Sasken Technologies Limited — Board/Management Information 2024

Jun 3, 2024

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

3[rd] June 2024

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) Ref: Scrip Code 532663 / SASKEN

We wish to inform you that Mr. Abhijit Kabra has stepped down from the position of Chief Executive Officer of the Company effective this date i.e., 3[rd] June 2024. A copy of his resignation letter is enclosed.

Board, based on recommendation of the Nomination and Remuneration Committee, has designated Mr. Rajiv C. Mody as Chief Executive Officer of the Company in addition to his current position of Chairman and Managing Director effective said date i.e., 3[rd] June 2024.

Details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13[th] July 2023 and erstwhile SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9[th] September 2015 is given as Annexure to this letter.

Please take the same on record.

Thanking you,

Yours Faithfully

For Sasken Technologies Limited Digitally signed by PAAWAN PAAWAN BHARGAVA BHARGAVA Date: 2024.06.03 23:14:45 +05'30'

PAAWAN

BHARGAVA

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

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Annexure

Details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13[th] July 2023 and and erstwhile SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9[th] September 2015 are as follows:

Reason for change viz. Appointment,Resignation, Removal, Death or Otherwise	1. Mr. Abhijit Kabra has stepped down from theposition of Chief Executive Officer.2. Board,basedonrecommendationoftheNomination and Remuneration Committee, hasdesignated Mr. Rajiv C. Mody as Chief ExecutiveOfficer of the Company in addition to his exitingposition of Chairman and Managing Director.
Date of Appointment / Cessation (asApplicable) and Term of Appointment	1. Mr. Abhijit Kabra stepped down from the ChiefExecutive Officer position effective 3rdJune 2024.2. Mr. Rajiv C. Mody designated by the Board asChief Executive Officer of the Company effective3rdJune 2024.Terms of Appointment: There is nochange in his Terms of Appointment, and it is as perthe Nomination and Remuneration Policy of theCompany.
Brief Profile (In case of appointment)	Mr. Rajiv C Mody (DIN: 00092037) is the Chairmanand Managing Director and one of the promoters of theCompany. He has over 35 years of experience in thetechnology business and has worked for AdvancedMicro Devices, Seattle Tech Inc., and VLSI TechnologyInc. in USA. He is holding Electrical Engineeringdegree from M.S. University, Baroda and Master’sDegree in Computer Science from Polytechnic Instituteof New York. He is also an Independent Director inCentum Electronics Limited. He is one of theshareholders of the Company holding 15,56,570 equityshares.
Disclosure of relationships betweenDirectors (In Case of appointment of aDirector)	Not Applicable.Mr. Rajiv C. Mody is Chairman & Managing Directorand one of the Promoters and shareholders of theCompany.

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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