SASKENNSESasken Technologies Limited· Computers - SoftwareMediumNeutral
Announced Tue, 6 Jan · 23:10 IST

Sasken Technologies Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

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SASKEN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sasken Technologies has announced the results of a postal ballot conducted to seek shareholder approval for the appointment of Ms. Meeta Malhotra (DIN: 01122839) as a Non-Executive Independent Director for a five-year term commencing October 22, 2025. The special resolution was passed with overwhelming shareholder support, with 99.99% of votes cast in favour (6,510,945 votes) and just 0.01% against (762 votes). Of the 15,142,801 total outstanding shares, 6,511,707 votes (43%) were polled via remote e-voting between December 8, 2025 and January 6, 2026. The scrutinizer was Gopalakrishnaraj H H & Associates, and the results have been uploaded on the company's website.

Likely market impact

This is a routine governance update confirming that shareholders have formally approved the appointment of a new independent director, strengthening the board composition. There is no material financial impact, and the near-unanimous approval reflects strong shareholder confidence in the board's choice.