Sasken Technologies Limited — Board/Management Information 2023

Feb 13, 2023

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

February 13, 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 Sir / Ma’am,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) – Regulations, 2015 (Listing Regulations) Notice of Postal Ballot seeking approval of shareholders for the appointment of (a) Mr. Raja Ramana Macha (DIN: 06904402) and (b) Mr. Sunil Sachan (DIN: 09849981) as Independent Directors.

Ref: Scrip Code 532663/ SASKEN

Pursuant to Regulation 30 of Listing Regulations, please find enclosed herewith a copy of the Postal Ballot Notice of the Company dated February 10, 2023, along with the explanatory statement thereto (‘Notice’), sent to the Members of the Company seeking their approval on the special resolutions forming part of the said Notice.

In compliance with the General Circular No. 11/2022 dated December 28, 2022 read with Circular Nos.14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020 together with other relevant circulars issued by the Ministry of Corporate Affairs, this Notice was sent today only through electronic mode to those members whose names were recorded in the Register of Members or Register of Beneficial Owners as received from the Depositories at their e-mail addresses registered with the Depositories / Company’s Registrar and Share Transfer Agent (‘RTA’) as on Friday, February 10, 2023 (‘Cut-off date’).

The Company has engaged the services of National Securities and Depository Limited (‘NSDL’) for providing remote e-voting facilities (‘e-voting’) to the members, enabling them to cast their vote electronically and in a secure manner.

Some of the key information is summarized below:

• The e-voting period commences from 9.00 a.m. (IST) on Monday, February 20, 2023 and ends at 5.00 p.m. (IST) on Tuesday, March 21, 2023 (‘e-voting period’).

• The e-voting facilities shall be disabled for voting from 5.00 p.m. on Tuesday, March 21, 2023.

• The voting rights shall be reckoned on the paid-up value of equity shares registered in the name(s) of the Member(s) as on the cut-off date. Please note that communication of assent or dissent of the Members would only take place through the e-voting module. The instructions for e-voting are provided in the Notice.

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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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• The Notice is also available on the website of the (a) Company at www.sasken.com/investors/general-meeting and (b) NSDL at www.evoting.nsdl.com.

• In case of any queries on e-voting, members may (i) refer the “ Frequently Asked Questions (FAQs) for Shareholders ” available under ‘ Help/ FAQ's ’ Tab and “ e voting User Manual - Shareholder ” available under ‘Downloads’ Tab at www.evoting.nsdl.com or (ii) call - 1800 1020 990 / 1800 22 44 30 or mail at evoting@nsdl.co.in (those holding shares in demat mode with NSDL) or (iii) call - 1800 22 55 33 or mail at helpdesk.evoting@cdslindia.com (those holding shares in demat mode with CDSL) or (iv) contact our RTA - Mr. Ganesh Chandra Patro, Asst. Vice President, Kfin Technologies Limited, Selenium Building, Tower B, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad – 500 032 or mail at einward.ris@kfintech.com (those holding shares in physical mode).

BENPOS date for sending Notice	February 10, 2023 (Friday)
Cut-off date	February 10, 2023 (Friday)
Date ofcompletionofdispatchofNotice	February13,2023 (Monday)
Remote e-voting start date	February 20, 2023 (Monday)
Remote e-voting start time	9.00 a.m.
Remote e-voting end date	March 21, 2023 (Tuesday)
Remote e-voting end time	5.00 p.m.
Date of declaration of Postal Ballot Process Result	On or before March 23, 2023 (Thursday)

We request you to kindly take the above on record.

Yours faithfully,

For Sasken Technologies Limited Digitally signed by PAAWAN PAAWAN BHARGAVA BHARGAVA Date: 2023.02.13 20:22:53 +05'30'

Paawan Bhargava Company Secretary

Encl. as above

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Sasken Technologies Limited

Registered Office: 139/25, Ring Road, Domlur, Bengaluru - 560 071. Tel: +91 80 6694 3000; Fax: +91 80 2535 1133 E-mail: investor@sasken.com; Website: www.sasken.com; CIN: L72100KA1989PLC014226

NOTICE OF POSTAL BALLOT

NOTICE is hereby given that pursuant to Section 108, 110 and other applicable provisions, if any, of the Companies Act, 2013, (‘the Act’), read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014 (‘the Rules’) and other applicable provisions of the Act and the Rules, General Circular No. 11/2022 dated 28[th] December, 2022 read with General Circular Nos.14/2020 dated 8[th] April, 2020, 17/2020 dated 13[th] April, 2020 together with other relevant circulars issued by the Ministry of Corporate Affairs (‘MCA Circulars’), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India and other applicable laws, rules and regulations (including any statutory modification and/or re-enactment thereof for the time being in force as amended from time to time), the resolution appended below are proposed to be passed by the members through postal ballot, only by way of remote e-voting process (‘e-voting’).

