Sasken Technologies Limited has informed the Exchange about General Updates
SASKEN · price
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Awaiting price reaction for this filing.
Sasken Technologies has notified exchanges about its 37th Annual General Meeting scheduled for Thursday, August 14, 2025, at 10:00 am IST, to be held via video conferencing. The Annual Report for FY2024-25 has been emailed to shareholders and includes the Business Responsibility and Sustainability Report (BRSR). E-voting will be open from August 9 (9:00 am) to August 13 (5:00 pm) via NSDL's platform, with the cut-off date set as August 7, 2025. The Board has recommended a final dividend of ₹13 per equity share, taking the total FY25 dividend to ₹25 per share (along with ₹12 interim already paid), with record date July 18, 2025 and payment on or before September 12, 2025. The Annual Report highlights consolidated revenue growth of 35.6% YoY to ₹550.91 crores, though net profit declined 35.9% to ₹50.51 crores. Strategic initiatives include the '60x4x3' customer growth mission, acquisition of Borqs International, expansion of Sasken Japan and Sasken Silicon subsidiaries, and a workforce of 1,894 professionals.
Routine procedural filing with positive cues on revenue growth momentum and a healthy total dividend payout of ₹25 per share for FY25, though the sharp profit decline and elevated costs from acquisitions may concern investors. Watch for AGM outcomes, dividend approval, and integration updates on Borqs and silicon subsidiaries as near-term catalysts.