Sasken Technologies Board Meeting Held March 24, 2026 to Consider Business Matters

Sasken Technologies Limited has informed stock exchanges about the outcome of its Board of Directors meeting held on March 24, 2026. The technology company filed the disclosure with BSE Limited and National Stock Exchange of India Limited following the completion of the board session.

Board Meeting Details

The Board of Directors convened for a focused session to deliberate on business-related matters. The meeting was conducted within a structured timeframe, demonstrating efficient corporate governance practices.

Parameter:	Details
Meeting Date:	March 24, 2026
Duration:	6:30 PM to 7:00 PM
Purpose:	Business related matters
Disclosure Time:	19:38:19 +05'30'
Authorized Signatory:	Paawan Bhargava, Company Secretary

Regulatory Compliance Framework

The meeting outcome disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework ensures transparency in corporate decision-making processes and keeps stakeholders informed about significant board activities.

Company Secretary Paawan Bhargava digitally signed the disclosure document on March 24, 2026, confirming the company's adherence to prescribed disclosure timelines and regulatory obligations.

Corporate Communication

The disclosure was simultaneously submitted to both major stock exchanges where the company's shares are listed. BSE Limited received the communication referencing scrip code 532663, while the National Stock Exchange of India Limited was informed under the symbol SASKEN.

The formal communication maintained standard corporate protocols, with the document bearing the company's official letterhead and digital authentication. This systematic approach to regulatory reporting reflects the company's commitment to maintaining transparent stakeholder communication and compliance with listing requirements.

Sasken technologies has paid a regulatory fine of Rs 11.28 lakhs plus GST to BSE Limited and National Stock Exchange of India Limited for non-compliance with SEBI Listing Regulations. The company disclosed this information on March 17, 2026, pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Regulatory Action Details

The stock exchanges levied the fine for non-compliance of Regulation 17(1) & 20(2)/(2A) of Listing Regulations, which pertain to board composition and Stakeholders Relationship Committee requirements. The company received the penalty notice on March 16, 2026, and remitted the amount within the stipulated timeline.

Parameter	Details
Penalty Amount	Rs 11.28 lakhs plus GST
Authorities	BSE Limited and NSE Limited
Notice Date	March 16, 2026
Violation Type	Regulation 17(1) & 20(2)/(2A) non-compliance
Financial Impact	Nil on operations

Company's Response and Compliance Status

Sasken Technologies has stated that its Board composition and Stakeholders Relationship Committee composition have been regularly maintained as per the requirements of Regulation 17(1) & 20(2)/(2A) of the Listing Regulations. The company expressed concern that their request for a personal hearing was not accommodated by the stock exchanges.

The company's application for withdrawal of penalty was rejected without the opportunity to present their case directly. Sasken Technologies believes a personal hearing would have allowed them to clarify the circumstances and demonstrate their diligent compliance efforts.

Corporate Governance Commitment

The company has assured stakeholders that compliance remains a top priority for Sasken Technologies Limited. Despite the regulatory penalty, the organization continues to maintain adherence to all applicable regulations and has emphasized its commitment to corporate governance standards.

The disclosure was signed by Company Secretary Paawan Bhargava and submitted to both BSE Limited and National Stock Exchange of India Limited as part of the mandatory reporting requirements under SEBI regulations.