Accordingly, the proposed special resolutions together with the explanatory statement setting out the material facts as required under Section 102 of the Act, are annexed herewith for consideration of the members.

In accordance with the MCA circulars, members can vote only through the e-voting. Accordingly, the Company is pleased to provide e-voting facility to its members to cast their votes electronically. Members are requested to read the instructions given in the Notes to this Notice so as to cast their votes electronically not later than 5.00 p.m. IST on 21[st] March 2023, the last day fixed for casting the votes electronically.

SPECIAL BUSINESS

1. Appointment of Mr. Raja Ramana Macha (DIN: 06904402) as an Independent Director

To consider and if thought fit, to pass, with or without modification(s), the following resolution as a Special Resolution:

RESOLVED THAT in accordance with Article 114 of the Articles of Association of the Company and pursuant to the provisions of Sections 149, 150, and 152 and other applicable provisions, if any of the Companies Act, 2013 (‘Act’), the Companies (Appointment and Qualifications of Directors) Rules, 2014, read with Schedule IV of the said Act and Regulation 17, 17(1C) and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), as amended from time to time, Mr. Raja Ramana Macha (DIN: 06904402), who was appointed as an Additional Director of the Company with effect from 24[th] January 2023 and meets the criteria of independence as provided in Section 149(6) of the Act along with the rules framed thereunder and Regulation 16(1)(b) of Listing Regulations and who has submitted a declaration to that effect and in respect of whom the Company has received a Notice in writing from a Member under Section 160(1) of the Act proposing his candidature for the office of Director, be and is hereby appointed as an Independent Director of the Company, not liable to retire by rotation, to hold office for a term of up to five years from 24[th] January 2023 to 23[rd] January 2028.

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1. Appointment of Mr. Sunil Sachan (DIN: 09849981) as an Independent Director

To consider and if thought fit, to pass, with or without modification(s), the following resolution as a Special Resolution:

RESOLVED THAT in accordance with Article 114 of the Articles of Association of the Company and pursuant to the provisions of Sections 149, 150, and 152 and other applicable provisions, if any of the Companies Act, 2013 (‘Act’), the Companies (Appointment and Qualifications of Directors) Rules, 2014, read with Schedule IV of the said Act and Regulation 17, 17(1C) and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), as amended from time to time, Mr. Sunil Sachan (DIN: 09849981), who was appointed as an Additional Director of the Company with effect from 24[th] January 2023 and meets the criteria of independence as provided in Section 149(6) of the Act along with the rules framed thereunder and Regulation 16(1)(b) of Listing Regulations and who has submitted a declaration to that effect and in respect of whom the Company has received a Notice in writing from a Member under Section 160(1) of the Act proposing his candidature for the office of Director, be and is hereby appointed as an Independent Director of the Company, not liable to retire by rotation, to hold office for a term of up to five years from 24[th] January 2023 to 23[rd] January 2028.

By order of the Board

Bengaluru 10[th] February 2023

Paawan Bhargava Company Secretary

NOTES

1. An Explanatory Statement pursuant to Section 102 of the Act, setting out material facts concerning the businesses under Item Nos. 1 and 2 of the Notice, is annexed hereto. The relevant details, pursuant to Regulations 26 and 36(3) of the Listing Regulations and Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India, in respect of Directors seeking appointment are also forming part of said Statement.

2. Mr. Gopalakrishnaraj H H, Practicing Company Secretary (Membership No. FCS: 5654; CP: 4152) has been appointed as the Scrutinizer for conducting the Postal Ballot through e-voting process in a fair and transparent manner. The Scrutinizer’s decision on the validity of the Postal Ballot shall be final.

