SASKENNSESasken Technologies Limited· Computers - SoftwareLowNeutral
Announced Wed, 30 Jul · 22:36 IST

Sasken Technologies Limited has informed the Exchange regarding Allotment of 21220 Shares.

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SASKEN · price

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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 face value ₹10 each to its employees upon the exercise of Restricted Stock Units (RSUs). The allotment was approved by the Share Allotment Committee on July 28, 2025, under the Sasken Employees Share Based Incentive Plan, 2016. The shares were issued at par (₹10 each, no premium) and carry no lock-in. Post-allotment, the total issued share capital stands at 15,142,801 shares (₹15.14 crore). The company will apply for listing of these shares on BSE and NSE once they are credited to employees' demat accounts.

Likely market impact

This is a routine employee stock benefit allotment with negligible dilution (~0.14% of total share count). No material impact on share price is expected; it simply reflects employees converting their RSUs into actual shares.