Sasken Technologies Limited — AGM Information 2022

Jul 20, 2022

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

July 20, 2022

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 / Madam, Sub: Summary of proceedings of the 34[th] Annual General Meeting of the Company Ref: Scrip Code 532663/ SASKEN

In furtherance to our letter dated June 27, 2022, we confirm that the 34[th] Annual General Meeting of the Company was held today from 10:00 A.M. to 10:50 A.M. through Video Conferencing / Other Audio Video 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

Digitally signed by PAAWAN PAAWAN BHARGAVA BHARGAVA Date: 2022.07.20 20:25:39 +05'30'

Paawan Bhargava 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

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SUMMARY OF PROCEEDINGS OF THE 34[TH] ANNUAL GENERAL MEETING

The 34[th] Annual General Meeting (AGM) of the Members of Sasken Technologies Limited (‘the Company’) was held on Wednesday, July 20, 2022 at 10:00 A.M. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting was held in compliance with the General Circulars 14/2020, 17/2020, 20/2020, 02/2021 and 02/2022 issued by the Ministry of Corporate Affairs (MCA) and SEBI Circular No. SEBI/ HO/ CFD / CMD1/ CIR/P/2020/79 dated May 12, 2020, SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated January 15, 2021 and SEBI/HO/CFD/CMD2/CIR/P/2022/62 dated May 13, 2022 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 10:50 A.M. (including time allowed for e-voting at AGM).

Mr. Rajiv C. Mody, Chairman of the Company chaired the meeting. The requisite quorum being present, the Chairman called the meeting to order. The Chairman welcomed the Shareholders, Statutory and Secretarial Auditors joined over VC/OAVM.

The Chairman informed that this AGM was being held through VC/OAVM in accordance with the circulars issued by the Ministry of Corporate Affairs and SEBI. He requested other Directors to introduce themselves and thereafter delivered his speech. Mr. Bharat V. Patel, Independent Director and Chairman of Nomination Remuneration Committee was unable to attend the AGM and other Directors of the Company attended the AGM.

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 and Annual Report for the financial year 2021-22 as circulated to members were taken as read.

The following items of business, as per the Notice of AGM dated April 21, 2022, were transacted at the meeting. Shareholders were provided with 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 Resolutions
Ordinary Business
1	Adoption of (a) the Audited Standalone Financial Statements of the Company for the year ended March 31, 2022, together with the Reports of the Board of Directors and the Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the year ended March 31, 2022, together with the report of the Auditors thereon.	Ordinary

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2	(a) Confirmation of interim dividend of Rs.12 per equity share declared in October 2021; and (b) declaration of final dividend of Rs.13 per equity share for the financial year 2021-22.	Ordinary
3	Appointment of Director in place of Mr. Pranabh D Mody (DIN: 00035505) who retires by rotation and being eligible, offers himself for re-appointment.	Ordinary
Special Business
4	Appointment of Mr. Som Mittal (DIN: 00074842) as an Independent Director	Special
5	Re-categorizing Dr. G. Venkatesh (DIN: 00092085) from Independent Director to Non-Independent Director.	Ordinary
6	Engaging Mylspot Education Services Private Limited for providingconsultancyservices.	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 e-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

Paawan Bhargava Company Secretary