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Sasken Technologies share news and announcements

NSE: SASKENBSE: 532663IT - ServicesSmall Cap

Formerly Sasken Communication Technologies
Last close ₹1,788.30up ₹71.10 (4.14%)BSE ₹1,786.80

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,717.20.

52-week range of traded prices to 23 Oct 2026
₹991.00Low, 16 Mar 2026₹2,780.20High, 19 Jun 2026
Market cap
₹2,717 Cr1,111th largest listed
P/E
39.2
P/E without one-offs
35.0
P/B
3.2
Dividend yield
1.40%
ROE
8.4%
ROE without one-offs
9.5%
ROCE
7.5%
Debt to equity
0.00
Volume, NSE
89,91641.0% delivered

Sasken Technologies share news and announcements

958 announcements, routine notices left out, newest first. Page 18 of 20.

  1. Feb 2009

    • 10 Feb · Disclosure

      This has reference to the amendment to SEBI (SAST) Regulations, 1997 in respect of disclosure to be made by the Promoters/Promoter Group as well as the Company on the pledging of shares. Based on the confirmation received from the Promoters/Promoter Group, we confirm that as of date none of them have pledged any shares of the Company
  2. Jan 2009

    • 19 Jan · Audit Qualifications

      Audited financial results of the Company for the quarter and nine months ended December 31, 2008 was taken on record at the Board meeting held on January 17, 2009. The Company has further informed the Exchange regarding the Qualification in the Audit Report: "The Audit Report of the Consolidated Accounts for this period contains a qualification regarding non-recognition of impairment loss of Rs.1,519.70 lakhs pending approval of Scheme of Arrangement by the shareholders and the Court under Section 391/394 of the Companies Act, 1956. The Board of Directors, at its meeting held on December 15, 2008 has resolved to approach the High Court of Karnataka at Bangalore to create a Business Restructuring Reserve to be carved out from securities Premium account in terms of a Scheme under Section 391/394 of the Companies Act, whereby inter-alia, the losses on impairment of capitalized software products will be adjusted against the said reserve. The Scheme is yet to be notified to the Stock Exchanges and pending approval by the Company's shareholders and the High Court of Karnataka, the Company has not provided for impairment loss of Rs.1,519.70 lakhs in respect of capitalized software products, with consequential impact on the net profits for the quarter and nine months ended December 31, 2008 and the reserves position as at December 31, 2008."
    • 19 Jan · Management

      TACO Sasken Automotive Electronics Ltd. (TSAE) - a joint venture company of Tata Autocomp Systems Ltd. and Sasken Communication Technologies Ltd, that the Board of Directors of TSAE has at its meeting held on January 09, 2009 decided to close down operations of the Company. Further the Company has informed the Exchange regarding Resignation of Mr. Vinod K. Dham and Mr. Srikanth Kannankote: (1) Mr. Vinod K. Dham, a Director of the Company resigned from the Board on January 17, 2009. (2) Mr. Srikanth Kannankote, President & COO left the services of the Company on December 31, 2008.
    • 19 Jan · Business

      Media release dated January 17, 2008 titled "Sasken Q3 FY 09 PAT at Rs.14.4 Crores, up 38% QoQ and 272% YoY; Revenues at Rs.185.1 crores - up 31 % YoY and 5% QoQ". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 15 Jan · Updates

      This has reference to the news in the media about Nortel Networks Ltd. filing for Chapter 11 bankruptcy protection. We wish to inform that for the quarter ended December 31, 2008, Nortel contributed less than ten percent of our consolidated revenues, Nortel currently holds less than ten percent of the outstanding shares in our Company. Nortel has been in touch with the Company and based on the information available to us as of now, we believe that the business will continue as usual for Sasken
    • 7 Jan · Board meeting

      To consider among other things the audited financial results of the Company for the third quarter ended December 31, 2008.
  3. Dec 2008

    • 15 Dec · Business

      At its meeting held on December 15, 2008, the Board has approved the proposal to approach the shareholders of the Company and thereafter the Hon'ble High Court of Karnataka for the approval of a Scheme of Arrangement under Section 391/394 of the Companies Act, 1956. The proposed scheme envisages creation of a Business Restructuring Reserve from the Reserves & Surplus of the Company, including Share Premium Account.
    • 11 Dec · Board meeting

