Sasken Technologies Limited — Major Shareholding Notification 2020

Oct 29, 2020

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

29[th] October 2020

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: Intimation of approval for Reclassification of Promoter & Promoter Group under Reg. 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ref: Scrip Code: SASKEN / 532663

Pursuant to the provisions of Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), we wish to inform that we have received the approval from both the Stock Exchanges i.e. National Stock Exchange of India Limited and BSE Limited on 28[th] October 2020, for the re-classification of shareholding of the below mentioned members of the Promoter(s) and Promoter Group members to “Public Category”.

Sl.No.	Name of Promoters & Promoter Group Member	No. of shares held(of Rs.10 each)	% ofshareholding
1	Mahendrakumar Jayantilal Jhaveri (Promoter)	30,000	0.20
2	Krishna Jayantilal Jhaveri (Promoter)	0	0.00
3	Madhuker Jayantilal Jhaveri (Promoter Group Member)	5,12,010	3.40
4	Nila M. Jhaveri (Promoter Group Member)	48,100	0.32
5	Malti Mahendra Jhaveri (Promoter Group Member)	36,864	0.24
6	Khyati Dhruv Jhaveri (Promoter Group Member)	25,000	0.17
7	Brinda Madhukar Jhaveri (Promoter Group Member)	15,000	0.10
8	Naina M. Jhaveri (Promoter Group Member)	15,000	0.10
9	Abhishek Madhukar Jhaveri (Promoter Group Member)	10,000	0.07
10	Vrajraj Madhuker Jhaveri (Promoter Group Member)	10,000	0.07
11	Dhruv Mahendra Jhaveri (Promoter Group Member)	2,610	0.02
	Total	7,04,584	4.68

Accordingly, the said members of ‘Promoter & Promoter Group’ are now re-classified into “Public Category”.

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The summary of the shareholding pre-reclassification as of 30[th] September 2020 and postreclassification is as under:

Category of Shareholder	Pre-Re-classification	Pre-Re-classification	Post Re-classification	Post Re-classification
	Numberof Shares	% prereclassification	Number ofShares	% postreclassification
Promoters and Promoter Group	67,81,911	45.06%	60,77,327	40.38%
Foreign Investors (including Non-ResidentIndians FIIs and Foreign Mutual Funds)	40,92,163	27.19%	89,73,544	59.62%
Financial Institutions / Banks / InsuranceCompanies & Mutual Funds promoted byBanks / Institutions	12	0.00%
Others (Public, Public Bodies Corporate,etc.)	41,76,785	27.75%
Total	1,50,50,871	100.00%	1,50,50,871	100.00%

We request to kindly take the same on record.

Thanking you,

Yours faithfully, For Sasken Technologies Limited

S. Prasad AVP & Company Secretary

Copy to:

National Securities Depository Limited Central Depository Services (I) Limited