Saksoft Limited — Capital/Financing Update 2025

Jan 30, 2025

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January 30, 2025

The Listing/Compliance Department The National Stock Exchange of India Limited “Exchange Plaza” Bandra Kurla Complex, Bandra (E) Mumbai – 400 051 Stock Code: SAKSOFT		The Listing/Compliance Department BSE Limited Floor No.25, Phiroze JeejeebhoyTowers, Dalal Street, Mumbai – 400 001 Stock Code: 590051

Subject: Acquisition of Zetechno Products and Services Private Limited

R e f : Earlier intimation made on December 21,2024 by the Company under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”)

Dear Sir/Madam,

With reference to the earlier intimation made on December 21,2024 regarding the acquisition of M/s. Zetechno Products and Services Private Limited by Saksoft Limited, this is to inform that the transaction has now been completed.

An updated disclosure is provided in Annexure A .

We request you to take the above information on record.

Thanking you,

For Saksoft Limited

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Ms. Meera Venkatramanan Company Secretary

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Annexure A

Disclosure under Regulation 30 of the SEBI LODR Regulations:

S. No.	Particulars	Disclosures
1	Name of the target entity, details in brief such as size, turnover etc.	Zetechno Products and Services Private Limited (“Zetechno”) is a niche ServiceNow Premier Consulting and Implementation Partner based in Hyderabad offering the entire gamut of Implementation, Support & Maintenance, Upgrades and Custom Applications. Turnover of Zetechno for the year ended March 31, 2024 was around Rs. 3.33 crores.
2	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”	No. The transaction does not fall within the related party transaction and none of the promoter/promoter group/ group companies have any interest in the entity being acquired.
3	Industry to which the entity being acquired belongs	The entity being acquired belongs to the IT / ITes industry
4	Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)	This acquisition will help elevate and strengthen Saksoft’s Capability on the ServiceNow platform related services and in the areas of IT Service Management.
5	Brief details of any governmental or regulatory approvals required for the acquisition	No government or regulatory approval is required for the acquisition.

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6	Indicative time period for completion of the acquisition	The transaction is expected to be completed within the next four weeks.
7	Consideration - whether cash consideration or share swap or any other form and details of the same;	The Company will discharge the consideration under the Share Purchase Agreements by way of cash.
8	Cost of acquisition and/or the price at which the shares are acquired	Total closing cash consideration of Rs 3 Crores (3 Crores only).
9	Percentage of shareholding / control acquired and / or number of shares acquired	On completion of the transaction, Saksoft Limited will own 100% of equity interest in Zetechno.
10	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief)	Zetechno is a Private Limited Company engaged in the business of providing Premier Consulting services, offering the entire gamut of Implementation, Support & Maintenance, Upgrades and Custom Applications. Date of Incorporation: 21/03/2017 Country of Incorporation: India Turnover for the last 3 years: FY 2023-24 – Rs. 3.33 crores FY 2022-23 – Rs. 3.10 crores FY 2021-22 – Rs. 2.56 crores

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