Sasken Technologies Limited has formally notified stock exchanges about its Board of Directors meeting scheduled for May 8, 2026. The company issued official intimation letters to both BSE Limited and National Stock Exchange of India Limited on May 1, 2026, in compliance with regulatory requirements.

Board Meeting Agenda

The board meeting will address two critical matters for the financial year 2025-26:

Official Communication Details

The formal intimation was addressed to both major stock exchanges with specific reference details:

Regulatory Compliance

The meeting notification has been issued pursuant to Regulation 29(1) and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This ensures transparency and timely disclosure of material information to investors and market participants.

Company Leadership

The formal intimation was signed by Paawan Bhargava, Company Secretary of Sasken Technologies Limited, and submitted to stock exchanges on May 1, 2026. The communication was digitally signed and timestamped, ensuring authenticity and compliance with digital documentation standards.

Market Significance

The upcoming board meeting represents a crucial milestone as it will formally review and approve the company's complete financial performance for FY26. The potential final dividend recommendation will be particularly significant for shareholders, reflecting the board's assessment of the company's financial health and cash distribution capability for the concluded financial year.

Sasken Technologies Ltd. has announced the establishment of its new Center of Excellence (CoE) in Hyderabad on April 16, 2026, marking a strategic expansion to strengthen its regional delivery capabilities and enhance collaboration with key chipset partners including Qualcomm and their OEMs.

Strategic Focus Areas

The Hyderabad CoE will concentrate on cutting-edge engineering solutions across multiple technology domains. The center's primary focus areas include:

• Connected devices development
• 5G-led platforms
• IoT solutions
• Embedded systems
• Digital product engineering

Positioned within one of India's fastest-growing technology ecosystems, the facility is designed to enable closer customer collaboration, accelerate engineering cycles, and support faster product innovation for complex global programs across various industries including Automotive, Smart devices, HiTech, Satellite communication, and Industrial sectors.

Leadership and Organizational Structure

Nirmala Datla will spearhead the center's operations, focusing on establishing delivery excellence and developing advanced engineering capabilities while leading talent development initiatives from the new location.

Expansion and Hiring Plans

Sasken Technologies has outlined ambitious hiring plans as part of this expansion initiative. The company plans to recruit initially 100+ specialized professionals from Hyderabad's robust technology talent ecosystem in the coming months.

The recruitment strategy emphasizes high-skill roles across semiconductors, Original Design Manufacturing (ODM), automotive sectors, and Data Science & Engineering, supporting advanced engineering programs in connected devices, intelligent platforms, and next-generation digital ecosystems for global customers.

Strategic Rationale and Market Positioning

According to company leadership, the Hyderabad CoE represents a strategic investment to address growing demand for Sasken's capabilities in product engineering and digital transformation. Nirmala Datla emphasized that "Hyderabad's strong engineering talent ecosystem enables us to scale delivery, deepen customer collaboration, and accelerate innovation and time-to-market for our customers."

Hareesh Ramanna, Chief Experience Officer, highlighted the strategic importance of the location, stating that "Hyderabad presents us with an excellent talent pool across our BU's. The launch of this Center of Excellence strengthens Sasken's delivery footprint and positions us to support customers with greater speed, scale, and proximity."

Growth Strategy Alignment

The establishment of the Hyderabad CoE aligns with Sasken's broader growth strategy of making focused investments in talent and capabilities. As Ramanna noted, the company continues to "make focused investments in talent and capabilities that enable us to scale the right segments and deliver sustained growth."

The new center is expected to enhance Sasken's ability to serve its global customer base more effectively while leveraging Hyderabad's position as a major technology hub in India. This expansion demonstrates the company's commitment to scaling its operations and strengthening its competitive position in the product engineering and digital transformation services market.