To support this, the board approved unsecured loans of up to €20 million from HSBC. It also approved £20 million from SMBC through its UK-based subsidiary, KPIT Technologies (UK) Ltd.

KPIT added that these acquisitions will help drive growth and ensure long-term profitability. They will also strengthen its position in the global automotive software market.

At 11:43 AM, shares of KPIT Technologies were trading 0.70% lower at Rs 1,198.50 on NSE.

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