Sasken Technologies Limited — AGM Information 2021

Jul 22, 2021

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BSE Limited, Dept. of Corporate Services - CRD Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001

July 21, 2021

National Stock Exchange of India Limited Exchange Plaza, C-1, Block - G, Bandra Kurla Complex, Bandra (E) Mumbai-400 051

By Web Upload

Dear Sir,

Sub: Summary of proceedings of the 33[rd] Annual General Meeting of the Company Ref: Scrip Code 532663/ SASKEN

In furtherance to our letter dated June 24, 2021, we confirm that the 33[rd] Annual General Meeting (AGM) of the Company was held on Wednesday, July 21, 2021 from 10.00 a.m. to 10.49 a.m. through video conference and other audio-visual means.

As required under Regulation 30, Part-A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the summary of the proceedings of the aforesaid AGM.

Thanking you,

Yours faithfully For Sasken Technologies Limited

S. Prasad Associate Vice President & Company Secretary

Encl. as above

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Sasken Technologies Limited 139/25, Ring Road, Domlur, Bengaluru 560071, India T: +91 80 6694 3000, F: +91 80 2535 1133, E: info@sasken.com CIN: L72100KA1989PLC014226 | www.sasken.com

SUMMARY OF PROCEEDINGS OF THE 33[RD] ANNUAL GENERAL MEETING

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The 33[rd] Annual General Meeting (AGM) of the Members of Sasken Technologies Limited (‘the Company’) was held on Wednesday, July 21, 2021 at 10.00 A.M. (IST) through video conference and other audio-visual means (VC). The meeting was held in compliance with the General Circular numbers 14/2020, 17/2020, 20/2020 and 02/2021 issued by the Ministry of Corporate Affairs (MCA) and Circular numbers SEBI/HO/CFD/CMD1/CIR/P/2020/79 and SEBI/HO/CFD/CMD2/CIR/P/2021/11 issued by the Securities and Exchange Board of India (SEBI) and as per the applicable provisions of the Companies Act, 2013 and the Rules made thereunder.

The meeting commenced at 10.00 A.M. and concluded at 10.49 A.M. (including time allowed for e- voting at AGM).

Mr. Rajiv C Mody, Chairman of the Company chaired the meeting. The Chairman informed that this annual general meeting was being held through video conference in accordance with the circulars issued by the Ministry of Corporate Affairs and SEBI. He requested other Directors to introduce themselves. The requisite quorum being present, the Chairman called the meeting to order. All the Directors of the Company attended the meeting.

The Chairman welcomed the shareholders, auditors and other invitees joining over VC and delivered his speech. The Chairman informed that the Company had provided members the facility to cast their vote electronically, on all resolutions set forth in the Notice. AGM Notice, statutory auditors’ report, secretarial audit report and other relevant documents thereto for the financial year 2020-21 as circulated to members were taken as read.

The following items of business, as per the Notice of AGM dated April 22, 2021, were transacted at the meeting. Shareholders were provided a facility to ask questions or express their views through VC, audio and through chat on the aforesaid resolutions. Clarifications were provided to the queries raised by the members. The resolutions were passed with the requisite majority.

No.	Resolutions	Type of Resolution
Ordinary Business
1.	Adoption of (a) the Audited Standalone Financial Statements of theCompany for the year ended March 31, 2021, together with the Reportsof the Board of Directors and the Auditors thereon; and (b) the AuditedConsolidated Financial Statements of the Company for the year endedMarch31,2021, togetherwiththereport oftheAuditors thereon.	Ordinary
2.	(a) Confirmation of interim dividend of Rs. 10 per equity sharedeclared in October 2020; and (b) declaring a final dividend of Rs. 15per equity share for the financial year 2020-21.	Ordinary
3.	Appointment of Director in place of Ms. Neeta S. Revankar (DIN:00145580) who retires by rotation and being eligible, offers herself forre-appointment.	Ordinary

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4.	Appointment of M/s. MSKA & Associates, Chartered Accountants(ICAI Firm Registration No. 105047W) as Statutory Auditors of theCompany effective from the conclusion of this AGM for a period ofup to 5 years.	Ordinary
Special Business
5.	Re-appointment of Mr. Sunirmal Talukdar (DIN: 00920608) as anIndependent Director.	Special
6.	Appointment of Dr. G. Venkatesh (DIN: 00092085) as an IndependentDirector.	Ordinary

The Board of Directors have appointed Mr. Gopalakrishnaraj H H, Practicing Company Secretary as a Scrutinizer to supervise and scrutinize the e-voting process. The Chairman authorized the Company Secretary to declare the results of voting, intimate the stock Exchanges and place it on the website of the Company.

The Scrutinizer’s Report was received and accordingly all the resolutions as set out in the Notice were declared as passed.

This is for your information and records.

Thanking you,

Yours faithfully For Sasken Technologies Limited

S. Prasad

Associate Vice President & Company Secretary