      Company had informed the Exchange regarding the Board's decision to write off the Capitalized Software Products Cost as at September 30, 2008 against the balance in the Share Premium Account as at September 30, 2008. The Company has now informed the Exchange that it is now proposed to enlarge the scope of the above initiative and for this purpose the next meeting of the Board of Directors of the Company will be held on December 15, 2008 to consider among other things a Scheme of Arrangement for creation of Business Restructuring Reserve from the Reserves and Surplus of the Company and to this effect seek the approval of shareholders and thereafter of the Hon'ble High Court of Karnataka under Section 391/394 of the Companies Act, 1956.
  4. Nov 2008

    • 12 Nov · Extinguishment

      Pursuant to the public announcement dated April 18, 2008, the Company commenced from September 15, 2008, its Scheme of Buyback of Equity Shares of the face value of Rs.10/- each fully paid-up, from its shareholders. The following are the details of the equity shares extinguished on November 01, 2008 : (1) Equity share capital before the said extinguishment (No. of shares) : 27,485,490. (2) No. of shares extinguished/cancelled/destroyed : 374,439. (3) Equity share capital after the said extinguishment (No. of shares) : 27,111,051.
    • 10 Nov · Updates

      Vide its letter dated November 10, 2008 that: "At the meeting of the Board of Directors of the Company held today, the Board approved to write off the Capitalized Software Products Cost as at September 30, 2008, against the balance in the Share Premium Account as at September 30, 2008 and to this effect seek the approval of shareholders under Sections 78, 100 and other applicable provisions of the Companies Act, 1956".
    • 7 Nov · Extinguishment

      Pursuant to the public announcement dated April 18, 2008, the Company commenced from September 15, 2008, its Scheme of Buyback of Equity Shares of the face value of Rs.10/- each fully paid-up, from its shareholders. The following are the details of the equity shares extinguished till October 31, 2008 : (1) Equity share capital before the said extinguishment (No. of shares) : 28,234,875. (2) No. of shares extinguished/cancelled/destroyed : 749,385. (3) Equity share capital after the said extinguishment (No. of shares) : 27,485,490.
    • 6 Nov · Updates

      Pursuant to the announcement of audited financial results of the Company for the second quarter ended September 30, 2008 on October 16, 2008, there was a Conference Call with the Analysts and Investors on that date. A copy of the transcript of the said conference call shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 6 Nov · Board meeting

      To consider among other things writing off the Capitalized Software Products Cost by adjusting against the Share Premium Account and to this effect seek the approval of shareholders under Sections 78, 100 and other applicable provisions of the Companies Act, 1956.
    • 4 Nov · Buyback of Shares

      Company has published on November 04, 2008 a "Post Buyback Public Notice" in the News paper. A copy of the notice published in the news paper shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  5. Oct 2008

    • 28 Oct · Buyback of Shares

      "Pursuant to the buy back of shares as of October 24, 2008, we have purchased 1,449,742 equity shares and the amount utilized for buy back, was Rs.15.48 crores". Further, the Company has published a Notice on a fortnightly basis in the News papers on October 27, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 24 Oct · Buyback of Shares

      "Pursuant to the buy back of shares as of October 23, 2008, we have purchased 1,324,742 equity shares and the amount utilized for buy back, was Rs.14.40 crores, thus crossing 35% of the maximum amount set aside in the buy back, viz. Rs.40 crores". Further, the Company has published a Public Notice in the News papers on October 24, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 21 Oct · Buyback of Shares

      "Pursuant to the buy back of shares as of October 20, 2008, we have purchased 1,068,631 equity shares and the amount utilized for buy back, was Rs.12.06 crores, thus crossing 30% of the maximum amount set aside in the buy back, viz. Rs.40 crores". Further, the Company has published a Public Notice in the News papers on October 21, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 17 Oct · Notice

      Sasken Communication Technologies Limited had informed the Exchange that at the Board Meeting held on October 16, 2008 the directors have decided to close the buy back after issuing a Public Notice and by completing other formalities, as applicable. The Company has now published on October 17, 2008, a Public Notice in the newspaper. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 16 Oct · Management

      Vide its letter dated October 16, 2008 that "At the Board meeting held today, Mr. Bharat P Mehta has been appointed as an Alternate Director for Mr. Jyotindra B Mody, in place of Mr. Shirish B. Mody who was hitherto an Alternate Director to him".
    • 16 Oct · Closure of Buy back

