Sasken Technologies Schedules Virtual Analyst Meeting with KemFin Services for April 6, 2026

1 min read     Updated on 02 Apr 2026, 04:44 AM
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AI Summary

Sasken Technologies Limited has scheduled a virtual analyst meeting with KemFin Services Private Limited representatives on April 6, 2026, from 11 am to 12 pm. The meeting, conducted under SEBI Regulation 30 compliance, will feature discussions based on publicly available information including Q3 FY26 investor presentations. The company has notified both BSE and NSE about this institutional investor engagement, demonstrating commitment to transparent communication and regulatory compliance.

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Sasken technologies has formally notified stock exchanges about a scheduled virtual meeting with institutional investors, demonstrating the company's commitment to transparent investor communication and regulatory compliance.

Meeting Details and Participants

The virtual investor meeting is scheduled with specific institutional representatives and follows a structured format for professional engagement.

Parameter: Details
Date: April 6, 2026
Time: 11 am – 12 pm
Mode: Virtual
Participants: Mr. Pranshu Mittal & Mr. Jainis Chheda
Institution: KemFin Services Private Limited

Regulatory Compliance Framework

The meeting notification has been filed pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework ensures that all material information shared with institutional investors remains within the bounds of publicly available data.

The company has emphasized that any information shared during the meeting will be based on publicly available presentations and documents, maintaining transparency and compliance with disclosure requirements.

Information Accessibility

Sasken Technologies has confirmed that the Investor Presentation for Q3 FY26 and previous quarters is already available in the public domain. Interested stakeholders can access these materials through:

  • Company website ( www.sasken.com )
  • Stock exchange websites
  • Previously published quarterly presentations

Corporate Communication

The formal notification was signed by Paawan Bhargava, Company Secretary, and submitted to both BSE Limited and National Stock Exchange of India Limited on April 1, 2026. This advance notice ensures proper disclosure and allows market participants to stay informed about the company's investor engagement activities.

The structured approach to investor meetings reflects Sasken Technologies' commitment to maintaining regular communication with institutional investors while adhering to regulatory requirements for transparency and disclosure.

What strategic initiatives or business developments might Sasken Technologies discuss with KemFin Services that could impact future investment decisions?

How could this institutional engagement influence Sasken's stock performance and analyst coverage in the coming quarters?

Will Sasken Technologies expand its virtual investor meeting program to include more institutional investors following this session?

Sasken Technologies Receives GST Order Demanding ₹38.65 Lakh for Tax Violations

2 min read     Updated on 28 Mar 2026, 11:11 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Sasken Technologies Limited received a GST order from Chennai South Commissionerate on March 27, 2026, demanding ₹19.22 lakh in taxes and ₹19.42 lakh in penalty for alleged violations during April 2019 to March 2024. The company reported no material financial or operational impact and plans to appeal the order before the Commissioner of Appeals.

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Sasken Technologies Limited has received a GST order from the Office of the Superintendent of GST & Central Excise, Range V, Perungudi Division, Chennai South Commissionerate. The company informed stock exchanges about this development on March 27, 2026, in compliance with SEBI listing regulations.

GST Order Details

The order was issued under Section 74(9) of CGST/TNGST Act, 2017, covering the period from April 2019 to March 2024. The company received the order on March 27, 2026.

Parameter: Details
Authority: Office of the Superintendent of GST & Central Excise, Range V, Perungudi Division, Chennai South Commissionerate
Order Type: Order-in-Original under Section 74(9) of CGST/TNGST Act, 2017
Period Covered: April 2019 to March 2024
Receipt Date: March 27, 2026

Alleged Violations and Financial Impact

The GST authorities have identified several alleged violations during the assessment period:

Violation Type: Amount (₹)
Excess refund claim 13,91,177
Non-reversal of ITC on credit notes issued 5,10,996
Excess avail of ITC in GSTR-3B returns 20,774
Total Tax Demand 19,22,947
Penalty (100% of tax demand) 19,42,173
Interest As applicable

The order includes:

  • Excess refund claims amounting to ₹13,91,177
  • Non-reversal of Input Tax Credit (ITC) on credit notes worth ₹5,10,996
  • Excess availment of ITC in GSTR-3B returns compared to actual available ITC in GSTR-2A/2B of ₹20,774
  • A penalty equal to 100% of the tax demand, calculated at ₹19,42,173
  • Interest charges as applicable under the law

Company's Response and Next Steps

Sasken Technologies has stated that there is no material impact on the company's financial position or operational activities due to this order. The company emphasized that the order is currently appealable and confirmed its intention to exercise the right to appeal before the Commissioner of Appeals.

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically sub-para 20 of Para A of Part A of Schedule III, which requires disclosure of tax litigation or disputes.

Regulatory Compliance

The intimation was signed by Paawan Bhargava, Company Secretary, and submitted to both BSE Limited and National Stock Exchange of India Limited through web upload. This disclosure follows SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, regarding compliance requirements for listed entities.

How might the appeal process timeline affect Sasken Technologies' cash flow and quarterly financial results?

Could this GST order trigger additional scrutiny of Sasken's tax compliance across other jurisdictions or time periods?

What impact might this regulatory issue have on Sasken's client relationships and new business acquisitions in the technology sector?

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