Saksoft Limited announced that its promoter Mr. Aditya Krishna has acquired additional shares in the company through open market transactions. The acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, demonstrating compliance with regulatory requirements for substantial shareholding changes.

Transaction Details

Mr. Aditya Krishna acquired a total of 30,000 shares representing 0.02% of the company's total share capital. The acquisition was executed through multiple transactions across three separate dates in February and March 2026.

Shareholding Pattern Changes

The acquisition resulted in a marginal increase in Mr. Aditya Krishna's shareholding in Saksoft Limited. His total shareholding increased from 2,77,83,000 shares to 2,78,13,000 shares, representing a change from 20.96% to 20.98% of the company's total voting capital.

Company Capital Structure

Saksoft Limited's equity share capital remained unchanged at 13,25,51,250 shares throughout the transaction period. The total voting capital and diluted share capital also remained constant at the same level, indicating no changes to the company's capital structure during this period.

Regulatory Compliance

The disclosure was filed by Meera Venkatramanan, Compliance Officer and Company Secretary of Saksoft Limited, on March 5, 2026. The filing was submitted to both the National Stock Exchange of India (NSE Symbol: SAKSOFT) and BSE Limited (BSE Security Code: 590051), where the company's shares are listed and permitted to trade respectively. This disclosure ensures transparency and regulatory compliance regarding substantial shareholding changes by promoters in publicly listed companies.

Saksoft Limited delivered a mixed performance in Q3 FY26, reporting revenue growth of 11% year-on-year while experiencing its first sequential decline in 20 quarters. The IT services company continues to navigate cautious enterprise spending while securing strategic long-term engagements that position it for future growth.

Financial Performance Overview

The company's financial metrics for Q3 FY26 demonstrated resilience despite market challenges:

The sequential revenue decline of 3% marked the first quarter-on-quarter drop after 20 consecutive quarters of growth. This decline was attributed to temporary spending deferrals by two large clients due to budget timing and reprioritization rather than project cancellations.

Nine-Month Performance Highlights

The nine-month period ending Q3 FY26 showed stronger overall performance:

Strategic Contract Wins and Market Position

Despite near-term challenges, Saksoft secured several significant engagements during the quarter that demonstrate its evolving market position:

Major Contract Highlights:

• Multi-year digital transformation engagement with a leading U.S.-based logistics carrier focused on enterprise modernization and AI adoption
• Partnership with a technology distributor to establish a joint AI innovation lab for AI-driven initiatives across sales, IT, and finance functions
• Quality and process maturity transformation program with a European telecom operator

The logistics sector vendor consolidation win was particularly noteworthy, as Saksoft's team size with the client grew from 50 to over 100 people through a competitive RFP process, though it required a 20% rate discount to secure the three-year contract.

Operational Metrics and Geographic Distribution

The company's operational structure reflects its global reach and diversified client base:

Key Operational Data:

• Total employee count: 2,673 (2,454 technical)
• Utilization rate: 83% (excluding trainees)
• Onsite revenue mix: 44%
• Offshore revenue mix: 56%
• Clients above $1 million: 16

Sector-wise Revenue Distribution

Saksoft maintains a diversified revenue portfolio across multiple verticals:

Vision 2030 and Growth Strategy

Management reaffirmed its commitment to achieving $500 million in revenues by 2030, representing approximately 4X-4.5X growth from current levels. The strategy focuses on expanding long-term outcome-driven digital partnerships and building annuity-led revenue streams through AI-enabled engineering and managed operations.

Key growth drivers include scaling AI-led engineering and data operations, expanding managed services delivery models, investing in agentic AI and industry accelerators, and increasing multi-year engagements through vendor consolidation wins. The company expects 80-85% of revenue growth to come from existing customers, with sufficient runway identified among the top 20 clients.

Market Outlook and Investment Focus

The technology services environment remains characterized by cautious enterprise spending and extended decision-making cycles for discretionary projects. However, clients continue investing in efficiency improvement, automation, platform modernization, and practical AI adoption where clear business value exists.

Saksoft continues strategic investments in front-end sales capabilities and senior leadership to support its transformation from a staff augmentation model to outcome-based engagements. The company maintains EBITDA margin guidance of approximately 18%, balancing growth investments with profitability targets.