SASKENNSESasken Technologies Limited· Computers - SoftwareHighPositive
Announced Fri, 7 Nov · 20:23 IST

Sasken Technologies Limited has informed the Exchange that Board of Directors at its meeting held on November 07, 2025, declared Select Dividend of Rs. 12 per equity share.

Corporate Actions View source PDF

SASKEN · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Sasken Technologies Limited, at its meeting held on November 7, 2025, approved a 'select' dividend of Rs. 12 per equity share. In Indian corporate parlance, a 'select dividend' refers to a special one-time dividend paid to shareholders on top of any regular dividend. The company has not yet indicated the record date or payment timeline in this filing. This is a positive return-of-capital action for investors holding the stock on the relevant record date.

Likely market impact

A special dividend rewards existing shareholders with immediate cash income and typically reflects strong free cash flow and a healthy balance sheet. In the short term, the stock price may adjust downward by roughly the dividend amount on the ex-date, but the news is generally viewed positively as a signal of financial strength.