3. In compliance with the provisions of section 108 and 110 of the Act read with the Rules, the MCA Circulars and Regulation 44 of the Listing Regulations, the Company is providing the facility to all its members to exercise their right to vote by electronic means as an alternate mode of voting which will enable them to cast their votes electronically, for which necessary arrangements have been made by the Company with National Securities Depository Limited (‘NSDL’) as the agency for providing e-voting facility. The instructions for e-voting are provided as part of this Postal Ballot Notice which the members are requested to read carefully before casting their vote.

4. In compliance with the circulars, Notice of the Postal Ballot along with the Explanatory Statement is being sent only through electronic mode to those members whose names appear on the Register of Members / List of beneficial owners as on Friday , 10[th] February 2023 (‘Cut-off date’) and whose email address is registered with the Depositories / Company’s Registrar & Share Transfer Agent (‘RTA’) .

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Sasken Technologies Limited: Postal Ballot Notice

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1. Shareholders may note that the Notice will also be available on the Company’s website www.sasken.com, websites of the Stock Exchanges i.e., BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com respectively, and on the website of NSDL at www.evoting.nsdl.com. The shareholders who have not received the Notice due to any reasons may access the same on the website of the Company, Stock Exchange(s) or of NSDL.

2. Shareholders holding shares in dematerialised mode are requested to register / update their email address with the relevant Depository Participants (‘DP’) and to the RTA, in case the shares are held in physical form by providing requisite details. In case of any queries / difficulties in registering the e-mail address, shareholders may write to M/s. Kfin Technologies Limited, RTA at einward.ris@kfintech.com with a copy marked to the Company at cosec@sasken.com.

3. Shareholders seeking any information with regard to the proposed resolutions, or any matter covered in the notice are requested to write to the Company through email to cosec@sasken.com. The same will be replied by the Company suitably.

4. Shareholders would be able to cast their votes and convey their assent or dissent to the proposed resolutions only through the e-voting. Members whose names appear in the list of beneficial owners / register of members provided by the Depositories as on the Cut-off date will only be considered eligible for the purpose of e-voting.

5. Persons who become shareholders of the Company after the Cut-off date, should treat this notice only for information purpose and are not entitled to vote.

6. The voting rights of the shareholders shall be in proportion to their shares in the total paid-up equity share capital of the Company as on the Cut-off date.

7. Shareholders can vote on the resolutions only through e-voting. E-voting will commence on Monday, 20[th] February 2023 at 9.00 am (IST) and ends on Tuesday, 21[st] March 2023 at 5.00 pm (IST) . Shareholders should cast their votes during this period, for votes to be eligible for being considered. The shareholders shall not be entitled to vote thereafter. Once the vote on a resolution is cast by the shareholders, they shall not be allowed to change it subsequently.

8. All material documents referred to in the Postal Ballot Notice will be available for inspection electronically until the closing date of e-voting.

9. The resolutions, if approved shall be deemed to have been passed on the last date of e-voting, i.e., 21[st] March 2023.

10. The voting results of the Postal Ballot and Scrutinizer’s Report will be submitted within 2 working days of conclusion of postal ballot process and the same will be displayed on the websites of the Stock Exchange(s), i.e., BSE Limited and National Stock Exchange of India Limited and on Company’s website at www.sasken.com.

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Sasken Technologies Limited: Postal Ballot Notice

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PROCEDURE FOR E-VOTING

The way to vote electronically on NSDL e-voting system consists of “Two Steps” which are mentioned below:

STEP 1: Access to NSDL e-Voting system

• A) Login method for e voting for Individual shareholders holding securities in demat mode:

In terms of SEBI circular dated 9[th] December 2020 on e-voting facility to be provided by listed companies, individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are advised to update their mobile number and email ID in their demat accounts in order to access e-voting facility.

Type of shareholders

Login Method

Individual Shareholders holding securities in demat mode with NSDL.

