Please find enclosed the annual secretarial compliance report for the year ended March 31, 2025, certified by Mr. J Sundharesan, Practicing Company Secretary. This is for your information ....
SASKEN · price
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Awaiting price reaction for this filing.
Sasken Technologies has filed its Annual Secretarial Compliance Report for the year ended March 31, 2025, certified by Practicing Company Secretary Mr. J Sundharesan, as required under SEBI Regulation 24A. The report confirms full compliance with the SEBI Act, SCRA, and applicable SEBI regulations, including the Listing Regulations, Insider Trading rules, and Secretarial Standards. No deviations, fines, or penalties were observed during the review period, and no action was taken by SEBI or the stock exchanges against the company, its promoters, directors, or subsidiaries. The only specific note is that Sasken Finland Oy, a wholly owned subsidiary, continues to be classified as a 'Material Subsidiary' effective April 1, 2023. Previous year's observations were advisory in nature and the company has since taken the necessary remedial steps.
This is a routine annual compliance filing with no negative findings, so it is neutral for shareholders. It reinforces that Sasken's corporate governance and regulatory disclosures are in good standing, which is reassuring but unlikely to move the stock price.