Sasken Technologies Limited has announced the allotment of 43,670 equity shares to employees under its Restricted Stock Units (RSU) program. The Share Allotment Committee of the Board of Directors approved this allotment on February 2, 2026, as part of the company's employee incentive initiatives.

Share Allotment Details

The allotted shares carry a face value of Rs. 10 each and were issued under the Sasken Employees Share Based Incentive Plan, 2016. The plan received in-principle approval from BSE Limited on June 15, 2018, and from the National Stock Exchange of India Limited on June 22, 2018.

Impact on Share Capital

Following this allotment, Sasken Technologies' equity structure has been updated with significant changes to the total issued shares and share capital.

Regulatory Compliance

The allotment was conducted pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with the SEBI (Share based Employee Benefits and Sweat Equity) Regulations, 2021. The shares will be identical to existing equity shares and were issued at par value.

Company Information

Sasken Technologies Limited, headquartered at No. 139/25, Ring Road, Domlur, Bengaluru – 560071, has its shares listed on both BSE Limited and National Stock Exchange of India Limited. The company secretary Paawan Bhargava signed the regulatory filing on February 2, 2026, confirming the completion of all necessary procedures for the share allotment process under the employee incentive scheme.

Sasken Technologies Limited , a leading provider of product engineering and digital transformation services, has successfully completed the shareholder approval process for the appointment of Ms. Meeta Malhotra as an Additional Director in the Non-Executive Independent category. The appointment, which was effective October 22, 2025, has now received overwhelming shareholder support through a postal ballot process.

Shareholder Approval Results

The postal ballot results announced on January 6, 2026, demonstrated strong shareholder confidence in the appointment. The voting details are as follows:

Key Details of the Appointment

About Meeta Malhotra

Ms. Malhotra brings a wealth of experience to Sasken Technologies, with over 25 years of leadership in brand consulting, marketing, and design. Her impressive background includes:

• Partner at Ray+Keshavan, a leading brand consultancy acquired by WPP
• Co-Founder of Kinetic Glue, a SaaS collaboration platform acquired by BMC Software
• Current member of the Management Committee of Plaksha University
• Stanford Distinguished Careers Institute Fellow (2024–25)
• Volunteer consultant for the Stanford Seed program

Postal Ballot Process Details

The postal ballot was conducted in compliance with the Companies Act, 2013 and SEBI Listing Regulations. Key process highlights include:

The appointment was based on the recommendation of Sasken Technologies' Nomination and Remuneration Committee and approved by the Board of Directors. In compliance with regulatory requirements, the company confirmed that Ms. Malhotra has not been debarred from holding the office of Director by any regulatory authority.

Strategic Implications

This appointment aligns with Sasken Technologies' commitment to maintaining a diverse and experienced board. Ms. Malhotra's extensive background in brand strategy and entrepreneurship is expected to bring fresh perspectives to the company's strategic decisions, particularly in areas of brand development and technology innovation. The overwhelming shareholder support demonstrates confidence in the board's decision and the value Ms. Malhotra is expected to bring to the organization.