1. ExistingIDeASuser can visit the e-Services website of NSDL viz. https://eservices.nsdl.com either on a Personal Computer or on a mobile. On the e-Services home page click on the “Beneficial Owner”icon under “Login”which is available under‘IDeAS’section, this will prompt you to enter your existing User ID and Password. 2. After successful authentication, you will be able to see e-voting services under Value added services. Click on“Access to e-voting”under e-voting services and you will be able to see e-voting page. Click on company name ore-voting service provider i.e., NSDLand you will be re-directed to e- voting website of NSDL for casting your vote during the e-voting period. 3. If you are not registered for IDeAS e-Services, option to register is available athttps://eservices.nsdl.com.Select“Register Online for IDeAS Portal” or click athttps://eservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp 4. Visit the e-voting website of NSDL. Open web browser by typing the following URL:www.evoting.nsdl.com either on a Personal Computer or on a mobile. Once the home page of e-voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section. A new screen will open. You will have to enter your User ID (i.e., your sixteen- digit demat account number hold with NSDL), Password/OTP and a Verification Code as shown on the screen. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-voting page. Click on company name ore-voting service provider i.e., NSDLand you will be redirected to e-voting website of NSDL for casting your vote during the e-voting period. 5. Shareholders/Members can also download NSDL Mobile App “NSDL Speede” facility by scanning the QR code mentioned below for seamless voting experience.

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Sasken Technologies Limited: Postal Ballot Notice

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Individual Shareholders holding securities in demat mode with CDSL

1. Users who have opted for CDSL Easi / Easiest facility, can login through their_existing user id and password_.Option will be made available to reach e-voting page without any further authentication. The users to login Easi / Easiest are requested to visit CDSL websitewww.cdslindia.comand click on login icon & New System Myeasi Tab and then use their existing my Easi / Easiest username & password. 2. After successful login, the Easi / Easiest user will be able to see the e-voting option for eligible companies where the e-voting is in progress as per the information provided by Company. On clicking the e-voting option, the user will be able to see e-voting page of the e-voting service provider for casting their vote during the e-voting period. Additionally, links also provided to access the system of all e-voting Service Providers, so that the user can visit the e-voting service providers’ website directly. 3. If the User is not registered for Easi / Easiest, option to register is available at CDSL websitewww.cdslindia.com.Click on ->login->New System _Myeasi Tab_and then click on_Register_option. 4. Alternatively, the user can directly access e-voting page by providing Demat Account Number and PAN No. from e-voting link available on www.cdslindia.comhome page. The system will authenticate the user by sending OTP on registered Mobile & E-mail as recorded with Depositories. After successful authentication, user will be able to see the e-voting option where the e-voting is in progress and also able to directly access the system of all e-votingService Providers.

Individual Shareholders (holding securities in demat mode) login through their depository participants

You can also login using the login credentials of your demat account through your DP registered with NSDL / CDSL for e-voting facility. Upon logging in, you will be able to see e-voting option. Click on e-voting option, you will be redirected to NSDL/CDSL Depository site after successful authentication, wherein you can see e-voting feature. Click on_Company name_or_e-voting_ _service provider_i.e., NSDL and you will be redirected to e-voting website of NSDL for casting your vote during the e-voting period.

Important note: Members who are unable to retrieve User ID / Password are advised to use Forget User ID and Forget Password option available at abovementioned website.

Details of Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e., NSDL and CDSL are as under:

Logintype	Helpdesk details
Individual Shareholders holding securities in demat mode with NSDL	Members facing any technical issue in login can contact NSDL helpdesk by sending a request at evoting@nsdl.co.inor call at toll free no.: 1800 1020 990 and 1800 22 44 30
Individual Shareholders holding securities in demat mode with CDSL	Members facing any technical issue in login can contact CDSL helpdesk by sending a request athelpdesk.evoting@cdslindia.comor contact at toll freeno.18002255 33

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Sasken Technologies Limited: Postal Ballot Notice

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B) Login Method for shareholders other than Individual shareholders holding securities in demat mode and shareholders holding securities in physical mode.

Process for Logging-in to NSDL e-voting website

1. Visit the e-voting website of NSDL. Open web browser by typing the following URL: www.evoting.nsdl.com either on a Personal Computer or on a mobile.

2. Once the home page of e-voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section.

3. A new screen will open. You will have to enter your User ID, your Password/OTP and a Verification Code as shown on the screen.

Alternatively, if you are registered for NSDL eservices i.e., IDEAS, you can log-in at https://eservices.nsdl.com/ with your existing IDEAS login. Once you log-in to NSDL eservices after using your log-in credentials, click on e-voting and you can proceed to Step 2 i.e., Cast your vote electronically.

