NSEPress Release10 Sept 2026 · 10 Sept 2026, 12:30 pm

Press Release

Tata Elxsi Limited · TATAELXSI

✦ AI Summary▲ PositiveExpansion

Tata Elxsi has invested in KAVIA AI, a Silicon Valley-based enterprise AI platform company, to strengthen collaboration and help enterprises manage, modernise, and transform complex software environments at scale.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment7/10

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Tata Elxsi Limited has informed the Exchange regarding a press release dated September 10, 2026, titled "Tata Elxsi Invests in KAVIA AI to Scale AI-Driven Software Engineering for Products and Enterprises".

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September 10, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C-1, Block G Dalal Street Bandra – Kurla Complex Bandra (East) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500408 NSE Symbol: TATAELXSI Dear Sirs/Madam, Sub: Press Release - “Tata Elxsi Invests in KAVIA AI to Scale AI-Driven Software Engineering for Products and Enterprises” Please find enclosed the Press Release dated September 10, 2026, titled “Tata Elxsi Invests in KAVIA AI to Scale AI-Driven Software Engineering for Products and Enterprises”. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The aforesaid disclosure will also be made available on the Company’s website at www.tataelxsi.com. This is for your information and records. Yours faithfully, For Tata Elxsi Limited Sneha V Company Secretary & Compliance Officer Encl.: As above Tata Elxsi Invests in KAVIA AI to Scale AI-Driven Software Engineering for Products and Enterprises Bengaluru, India, September 10, 2026 – Tata Elxsi, a global leader in design and technology services, today announced a strategic investment in KAVIA AI, a Silicon Valley-based enterprise AI platform company. The investment strengthens the collaboration between the two companies to help enterprises manage, modernise, and transform complex software environments at scale. As a global leader in AI and GenAI-driven product and software engineering, Tata Elxsi enables enterprises to implement the AI Development Lifecycle (AIDLC), accelerating architecture design, brownfield refactoring, software development, quality assurance, deployment, continuous monitoring and debugging across the product and software lifecycle. The collaboration brings together Tata Elxsi's expertise in domain-led engineering with KAVIA AI's knowledge graph and workflow intelligence platform. Over the past one year, the companies have worked together to deploy the platform for enterprise engineering use cases, addressing challenges around industry-specific product and software engineering, accelerated release cycles, quality, resilience, and cybersecurity readiness. Manoj Raghavan, Chief Executive Officer and Managing Director, Tata Elxsi, said, “Through STEP.UP, Tata Elxsi's startup engagement program for high-potential deep tech companies, we have worked closely with KAVIA AI and seen the strength of its technology firsthand. This investment reflects our shared vision for AI-driven software engineering.” Across industries, distributed teams have been creating millions of lines of code over the years using multiple repositories and diverse technology stacks to evolve enterprise products and platforms. As organisations face this complex brownfield environment, critical knowledge often remains fragmented across code, documentation, systems, tools, and teams. While most AI tools focus on accelerating coding, KAVIA AI enables enterprises to scale across the AIDLC by combining persistent knowledge, governed engineering artifacts, collaboration, traceability, and deployment through a single platform. Labeeb Ismail, Founder and Chief Executive Officer, KAVIA AI, said, “We are delighted with this strategic investment by Tata Elxsi and the trust it has placed in us. KAVIA AI brings system assets for enterprises to establish AIDLC workflows, operating models, and the checks and balances needed to operationalise AI across the software lifecycle. Together with Tata Elxsi, we look forward to shaping the future of software delivery.” Building on this foundation, Tata Elxsi and KAVIA AI are working together to harness the power of AI responsibly and help organisations transform their products and services. About Tata Elxsi Tata Elxsi is a global design and technology leader, driving innovation at the intersection of design, digital, and engineering. With 35+ years of experience across industries, the company delivers end- to-end solutions for automotive, media, healthcare, energy, smart manufacturing and communications—from embedded systems to cloud-native platforms. Tata Elxsi combines domain-led consulting, full-stack development, and system integration with a portfolio of award-winning AI and GenAI platforms. By combining AI-first thinking with full-stack product engineering, Tata Elxsi enables organisations to move from GenAI experimentation to scaled deployment—securely, efficiently, and with confidence. For more information, visit www.tataelxsi.com. About STEP.UP STEP.UP is Tata Elxsi's startup engagement program for deep tech startups, combining co-creation and joint go-to-market engagement with an innovation fund. The program supports founders with strategic investment, engineering and design expertise, and access to global markets. By bridging innovation and commercialization, STEP.UP helps accelerate the journey from breakthrough ideas to industry-scale impact. For more information, visit https://www.tataelxsi.com/step.up. About KAVIA AI KAVIA AI is the enterprise software engineering platform for complex codebases. KAVIA connects teams through code understanding, workflow automation, artifact generation, reviewable code and validation across repositories and environments. The platform supports Visual Studio Code, CLI and Git-based workflows and offers customer- controlled deployment options and flexible model choices. Learn more at kavia.ai. Media Contact: Tata Elxsi Hari Balan / Ayushi Moudgil Corporate Communications Telephone: +91 80 2297 9123 Email: media@tataelxsi.com KAVIA AI Media inquiries Email: info@kavia.ai General inquiries: Submit a request through the KAVIA AI Contact Page.