      At the Board Meeting held on October 16, 2008 the directors have decided to close the buy back after issuing a Public Notice and by completing other formalities, as applicable. A copy of the Notice shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 16 Oct · Management

      Auditor's report in respect of the audited financial results for the quarter ended September 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 16 Oct · Business

      Media release dated October 16, 2008 titled "Sasken Q2 FY 09 Revenues at Rs 176.3 crores - up 23% YoY". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 16 Oct · Results

      Standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 23402.12 lacs for half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 1634.03 lacs for the half year ending on 30-SEP-2008.
    • 16 Oct · Results

      Standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 12329.95 lacs for quarter ending on 30-SEP-2008 against Rs. 11072.17 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 719.04 lacs for the quarter ending on 30-SEP-2008 against Rs. 914.99 lacs for the quarter ending on 30-JUN-2008.
    • 16 Oct · Results

      Consolidated Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 34444.33 lacs for half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 2408.33 lacs for the half year ending on 30-SEP-2008.
    • 16 Oct · Results

      Consolidated Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 17630.86 lacs for quarter ending on 30-SEP-2008 against Rs. 16813.47 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 1036.91 lacs for the quarter ending on 30-SEP-2008 against Rs. 1371.42 lacs for the quarter ending on 30-JUN-2008.
    • 13 Oct · Buyback of Shares

      "Pursuant to the buy back of shares as of October 10, 2008, we have purchased 867,304 equity shares and the amount utilized for buy back, was Rs.10.20 crores, thus crossing 25% of the maximum amount set aside in the buy back, viz. Rs.40 crores". Further, the Company has published a Public Notice in the News papers on October 11, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 8 Oct · Extinguishment

      Pursuant to the public announcement dated April 18, 2008 Sasken Communication Technologies Limited commenced from September 15, 2008, its Scheme of Buyback of Equity Shares of the face value of Rs.10/- each fully paid-up, from its shareholders. The following are the details of the equity shares extinguished upto September 30, 2008 : (1) Equity share capital before the said extinguishment (No. of shares) : 28,560,793. (2) No. of shares extinguished/cancelled/destroyed : 325,918. (3) Equity share capital after the said extinguishment (No. of shares) : 28,234,875.
    • 8 Oct · Corrigendum

      Pursuant to the order dated September 26, 2008 passed by the Hon'ble Securities Appellate Tribunal in Appeal No. 102 of 2008 and in compliance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998, the company have published on October 08, 2008 a Corrigendum to the Public Notice cum Public Announcement dated April 18, 2008 in the newspaper. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 7 Oct · Board meeting

      To consider among other things the audited financial results of the Company for the quarter and half year ended September 30, 2008.
    • 7 Oct · Buyback of Shares

      "Pursuant to the buy back of shares as of October 06, 2008, we have purchased 672,813 equity shares and the amount utilized for buy back, was Rs.8.28 crores, thus crossing 20% of the maximum amount set aside in the buy back, viz. Rs.40 crores". Further, the Company has published a Public Notice in the News papers. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  6. Sep 2008

    • 30 Sep · Buyback of Shares

      "Pursuant to the buy back of shares as of September 29, 2008, we have purchased 495,000 equity shares and the amount utilized for buy back, was Rs.6.31 crores, thus crossing 15% of the maximum amount set aside in the buy back, viz. Rs.40 crores". Further, the Company has published a Public Notice in the News papers. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 29 Sep · Buyback of Shares

      "Pursuant to the buy back of shares as of September 26, 2008, we have purchased 410,000 equity shares and the amount utilized for buy back, was Rs.5.28 crores". Further, the Company has published a Public Notice in the News papers. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 23 Sep · Buy back

      "Pursuant to the buy back as of September 22, 2008, we have purchased 327,028 equity shares and the amount utilized for buy back, was Rs.4.17 crores, thus crossing 10% of the maximum amount set aside in the buy back, viz. Rs.40 crores". Further, the Company has published a Public Notice in the News papers. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 18 Sep · Buyback of Shares

      "We commenced the buy back of shares on September 15, 2008 and as of September 17, 2008 we have purchased 185,165 equity shares and the amount utilized for buy back, was Rs.2.38 crores, thus crossing 5% of the maximum amount set aside in the buy back, viz. Rs.40 crores". Further, the Company has published a Public Notice in the News papers. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 11 Sep · Buyback of Shares