1. Your User ID details are given below:

4. Your User ID details are given below:
Manner of holding shares i.e., Demat (NSDL or CDSL) or Physical	Your User ID is:
a) For Members who hold shares in demat account with NSDL.	8 Character DP ID followed by 8 Digit Client ID For example, if your DP ID is IN300 and Client ID is 12 thenyour user ID is IN30012**.
b) For Members who hold shares in demat account with CDSL.	16 Digit Beneficiary ID For example, if your Beneficiary ID is 12** thenyour user ID is 12**
c) For Members holding shares in Physical Form.	EVEN Number followed by Folio Number registered with the Company. For example, if folio number is 001 and EVEN is 123441 then user ID is 123441001

1. Password details for shareholders other than Individual shareholders are given below: a) If you are already registered for e-voting, then you can user your existing password to login and cast your vote.

2. b) If you are using NSDL e-voting system for the first time, you will need to retrieve the ‘initial password’ which was communicated to you. Once you retrieve your ‘initial password’, you need to enter the ‘initial password’ and the system will force you to change your password.

3. c) How to retrieve your ‘initial password’?

4. (i) If your email ID is registered in your demat account or with the Company, your ‘initial password’ is communicated to you on your email ID. Trace the email sent to you from NSDL in your mailbox. Open the email and open the attachment i.e., a .pdf file. Open the .pdf file. The password to open the .pdf file is your 8-digit client ID for NSDL account, last 8 digits of client ID for CDSL account or folio number for shares held in physical form. The .pdf file contains your ‘User ID’ and your ‘initial password.’

5. (ii) If your email ID is not registered, please follow steps mentioned below in process for those shareholders whose email IDs are not registered.

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Sasken Technologies Limited: Postal Ballot Notice

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1. If you are unable to retrieve or have not received the “Initial password” or have forgotten your password:

2. a) Click on “ Forgot User Details/Password ?” (If you are holding shares in your demat account with NSDL or CDSL) option available on www.evoting.nsdl.com.

3. b) “ Physical User Reset Password ?” (If you are holding shares in physical mode) option available on www.evoting.nsdl.com.

4. c) If you are still unable to get the password by aforesaid two options, you can send a request at evoting@nsdl.co.in mentioning your demat account number/folio number, your PAN, your name and your registered address etc.

5. d) Members can also use the One Time Password (‘OTP’) based login for casting the votes on the e- voting system of NSDL.

6. After entering your password, tick on Agree to “Terms and Conditions” by selecting on the check box.

7. Now, you will have to click on “Login” button.

8. After you click on the “Login” button, ‘Home page’ of e-voting will open.

STEP 2: Process to cast your vote electronically on NSDL e-voting system:

1. After successful login at Step 1, you will be able to see all the companies “EVEN” in which you are holding shares and whose voting cycle is Open.

2. Select “EVEN” of the Company to cast your vote during the e-voting period.

3. Now you are ready for e-voting as the Voting page opens.

4. Cast your vote by selecting appropriate options i.e., assent or dissent, verify / modify the number of shares for which you wish to cast your vote and click on “Submit” and “Confirm” when prompted.

5. Upon confirmation, the message “Vote cast successfully” will be displayed.

6. You can also take the printout of the votes cast by you by clicking on the print option on the confirmation page.

7. Once you confirm your vote on the resolution, you will not be allowed to modify your vote.

GENERAL GUIDELINES FOR SHAREHOLDERS

1. Institutional shareholders (i.e. other than individuals, HUF, NRI etc.) are required to send scanned copy (PDF/JPG Format) of the relevant Board Resolution / Authority letter etc. with attested specimen signature of the duly authorized signatory(ies) who are authorized to vote, to the Scrutinizer by e-mail to scrutinizer@sasken.com with a copy marked to cosec@sasken.com and evoting@nsdl.co.in. Institutional shareholders (i.e., other than individuals, HUF, NRI etc.) can also upload their Board Resolution / Power of Attorney / Authority Letter etc. by clicking on "Upload Board Resolution / Authority Letter" displayed under "e-voting" tab in their login.

