Sasken Technologies AGM 2026: Rs 13 Dividend Cleared

Meeting held via VC under MCA and SEBI framework

Sasken Technologies Ltd held its 38th Annual General Meeting (AGM) on July 31, 2026 through Video Conferencing and Other Audio-Visual Means (VC/OAVM). The company said the format followed circulars issued by the Ministry of Corporate Affairs and SEBI. For legal and compliance purposes, the AGM was deemed to have taken place at the company’s registered office in Bengaluru. The meeting agenda focused on standard annual approvals, dividends, and statutory appointments. The company provided electronic participation and voting options to shareholders. The AGM framework is now common among listed companies that continue to use remote participation modes permitted by regulators.

Venue, timing, and quorum details

The AGM was scheduled for Friday, July 31, 2026 at 10:00 am IST. Sasken stated that all directors attended the AGM and that the requisite quorum was present. The venue was deemed to be the registered office at 139/25, Ring Road, Domlur, Bengaluru – 560 071. The company also shared its corporate identifiers and contact details for shareholders, including CIN: L72100KA1989PLC014226 and website www.sasken.com. The use of VC/OAVM was positioned as compliant with the applicable regulatory directions. The arrangement allowed shareholders to join and interact without physical presence at the registered office.

E-voting and participation facilities for shareholders

Shareholders were offered remote e-voting and interactive participation facilities for the AGM. The cut-off date for determining voting eligibility was Friday, July 24, 2026, and shareholders holding shares as of that date were eligible to vote electronically. The remote e-voting window opened at 9:00 am IST on Sunday, July 26, 2026 and closed at 5:00 pm IST on Thursday, July 30, 2026. Sasken noted that the remote e-voting module would be disabled for voting from 5:00 pm on July 30, 2026. The e-voting platform referenced was NSDL’s website at www.evoting.nsdl.com. The company also indicated that voting results, along with the scrutinizer’s report, would be declared within the prescribed timeline and displayed on the company’s website and NSDL’s website, and communicated to BSE Limited and the National Stock Exchange of India Limited.

Key documents and FY2025-26 statutory records

Sasken said that key statutory documents for FY 2025-26 were taken as read at the meeting. This is typically done when documents have been made available to members in advance under applicable rules. The AGM covered adoption of the audited standalone and consolidated financial statements for the year ended March 31, 2026. These approvals form part of the ordinary business at an Indian listed company AGM. The company also referenced adherence to procedural requirements for shareholder participation and voting. No additional financial line items were provided in the disclosed text beyond dividend-related details.

Dividend: final Rs 13 per share and total FY2025-26 payout

One of the main items of business was the declaration of a final dividend of Rs 13 per equity share of face value Rs 10 each for the year ended March 31, 2026. The Board of Directors had recommended this final dividend at its meeting held on May 08, 2026. The company also stated that this final dividend, when combined with the interim dividend of Rs 12 per equity share declared on November 07, 2025, aggregates to a total dividend of Rs 25 per equity share for FY2025-26. The record date for the purpose of final dividend was Friday, July 24, 2026. The final dividend payment date was indicated as on or before Friday, August 28, 2026.

Director reappointment approved: Pranabh D. Mody

The AGM approved the reappointment of director Pranabh D. Mody, who retired by rotation and offered himself for reappointment. Retire-by-rotation reappointments are part of routine corporate governance in many listed companies. The approval indicates shareholder consent for continuation of the director’s term in line with the company’s Articles and applicable law. The disclosure did not include additional details on committee roles or tenure beyond the reappointment resolution. The item was included as part of the AGM’s ordinary business agenda.

Statutory auditor continuity till 2031: M S K A & Associates LLP

Members approved the second-term reappointment of M S K A & Associates LLP as statutory auditors. The company said the first term of the auditors would end upon the conclusion of the 38th AGM. Based on the Audit Committee’s recommendation, the Board considered and recommended their reappointment for a second term of up to five consecutive years. The approved tenure runs from the conclusion of this AGM until the conclusion of the 43rd AGM in 2031. The stated rationale in the text was continuity in audit oversight through an extended appointment window.

Key dates and logistics table

Market and investor context included in the disclosure

The provided text also carried a market snapshot stating the current price of Sasken Technologies Ltd as Rs 2,067.80. It additionally referenced a “collective community sentiment” poll with 31 users voting, split as Buy 32.26%, Hold 29.03%, and Sell 38.71%. These data points reflect investor interest and near-term sentiment, but they do not replace exchange disclosures or statutory reporting. The AGM-related resolutions themselves are governance and shareholder-return items rather than operating updates. Still, dividend decisions and auditor continuity can matter for investor confidence, especially for shareholders focused on payout certainty and compliance rigor.

Support channels for e-voting and VC participation

Sasken provided support contacts for shareholders who faced issues with e-voting or VC participation. Shareholders could contact NSDL at 1800 1020 990 or 022-4886 7000, or write to evoting@nsdl.com. For CDSL, the helpline was 1800 210 99 11 and the email helpdesk.evoting@cdslindia.com. The company’s investor contact email was listed as investor@sasken.com, and its telephone number as +91 80 6694 3000. These channels are aimed at reducing friction in participation during remote AGMs.

Conclusion: routine approvals with clear timelines

Sasken’s 38th AGM on July 31, 2026 cleared key annual items, including adoption of audited financial statements, a final dividend of Rs 13 per share, and reappointment decisions for a director and statutory auditors. The dividend timeline was accompanied by defined record and payment dates, and the e-voting process was laid out with a fixed window and platform details. The auditor reappointment until the conclusion of the 43rd AGM in 2031 provides a multi-year continuity plan for statutory audit coverage. The company also indicated that voting results and the scrutinizer’s report would be published within the prescribed timeline on relevant websites and shared with the stock exchanges. Investors tracking the stock will likely watch for the company’s stated result declaration and dividend payment completion by the indicated date.