      Notice, published in the newspaper dated September 10, 2008 regarding commencement of the Sasken Communication Technologies Limited - Buy-back Offer ("Notice"), with reference to the Public Announcement dated April 18, 2008 and letters filed on April 21, 2008 and May 02, 2008. The buy-back will commence from September 15, 2008. The copy of the said notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 8 Sep · Business

      Press release dated September 08, 2008, titled "From gold to platinum: Sasken's Annual Report shines again; Sasken's 2006-07 Annual Report has won the Platinum Award of LACP Vision Awards". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 5 Sep · Updates

      Vide its letter dated September 05, 2008 that "Following is the progress at the hearing held at SAT today. SAT noted that the issue involved in the Appeal requires detailed consideration and the matter is urgent as it pertains to buy-back of shares for which the period is running out. Therefore the appeal was directed to be set down for final hearing on 16th September 2008. In the meantime, the Appellant Company (Sasken) is allowed to proceed with the buy-back of its shares as per the Public Announcement already made and the condition imposed by the Respondent Board (SEBI) to place orders on daily/weekly basis shall remain stayed. The Learned Senior Counsel for the Appellant has given a proposal to amend the Public Announcement already made prescribing the minimum number of equity shares under the Buyback scheme. A draft proposal has been furnished to the Respondent Board who will seek instructions by the next date of hearing".
  7. Aug 2008

    • 26 Aug · Buyback of Shares

      Vide its letter dated August 25, 2008, that: "This has reference to the Public Notice cum Public Announcement dated April 18, 2008 regarding the buyback of equity shares pursuant to the provisions of Sec 77A, 77AA and 77B of the Companies Act, 1956 and the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998. We also refer to the letter dated May 2, 2008 of JM Financial Consultants P Ltd. regarding postponement of the above buyback, pending receipt of approval from Securities and Exchange Board of India (SEBI). SEBI, vide its letters dated April 29, 2008, May 29, 2008, July 25, 2008 and August 18, 2008 had imposed certain conditions / directives on us in the implementation of the proposed buyback of shares. We wish to inform you that we have filed today, an appeal before the Securities Appellate Tribunal such that the Company is permitted to proceed with the Buy Back Scheme with the same conditions as set out in its Public Notice cum Public Announcement dated April 18, 2008".
    • 6 Aug · Business

      Press release dated August 06, 2008, titled "Sasken Test Lab is the first in India to be ISO/IEC 17025:2005 accredited". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 5 Aug · Updates

      Pursuant to the announcement of audited financial results of the Company for the first quarter ended June 30, 2008 on July 18, 2008 there was a Conference Call with the Analysts and Investors on July 21, 2008. A copy of the transcript of the said conference call shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  8. Jul 2008

    • 30 Jul · Business

      Press release dated July 30, 2008, titled "Innovision and Sasken announce partnership for NFC solution". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 18 Jul · Management

      Auditor's report in respect of the audited financial results for the quarter ended June 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 18 Jul · Business

      Press release dated July 18, 2008 titled "Sasken Q1 FY 09 Revenues at Rs 168.1 crores - up 31%, PAT up 115%".A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 18 Jul · Results

      Consolidated Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 16813.47 lacs for quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 1371.42 lacs for the quarter ending on 30-JUN-2008.
    • 18 Jul · Results

      Standalone Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 11072.17 lacs for quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 914.99 lacs for the quarter ending on 30-JUN-2008.
    • 7 Jul · Board meeting

      To consider among other things the audited financial results of the Company for the quarter ended June 30, 2008.
  9. Jun 2008

    • 30 Jun · Meeting

      At the Annual General Meeting of the Company held on June 30, 2008, the shareholders have approved payment of dividend at 40% (Rs. 4 per share) of the face value of Rs. 10 each for the year ended March 31, 2008. The payment of dividend would be made on or before July 29, 2008.
    • 2 Jun · Management

      Auditor's report in respect of the audited financial results for the year ended March 31, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 2 Jun · Business

      Press release dated June 02, 2008, titled "Transfer of Nokia's Adaptation Software R&D entity to Sasken Communication Technologies completed; Sasken strengthens offerings on Series 40 software platform, connectivity and core software for silicon and hardware access". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.