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Latest news about Sasken Technologies

Sasken Technologies Receives Rs 8.14 Crore Tax Demand from Income Tax Department 7 hrs ago Today

Sasken Technologies Limited received an Assessment Order from the Income Tax Department on March 24, 2026, creating a tax demand of Rs 8.14 crore. The order includes additional disallowance of Rs 33.74 lakh under section 14A and income not offered for tax of Rs 11.53 crore. The company stated no material impact on financial or operational activities and plans to appeal before CIT-Appeals.

Sasken Technologies Board Meeting Held March 24, 2026 to Consider Business Matters 8 hrs ago Today

Sasken Technologies Pays Rs 11.28 Lakh Fine to BSE and NSE for Listing Regulation Non-Compliance 7 days ago

Sasken Technologies Board Meeting Scheduled for March 24, 2026 7 days ago

Sasken Technologies Receives ₹2.68 Lakh Penalty from BSE and NSE for Regulatory Non-Compliance Mar 02, 2026

More news about Sasken Technologies

06Feb 26

Sasken Technologies Receives Income Tax Order with ₹1,45,100 Demand from CPC

Sasken Technologies Limited received an Income Tax intimation order from CPC under section 143(1) on February 6, 2026, creating a tax demand of ₹1,45,100 related to its superannuation fund trust for AY 2025-26. The company reported no material impact on financial or operational activities and plans to appeal the order before CIT - Appeals.

02Feb 26

Sasken Technologies Allots 43,670 Equity Shares to Employees Under RSU Plan

Sasken Technologies Limited completed the allotment of 43,670 equity shares to employees under its Restricted Stock Units program on February 2, 2026. The shares were issued at par value of Rs. 10 each under the Sasken Employees Share Based Incentive Plan, 2016, bringing the total issued shares to 15,186,471 and share capital to Rs. 151,864,710. The allotment was conducted in full compliance with SEBI regulations.

06Jan 26

Sasken Technologies Shareholders Approve Meeta Malhotra as Independent Director

Sasken Technologies has successfully completed shareholder approval for Ms. Meeta Malhotra's appointment as Non-Executive Independent Director, receiving overwhelming support with 99.99% votes in favor through postal ballot. Ms. Malhotra, who brings over 25 years of experience in brand consulting and marketing, will serve a five-year term starting October 22, 2025, strengthening the company's board with her expertise from organizations like Ray+Keshavan and Stanford University.

27Dec 25

Sasken Technologies Clarifies Stock Price Movement Amid GST Demand Proceedings

Sasken Technologies has responded to BSE's inquiry about significant stock price movement, attributing it to market conditions while confirming full compliance with disclosure norms. The company closed its trading window from December 16, 2025, for Q3 FY26 results consideration. This development occurs alongside ongoing GST proceedings where the company faces Rs 45.29 crore in demands across FY 2017-18 and 2018-19, which it plans to appeal before GSTAT.

28Nov 25

Sasken Technologies Faces Rs 8.82 Lakh Fine for Alleged Regulatory Non-Compliance

Sasken Technologies Limited has been fined Rs 8.82 lakh by BSE and NSE for alleged non-compliance with board composition regulations. The company disputes these allegations and plans to seek withdrawal of the penalties. The fines relate to the composition of the Board of Directors and Stakeholders Relationship Committee. Sasken Technologies asserts that it has consistently met the regulatory requirements and will file an application for the withdrawal of the fines. The company states that the fines will not impact its financial or operational activities beyond the monetary value of the penalties.

24Nov 25

Sasken Technologies Bolsters Leadership with Appointment of Nirmala Datla as Chief of Data Science and Engineering

Sasken Technologies Limited has announced the appointment of Ms. Nirmala Datla as Chief of Data Science and Engineering and Site Head for Hyderabad, effective November 24, 2025. With over 30 years of experience in Product Engineering and Engineering Services, Datla brings a wealth of expertise from her previous roles at HCL Technologies, Microsoft India, and Motorola India. Her appointment is expected to enhance Sasken's capabilities in data science and engineering. Datla's experience includes managing portfolio sizes exceeding 600 million, focusing on digital business across various industry verticals.

