SASKENNSESasken Technologies Limited· Computers - SoftwareLowNeutral
Announced Wed, 30 Jul · 22:39 IST

Sasken Technologies Limited has informed the Exchange regarding allotment of 21220 securities pursuant to ESOP/ESPS at its meeting held on July 28, 2025

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sasken Technologies has allotted 21,220 equity shares of ₹10 each to its employees under the Sasken Employees Share Based Incentive Plan, 2016, following approval by the Share Allotment Committee on July 28, 2025. The shares were issued at par (₹10) with no premium, and distinct share numbers range from 30336704 to 30357923. After this allotment, the total issued share capital stands at 15,142,801 shares (₹15.14 crore). The shares are identical to existing equity shares and will be listed once credited to employees' demat accounts. There is no lock-in period on these shares.

Likely market impact

This is a routine, small-scale ESOP allotment (about 0.14% of total shares) and is unlikely to have any meaningful impact on the stock price or shareholder value. It reflects ongoing employee incentive activity and slight dilution of existing shareholding.