Sasken Technologies Limited has reconstituted its board committees following the cessation of Mr. Sunirmal Talukdar as an Independent Director effective July 21, 2026. The change occurred consequent to the completion of his second term as an Independent Director on July 20, 2026. The company has placed on record its appreciation for his contributions during his tenure.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors passed a resolution on July 21, 2026, to fill the vacancies. Mr. V. Suryanarayanan and Ms. Meeta Malhotra, both existing Independent Directors, were co-opted to the respective regulatory committees to ensure compliance with governance norms.

Committee Reconstitution Details

The reconstitution impacts key committees responsible for governance, risk, and stakeholder relations. The Audit Committee saw a change in leadership, with Mr. V. Suryanarayanan designated as Chairman effective July 21, 2026, replacing Mr. Sunirmal Talukdar. This appointment was in accordance with a board resolution passed on June 12, 2026.

Composition of Committees

The following table outlines the revised composition of the committees following the changes:

Ms. Meeta Malhotra was co-opted as a member of the Stakeholders Relationship Committee and the Corporate Social Responsibility Committee. Mr. V. Suryanarayanan was co-opted as a member of the Stakeholders Relationship Committee and the Risk Management Committee, in addition to his role as Chairman of the Audit Committee.

Sasken Technologies Limited has dispatched the Notice of its 38th Annual General Meeting (AGM) and the Annual Report 2025-26 to shareholders via email on July 6, 2026, through the National Securities Depository Limited (NSDL), pursuant to applicable SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, under Regulation 34(2)(f), with Reasonable Assurance provided by M/s. J Sundharesan & Associates, Company Secretaries.

38th AGM: Key Details and Agenda

The 38th AGM is scheduled for Friday, July 31, 2026, at 10:00 am IST, to be conducted through Video Conferencing / Other Audio-Visual Means (VC), with the venue deemed to be the company's Registered Office at 139/25, Ring Road, Domlur, Bengaluru – 560 071. The following table summarises the key dates and logistics:

The AGM agenda includes adoption of audited financial statements for FY2025-26, declaration of a final dividend of ₹13 per equity share, re-appointment of Mr. Pranabh D. Mody as a Director liable to retire by rotation, re-appointment of M/s. M S K A & Associates LLP as Statutory Auditors for a second term of up to five years (from the conclusion of the 38th AGM till the conclusion of the 43rd AGM in 2031), and appointment of Mr. V. Suryanarayanan (DIN: 05187922) as an Independent Director for a term of up to five years from June 12, 2026 to June 12, 2031. Shareholders may contact NSDL at 1800 1020 990 or 022-4886 7000 or evoting@nsdl.com , or CDSL at 1800 210 99 11 or helpdesk.evoting@cdslindia.com for any queries related to e-voting or VC participation.

Dividend Details

The Board of Directors, at its meeting held on May 08, 2026, recommended a final dividend of ₹13 per equity share for FY2025-26. Combined with the interim dividend of ₹12 per equity share declared on November 07, 2025, the total dividend for FY2025-26 aggregates to ₹25 per equity share. The following table summarises the dividend declared during the year:

*Subject to approval of shareholders at the ensuing AGM. The final dividend, once approved, will be paid on or before Friday, August 28, 2026. The Record Date for determining shareholder eligibility for the final dividend is Friday, July 24, 2026.

FY2025-26 Financial Performance

The Board's Report presented at the 38th AGM highlights the following key financial results for FY2025-26 (amounts in ₹ lakhs):

On a consolidated basis, revenues from operations for FY2025-26 increased by 102.06% in rupee terms, from ₹55,091.38 lakhs in FY2024-25 to ₹1,11,316.84 lakhs. Net profits increased from ₹5,050.95 lakhs to ₹5,864.57 lakhs, an increase of 16.11%. Basic Earnings per Share stood at ₹35.61 in FY2025-26 compared to ₹33.30 in FY2024-25. Operating margin (EBIT/Revenue) improved to 4.4% from 1.6% in the previous year. Total orders booked were at $172.7M as compared to $68.0M in FY2024-25, a 154.0% increase year-on-year.

Director Profiles: Re-appointment and New Appointment

Mr. Pranabh D. Mody (DIN: 00035505) is a Non-Executive Non-Independent Director and one of the Promoters of the Company. He was originally appointed on July 29, 1991 and was last re-appointed on July 20, 2022. He holds a Bachelor's degree in Pharmacy and a Master's in Business Administration from Oakland University, USA, and has around 34 years of experience, of which 29 years were in the pharmaceutical industry with J. B. Chemicals and Pharmaceuticals Limited. He holds 2,88,534 equity shares in the Company.

Mr. V. Suryanarayanan (DIN: 05187922), born on April 29, 1959, is a Chartered Accountant (FCA, B.Com) with over 30 years of experience in Finance leadership roles. He retired as Executive Vice President and Group Chief Financial Officer at Mphasis Limited in 2020 and has previously held CFO positions at Servion Global Solutions, AIG Systems, Deutsche Software, and Ramco Systems. He was appointed as an Additional Director (Independent) effective June 12, 2026, and holds nil equity shares in the Company.

CSR, Sustainability, and Other Highlights

During FY2025-26, Sasken Technologies spent ₹162.20 lakhs across five long-term CSR programs, exceeding its statutory CSR obligation of ₹93.61 lakhs. The programs covered women's empowerment, healthcare, nutrition, employability, and elderly care. The company also reported that trailing twelve-month attrition closed at 8.98% in Q4 FY26, with group average headcount growing to 2,446 employees (1,828 permanent employees) in FY26. Foreign exchange earnings for the year ended March 31, 2026 stood at ₹33,752.75 lakhs, compared to ₹32,048.98 lakhs in the previous year.

On the sustainability front, the BRSR discloses that the company sourced 80% of its energy requirement through renewable sources, with the remaining 20% offset through International Renewable Energy Certificates (I-REC). Total Scope 1 emissions stood at 194 metric tonnes of CO2 equivalent and gross Scope 2 emissions at 520 metric tonnes of CO2 equivalent (net: 0, after I-REC offsets) for FY2025-26. The company has stated a carbon neutrality commitment by 2030. The BRSR covers the standalone operations of Sasken Technologies Limited for the period April 1, 2025 to March 31, 2026, and has been provided with reasonable assurance by M/s. J Sundharesan & Associates, Company Secretaries.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE231F01020/54ad4fd3-5be4-43cf-ab75-ec22915e360a.pdf