2. It is recommended not to share your password with any other person and take utmost care to keep your password confidential. Login to the e-voting website will be disabled upon five unsuccessful attempts to key in the correct password. In such an event, you will need to go through the “Forgot User Details/Password?” or “Physical User Reset Password?” option available on www.evoting.nsdl.com to reset the password.

3. In case of any queries, you may refer the Frequently Asked Questions (‘FAQs’) for Shareholders and e- voting user manual for Shareholders available at the download section of www.evoting.nsdl.com or call on toll free no.: 1800 1020 990 and 1800 22 44 30 or send a request at evoting@nsdl.co.in

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Sasken Technologies Limited: Postal Ballot Notice

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Process for those shareholders whose Email IDs are not registered with the depositories for procuring user ID and password and registration of Email IDs for e-voting on the resolutions set out in this notice :

1. In case shares are held in physical mode please provide Folio No., Name of the Shareholder(s), scanned copy of the Share Certificate (front and back), PAN (self-attested), AADHAR (self-attested) by email to einward.ris@kfintech.com with a copy marked to cosec@sasken.com. RTA will revert with the process and requisite documents for registration of Email ID in the Folio.

2. In case shares are held in demat mode, please provide DP ID-Client ID (16-digit DP ID + Client ID or 16 digit beneficiary ID), Name, Copy of updated client master data or Consolidated Account statement, PAN (self-attested), AADHAR (self-attested) at einward.ris@kfintech.com with a copy marked to cosec@sasken.com. Once your details are registered, please refer to the login method explained at Step 1 (A ) above.

3. Alternatively, shareholders may send a request to evoting@nsdl.co.in for procuring User ID and password for e-voting by providing above mentioned documents.

4. In terms of SEBI circular dated 9[th] December 2020 on e-voting facility to be provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are required to update their mobile number and email ID correctly in their demat account in order to access e-voting facility.

EXPLANATORY STATEMENT

As required under Section 102 of the Act and Regulation 36 of Listing Regulations, the following explanatory statement sets out material facts relating to business mentioned under Item Nos. 1 and 2 of the accompanying Notice and should be read as forming part of the Notice.

Item No.1:

Mr. Raja Ramana Macha (DIN: 06904402) born on 26[th] August 1966, aged 56 years, is Executive Vice President and Chief Technology Officer at Eaton Corporation – Beachwood, Ohio, USA. He comes with over 30 years of experience in the Mobility, Industrials and Engineering Services sectors, where he had worked with companies situated in United States and India.

He holds MDBA – Systems & Operations from Institute of Management Development & Research (IMDR) wherein he was a Gold medallist and Bachelor’s in Engineering from Indian Institute of Technology, Roorkee.

He has held multiple leadership positions in Schneider Electric Industry and Process Automation Business, USA, Geometric Limited, USA and India, Tata Consultancy Services Limited, India and others.

His expertise in leading digital transformation and innovation in large & complex multinational technology organizations with deep, diverse and all-round global experience in business and technology domains across automotive, manufacturing, software and hardware products and IT services would be of immense benefit to the Company. He also possesses expertise in “Lean” methodologies and contemporary technologies to deliver breakthrough business and technology results.

Based on the recommendation of the Nomination and Remuneration Committee, the Board at its meeting held on 24[th] January 2023, appointed Mr. Macha as an Additional Director to hold office as an Independent Director of the Company. He does not either hold by himself or through his relatives on a beneficial basis, any shares in the Company.

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Sasken Technologies Limited: Postal Ballot Notice

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The Company has received a notice in writing under the provisions of Section 160 of the Act from a member proposing the candidature of Mr. Macha for the office of Director. The Company has received from Mr. Macha (i) consent to act as Director (ii) intimation to the effect that he is not disqualified for appointment as a director and (iii) a declaration to the effect that he meets the criteria of independence as specified under the Act and Listing Regulations.

The resolution seeks the approval of members for the appointment of Mr. Macha as an Independent Director of the Company for a period of five consecutive years i.e., up to 23[rd] January 2028, pursuant to Section 149 and other applicable provisions of the Act and the Rules made thereunder. He will not be liable to retire by rotation.

He is not holding Directorship position in any of the Indian companies.

In the opinion of the Board, Mr. Macha fulfils the conditions for his appointment as an Independent Director of the Company as specified in the Act and Rules made thereunder and the Listing Regulations. He is independent of the management and possesses appropriate skills, capabilities, vast experience, and domain knowledge.

