Sasken Technologies Limited — AGM Information 2023

Jul 27, 2023

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

July 26, 2023

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

By Web Upload

Dear Sirs,

Sub: Summary of proceedings of the 35[th] Annual General Meeting of the Company Ref: Scrip Code 532663/ SASKEN

In furtherance to our letter dated June 29, 2023, we confirm that the 35[th ] Annual General Meeting (AGM) of the Company was held on Wednesday, July 26, 2023 from 10.00 a.m. to 10.45 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

Digitally signed by PAAWAN PAAWAN BHARGAVA BHARGAVA Date: 2023.07.26 19:15:45 +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, E: info@sasken.com CIN: L72100KA1989PLC014226 | www.sasken.com

SUMMARY OF PROCEEDINGS OF THE 35[TH] ANNUAL GENERAL MEETING

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The 35[th] Annual General Meeting (AGM) of the Members of Sasken Technologies Limited (‘the Company’) was held on Wednesday, July 26, 2023 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 No. 10/2022 dated December 28, 2022, issued by the Ministry of Corporate Affairs (MCA) and Circular No. SEBI/HO/CFD/PoD-2/P/CIR/2023/4 dated January 5, 2023 issued by Securities and Exchange Board of India (SEBI) and as per the applicable provisions of the Companies Act, 2013, the Rules made thereunder and Secretarial Standards.

The meeting commenced at 10.00 A.M. and concluded at 10.45 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 AGM was being held through video conference in accordance with the circulars issued by the MCA 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 joined 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 2022-23 as circulated to members were taken as read.

The following items of business, as per the Notice of AGM dated May 2, 2023, were transacted at the meeting. Members were provided with a facility to ask questions and / 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 the Company for the year ended March 31, 2023, 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, 2023, together with the Report of the Auditors thereon.	Ordinary
2.	(a) Confirmation of interim dividend of Rs.12 per equity share declared in October 2022; and (b) declaring a final dividend of Rs.13 perequity shareforthefinancialyear 2022-23.	Ordinary
3.	Appointment of Director in place of Dr. G. Venkatesh (DIN: 00092085) who retires by rotation and being eligible, offers himself for re-appointment.	Ordinary

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The Board of Directors has appointed Mr. Gopalakrishnaraj H H, Practicing Company Secretary, Practicing Company Secretary (Membership No. FCS 5654 and CP No. 4152), as a Scrutinizer for conducting the e-voting process in a fair and transparent manner. The Chairman authorized the Company Secretary to declare the results of voting, intimate to 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 Digitally signed by PAAWAN PAAWAN BHARGAVA BHARGAVA Date: 2023.07.26 19:16:12 +05'30'

Paawan Bhargava Company Secretary