SAKSOFTNSESaksoft Limited· Computers - SoftwareMediumNeutral
Announced Mon, 25 May · 17:16 IST

Saksoft Limited has informed the Exchange regarding Change in Director(s) of the company.

Promoter Family Board EntryManagement Changes View source PDF

SAKSOFT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.1%1-day move
₹142.65
prior close
₹145.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+2.4+1.7+3.0+2.1-0.4+0.2+3.7+2.3+0.2+0.2+29.4+15.6
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AI summary

Saksoft Limited held its Board Meeting on May 25, 2026 and approved multiple items. For FY 2025-26, the company reported consolidated total income of Rs 10,270.83 Crores (up 14% from Rs 8,998.41 Crores) and consolidated net profit of Rs 1,332.70 Crores (up 22% from Rs 1,088 Crores). The Board recommended a final dividend of Rs 0.55 per share (55% on Rs 1 face value), in addition to the interim dividend of Rs 0.45 per share already paid in November 2025. Three new directors were appointed: Mr. Vaidyanathan Sreenivasan and Mr. Mahesh Mazumdar Ramakant as Non-Executive Independent Directors, and Ms. Avantika Krishna (currently Chief Sales Officer) as Executive Whole-Time Director and KMP, all for a 5-year term from May 25, 2026, subject to shareholder approval. The statutory auditors issued an unmodified audit opinion on both standalone and consolidated financial results.

Likely market impact

Strong financial performance with 22% increase in net profit and a combined dividend of Rs 1.00 per share for FY 2025-26 signals positive shareholder returns. The appointment of two independent directors enhances board governance and independence.