The Board is of the view that given his rich and varied experience, his association with the Company would be of immense benefit and it is desirable to appoint Mr. Macha as an Independent Director.

Item No. 2:

Mr. Sunil Sachan (DIN: 09849981) born on 17[th] May 1975, aged 47 years, is Managing Director of the Global Mobility (Auto Tech & Auto) Sector at Rothschild & Co, New York, USA. He comes with over 20 years of experience in the Mobility, Industrials and Engineering Services sectors, where he had worked with companies in North America, Europe, and Asia.

He holds MBA in Finance, Economics and Strategy from Booth School of Business, University of Chicago, and Bachelor’s in Engineering from Indian Institute of Technology, Roorkee.

He has held multiple leadership roles at some of the leading technology, engineering, and manufacturing companies such as Arconic Corporation, Booz & Company, iLink Digital.

He is having a proven track record of creating accelerated impact through strategic organic and inorganic initiatives, establishing new capabilities and building high-performance teams. His expertise as a C-suite advisor on Investment Banking, Merger and Acquisitions and other strategic topics with experience in the field of investment banking, strategy consulting and corporate P&L experience would add value to the propositions of the Company.

Based on the recommendation of the Nomination and Remuneration Committee, the Board at its meeting held on 24[th] January 2023, appointed Mr. Sachan as an Additional Director to hold office as an Independent Director of the Company. He does not either hold by himself or through his relatives on a beneficial basis, any shares in the Company.

The Company has received a notice in writing under the provisions of Section 160 of the Act from a member proposing the candidature of Mr. Sunil Sachan for the office of Director. The Company has received from Mr. Sachan (i) consent to act as Director (ii) intimation to the effect that he is not disqualified for appointment as a Director and (iii) a declaration to the effect that he meets the criteria of independence as specified under the Act and Listing Regulations.

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Sasken Technologies Limited: Postal Ballot Notice

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The resolution seeks the approval of members for the appointment of Mr. Sachan as an Independent Director of the Company for a period of five consecutive years i.e., up to 23[rd] January 2028, pursuant to Section 149 and other applicable provisions of the Act and the Rules made thereunder. He will not be liable to retire by rotation.

He is not holding Directorship position in any of the Indian companies.

In the opinion of the Board, Mr. Sachan fulfils the conditions for his appointment as an Independent Director of the Company as specified in the Act and Rules made thereunder and the Listing Regulations. He is independent of the management and possesses appropriate skills, capabilities, vast experience, and domain knowledge.

The Board is of the view that given his rich and varied experience, his association with the Company would be of immense benefit and it is desirable to appoint Mr. Sachan as an Independent Director.

In terms of the provisions of Section 161 of the Companies Act, 2013, both the appointees will hold office up to the next Annual General Meeting (‘AGM’) and as such the approval of the shareholders is required to be taken at the next AGM to be held in the year 2023. However, Regulation 17(1C) of the Listing Regulations mandates the Company to ensure that the approval of the shareholders for appointment of a person on the Board of Directors is taken at the next general meeting or within a time period of three months from the date of appointment, whichever is earlier.

They have not attended any Board meeting of the Company since their appointment as an Additional Director till the date of this Postal Ballot Notice.

Since it would be necessary to obtain approval of the shareholders on or before 23[rd] April 2023 in terms of the provisions of the Listing Regulations, it is proposed to obtain approval of the shareholders for their appointment by way of Postal Ballot.

All documents referred to in the aforesaid Notice and Explanatory Statement, shall be available for inspection through electronic mode and request for the same may be sent on cosec@sasken.com.

A copy of the draft letter of appointment of an Independent Director setting out the terms and conditions is available at the website of the Company at www.sasken.com.

The Board of Directors recommends Item Nos. 1 & 2 for the consideration and approval of the Shareholders.

Except Mr. Raja Ramana Macha and Mr. Sunil Sachan, being appointees, none of the other Directors, Key Managerial Personnel of the Company or their relatives are concerned or interested, financially or otherwise, in the resolution as set out in the Notice.

By order of the Board

Bengaluru 10[th] February 2023

Paawan Bhargava Company Secretary

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Sasken Technologies Limited: Postal Ballot Notice