KPIT Technologies approves 25% stake acquisition in Future Mobility##KPIT Technologies approves 25% stake acquisition in Future Mobility
Board of directors of KPIT Technologies at its meeting has approved the acquisition of initial 25% shareholding in Future Mobility Solutions GmbH (FMS). Over a period of three years, KPIT will acquire the balance shareholding. Majority shareholding is expected to be acquired in the last quarter of the Financial Year 2022-23, company said in its release. #KPITTECH