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:

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.

Official Documentation

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 at 12:04:32 +05'30', 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 has announced the resignation of its Chief Operating Officer, Mr. Alwyn J. Boopaladoss, effective May 1, 2026. The resignation was formally submitted on April 30, 2026, with the executive citing personal reasons for his departure from the senior management position.

Resignation Details

The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation letter, dated April 30, 2026, confirms that Boopaladoss's last working day will be May 1, 2026, marking the close of business hours.

Official Communication

In his resignation letter addressed to Chairman, Managing Director & CEO Rajiv C Mody, Boopaladoss stated that the decision was made after careful consideration of his personal and professional aspirations. He confirmed that there are no other material reasons for his resignation beyond personal considerations.

Transition Process

The outgoing COO has committed to ensuring a smooth transition process and will extend full cooperation during the handover period. In his resignation letter, Boopaladoss expressed gratitude for the opportunities, support, and experiences gained during his tenure, describing it as a privilege to contribute to the company's growth initiatives.

Regulatory Compliance

The disclosure was made in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and erstwhile SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015. The resignation was accepted by the company with the last working day confirmed as May 1, 2026, and was signed off by VP & Head HR Moumita Kurup.

The announcement was communicated to both BSE Limited and National Stock Exchange of India Limited through web upload, with Company Secretary Paawan Bhargava signing the official disclosure document.