20Nov 25

Sasken Technologies Bolsters Leadership with New Chief Growth AI Officer

Sasken Technologies Limited has appointed Mr. Rajeev Ved as its new Chief Growth AI Officer, effective November 20, 2025. Ved brings over 25 years of experience in strategy, operations, and digital transformation, with expertise in B2B technology, industrial technology, telecommunications, and mobility sectors. He previously served as CEO MD of Hitachi Rail STS India and has worked with consulting firms like BCG and Bain. Ved holds an MBA from the University of Michigan and a BS in Computer Science from the University of Maryland. This appointment signals Sasken's focus on leveraging AI for growth and innovation in product engineering and digital transformation services.

07Nov 25

Sasken Technologies Declares ₹12 Interim Dividend Amid Q2 Profit Dip and Revenue Surge

Sasken Technologies reported mixed Q2 results with revenue doubling to ₹2.60 billion, while net profit declined to ₹98.00 million. The company declared an interim dividend of ₹12 per share. EBITDA increased to ₹150.00 million, with margin improving to 5.87%. The order book stood at $28.50 million, including $20.20 million in new business. Despite challenges, the company remains focused on growth and operational efficiency.

21Sept 25

Sasken Technologies Unfazed by U.S. H-1B Visa Program Changes

Sasken Technologies Ltd. has announced that recent modifications to the U.S. H-1B visa program, including a $100,000 annual application fee, will not impact its business operations. The company's offshore-centric delivery model, with the majority of its workforce based in India, ensures resilience against these regulatory changes. Sasken's strategic workforce distribution combines remote delivery from India with locally hired onsite or nearshore staff when needed, allowing for continued service to global clients in sectors such as semiconductor, automotive, industrial, and communications.

18Sept 25

Sasken Technologies Partners with VicOne to Boost Automotive Cybersecurity

Sasken Technologies Limited has formed a strategic partnership with VicOne, a Trend Micro subsidiary, to provide comprehensive automotive cybersecurity solutions for global OEMs and Tier-1 suppliers. The collaboration combines VicOne's cybersecurity solutions with Sasken's engineering expertise to address cyber threats in connected and electric vehicles. The partnership aims to deliver scalable security solutions across ECUs, operating systems, and cloud systems, while also facilitating knowledge exchange between the two companies.

12Jun 25

Sasken Technologies Partners with Microsoft to Accelerate Smart Device Innovation

Sasken Technologies has announced a strategic collaboration with Microsoft, leveraging the Microsoft Devices Ecosystem Platform (MDEP) to enhance smart device development. The partnership aims to accelerate innovation cycles, streamline development processes, and improve capabilities of future smart devices within Microsoft's ecosystem. This collaboration is expected to benefit both companies by reinforcing Sasken's position in product engineering and expanding Microsoft's device ecosystem reach.

25Apr 25

Sasken Technologies Reports Strong Q4 FY25 Growth, Revenue Up 35.8% YoY; Declares Dividend

Sasken Technologies Limited announced its Q4 FY25 and FY25 financial results, showing significant growth. Q4 consolidated revenues reached ₹148.01 crores, up 35.8% YoY. FY25 consolidated revenues were ₹550.91 crores, a 35.6% YoY increase. The company secured deals worth USD 16.7 million in Q4, including new orders of USD 7.8 million. The Board recommended a final dividend of ₹13 per equity share for FY25. Sasken reported its lowest ever LTM employee attrition rate of 7.8% and a Q4 attrition rate of 5.7%.

14Apr 25

Sasken Technologies Strengthens IoT and 5G Capabilities with Borqs Technologies Acquisition

Sasken Technologies Limited has finalized the acquisition of BORQS International Holding Corp on April 8, 2025. This strategic move enhances Sasken's capabilities in IoT and 5G product development, aligning with their '60x4x3' growth strategy. The acquisition brings expanded expertise, end-to-end solutions, and valuable intellectual property to Sasken. Borqs' founder, Hareesh Ramana, joins Sasken's leadership team. The merger is expected to strengthen Sasken's position in high-demand markets and accelerate innovation in connected devices.

08Apr 25

Sasken Technologies Expands IoT Capabilities with $40 Million Acquisition of Borqs International

Sasken Technologies' subsidiary has acquired BORQS International Holding Corp for up to $40 million, enhancing its IoT capabilities. The deal, completed on April 8, 2025, involves purchasing 100% share capital of BORQS and its subsidiaries. This strategic move aims to strengthen Sasken's position in IoT product development, from concept to market. BORQS specializes in customized IoT solutions and had a consolidated turnover of $32.05 million in FY2023.