Sasken Technologies Ltd

Meeting Details

• Date/time: 20 August 2026, 9:30–10:30 (MKP Securities)
• Date/time: 20 August 2026, 2:30–3:30 (Nippon AIF)
• Mode: Virtual meetings
• Organisers: MKP Securities and Nippon AIF
• Participants: Company representatives (roles not specified)
• Purpose: discuss Q1 FY27 and prior quarters
• Materials: presentation for Q1 FY27 and prior quarters on Sasken website

Meeting Details

• 18 August 2026, 10:00–11:00, virtual meeting with Sanshi Fund.
• 18 August 2026, 11:00–12:00, virtual meeting with PhillipCapital India Pvt Ltd.

Participants

• Company management representatives to participate in both meetings.

Purpose

• Investor interaction regarding Q1 FY27 results and prior quarters.

Additional Notes

• Investor presentation for Q1 FY27 and prior quarters is publicly available on Sasken's website.

Dematerialisation/rematerialisation reporting status

• Details of dematerialised/rematerialised securities during the period have been furnished to all stock exchanges.

Overview

• Standalone BRSR FY2025-26; Sasken delivers chip-to-cognition engineering across semiconductor, automotive, and telecom.
• Reporting boundary is standalone; BRSR filed with the annual report; reasonable assurance by J Sundharesan & Associates.
• Assurance applies to BRSR and is part of Sasken’s Annual Report.

Key ESG Risks & Opportunities

• Responsible AI governance risk; privacy/regulatory exposure; opportunity from regulated clients requiring governance.
• Human capital risk from skilled-labour shortages; mitigation via DEI, learning, wellbeing and retention.
• Data privacy governance risk; ISO 27701/TISAX; DPIAs; reduces breach risk and supports EU engagements.
• Technology disruption readiness; early capability development and multi-year engagements mitigate obsolescence.
• Environmental carbon intensity risk; decarbonization opportunities; target carbon neutrality by 2030.
• Diversity & inclusion opportunity; 27% women hires; awards enhance talent attraction.
• Supply chain risk; vendor governance; 100% inputs from eco-certified suppliers to reduce disruption.
• Regulatory/compliance event: rectified Reg 17(1) and 20(2)/(2A); fines paid; governance strengthened.

Governance & Policy Highlights

• Board with independent directors; committees include Audit, CSR, Nomination & Remuneration, Risk, Stakeholders, Strategy, Investment.
• Additional Independent Director V. Suryanarayanan appointed June 2026 for five-year term.
• Policies: anti-bribery, whistleblower, human rights, data privacy, RPT, dividend policy; board-approved.
• Risk governance: Risk Council; regular reviews by Risk Committee and Board; ISO 27001/27701; CSR governance.
• Material compliance events: rectified governance gaps; fines paid; BRSR assurance maintained.

Social Responsibility & Workforce

• Group headcount 2,446; 1,828 permanent; 27% of global hires are women; FY26 attrition 8.98%.
• Employee well-being: 290 initiatives; NPS-equivalent 4/5; health, wellness and engagement programs.
• CSR spend ₹162.20 lakh; five long-term programs; beneficiaries include 13,089 children and 4,526 eye screenings.
• DEI focus: leadership programs (SHESpeaks/SHEJoins/SHELeads); recognition awards and strong employer branding.
• Whistleblower mechanism in place; no whistleblower complaints; governance communications via investor portal.

Environmental Performance

• Energy: 80% from renewable sources; 20% offset via I-REC; carbon neutrality target by 2030.
• GHG: Scope 1 194 tCO2e; Scope 2 gross 520 tCO2e; Scope 3 1,361 MT CO2e.
• Water: 11,369 KL withdrawn; 60 KLD wastewater treatment; water intensity 0.00000213 per turnover.
• Waste: total 117.15 MT; ZLD target with high waste-diversion emphasis; recovery initiatives implemented.
• Certifications: ISO 14001, ISO 27001, ISO 27701; TISAX; ASPICE; EU GDPR compliance.

Stakeholder Engagement & Complaints

• Key stakeholders: shareholders, customers, employees, suppliers, NGOs/communities, government; engagement quarterly/annual.
• Complaints: no whistleblower complaints; investor grievances routed via RTA and investor@sasken.com.
• Community grievance mechanism via email/letters; CSR reviews and continuous stakeholder engagement.

Other Notable Metrics

• Patents: 75 patents granted; ISA/IP portfolio supports technology leadership.
• Borqs acquisition: total consideration ₹2,560.25 million; goodwill ₹1,732.30 million; Borqs entities consolidated.
• Awards: EcoVadis Bronze; Sustainable Organization Award; iNFHRA ESG awards; Great Place to Work recognition.
• Data privacy/cyber: ISO 27001/27701; DPIAs; cross-border data transfer mechanisms; robust privacy governance.
• CSR ROI: SROI figures notable (e.g., SEWA ₹2.53 per ₹1; Nayana ₹8 per ₹1; Nutrition ₹52 per ₹1).

AGM 38th outcomes

• AGM: 38th Annual General Meeting on 31 July 2026 via VC.
• Audited financial statements for FY2025-26 to be adopted.
• Final dividend proposed: ₹13 per share.
• Record date for dividend: 24 July 2026; payment by 28 Aug 2026.
• Ordinary resolution: Re-appoint Pranabh D. Mody as Director, liable to retire by rotation.
• Special resolution: Appoint V. Suryanarayanan as Independent Director for 5 years.
• Special resolution: Meeta Malhotra appointed Women Independent Director for 5 years.
• Special resolution: Re-appoint M S K A & Associates LLP as Statutory Auditors for up to 5 years.
• Special resolution: Remuneration payable to Non-Executive Directors approved (Aug 14, 2025).
• Meeta Malhotra approval via postal ballot; results announced 6 Jan 2026.
• E-voting window: 9:00 AM to 5:00 PM, 26–30 July 2026; cut-off 24 July 2026.

Tax dispute update

• Authority: ITAT Bangalore issued the tax appeal order.
• Order relates to ITA Nos. 2057 & 2058/Bang/2025 for AY 2017-18 and 2020-21.
• Company received the order on July 1, 2026.
• ITAT held no TDS applicable on overseas branches and deleted 14A and 80G disallowances.
• Disallowance of ₹7 lakh to a UK resident sustained.
• Contingent liability reduced by about ₹4.50 crore for AY 2017-18 and ₹0.58 crore for AY 2020-21.
• Refund of corresponding amounts is expected from the Income-tax Department.

Hyderabad CoE launch

• Sasken launched a Center of Excellence in Hyderabad.
• The center expands regional delivery and product engineering capabilities.
• It aims to deepen collaboration with Qualcomm and OEM customers.

Focus areas

• The CoE will support connected devices, 5G platforms, IoT, embedded systems, and digital engineering.
• It targets faster engineering cycles and product innovation for global programs.

Leadership and hiring

• Nirmala Datla was appointed Site Leader for the Hyderabad CoE.
• Sasken plans to hire 100+ specialized professionals in coming months.
• Hiring will focus on semiconductors, ODM, automotive, and Data Science roles.

Strategic impact

• Management said the investment supports growth in product engineering and digital transformation.
• The company expects greater speed, scale, and customer proximity from Hyderabad.