Sasken Technologies News

Sasken Technologies Receives IT Order with ₹1.45L Demand

Sasken Technologies received an Income Tax order from CPC regarding its superannuation fund trust for AY 2025-26, creating a tax demand of ₹1,45,100. Company states no material impact on operations.

Sasken Allots 43,670 Shares Under RSU Plan

Sasken Technologies allotted 43,670 equity shares to employees under its 2016 RSU plan on February 2, 2026, increasing total issued shares to 15,186,471 with share capital of Rs. 151,864,710.

Sasken Technologies Faces Rs 45.29 Crore GST Demand After Appeal Dismissal

Sasken Technologies received orders from Joint Commissioner Appeals-5 dismissing its appeals for FY2017-18 and FY2018-19, confirming total GST demands of Rs 20.75 crore and Rs 24.53 crore respectively for alleged violations related to reverse charge on overseas branch payments. The company states no material financial or operational impact and plans to appeal before GSTAT.

Sasken Technologies Seeks Shareholder Approval for Independent Director Appointment via Postal Ballot

Sasken Technologies is conducting a postal ballot from December 8, 2025 to January 6, 2026, seeking shareholder approval for appointing Ms. Meeta Malhotra as Non-Executive Independent Director for a five-year term from October 22, 2025 to October 22, 2030. The appointment requires special resolution approval through remote e-voting, with Ms. Malhotra bringing over 25 years of leadership experience in brand consulting, marketing, and design across B2C and B2B sectors.

Sasken Technologies Receives Rs 8.82 Lakh Fine from Stock Exchanges for Regulatory Non-Compliance

BSE and NSE imposed fines of Rs 4.41 lakh each (excluding GST) on Sasken Technologies for alleged non-compliance with board composition regulations under Listing Regulations 17(1) and 20(2)/(2A). The company disputes the penalty, stating its board and committee compositions consistently met regulatory requirements, and plans to apply for withdrawal of the imposed fines.