Sasken Technologies Limited — Regulatory Filings 2021

May 5, 2021

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BSE Limited May 5, 2021 Dept. of Corporate Services - CRD Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001

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

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Dear Sir / Ma’am,

Sub: Submission of Disclosure on Related Party Transactions Ref: Scrip Code 532663/ SASKEN

Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit disclosure of Related Party Transactions on consolidated basis for the quarter and year ended March 31, 2021, drawn in accordance with the applicable accounting standards.

The financials for the quarter and year ended March 31, 2021 were taken on record by the Board at its meeting held on April 22, 2021.

This is for your information and records.

Thanking you,

Yours faithfully For Sasken Technologies Limited S. Prasad Associate Vice President & 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

Amount in Rs. Lakhs Related party disclosures as of March 31, 2021 a) Following is the list of subsidiaries / controlled trust / joint ventures / other related parties of the Company:	Amount in Rs. Lakhs Related party disclosures as of March 31, 2021 a) Following is the list of subsidiaries / controlled trust / joint ventures / other related parties of the Company:	Amount in Rs. Lakhs Related party disclosures as of March 31, 2021 a) Following is the list of subsidiaries / controlled trust / joint ventures / other related parties of the Company:	Amount in Rs. Lakhs Related party disclosures as of March 31, 2021 a) Following is the list of subsidiaries / controlled trust / joint ventures / other related parties of the Company:	Amount in Rs. Lakhs Related party disclosures as of March 31, 2021 a) Following is the list of subsidiaries / controlled trust / joint ventures / other related parties of the Company:
Particulars	Country of Incorporation	Ownership interest as at
		March 31, 2021	**December 31, 2020 **	March 31, 2020
Subsidiaries Sasken Finland Oy. (‘Sasken Finland’) Sasken Inc. (‘Sasken Inc.’) Sasken Communication Technologies (Shanghai) Co. Ltd. (‘Sasken China’) Sasken Communication Technologies Mexico, S.A. de C.V (‘Sasken Mexico’)	Finland USA China Mexico	100% 100% 100% 100%	100% 100% 100% 100%	100% 100% 100% 100%
Controlled trusts Sasken Foundation Sasken Employee Welfare Trust	India India
Joint ventures TACO Sasken Automotive Electronics Limited (‘TSAE’) - Under Liquidation	India	50%	50%	50%
Other relatedparties		Nature of relationship
SAS Employees Provident Fund Trust Sasken Employees Gratuity Fund Trust Sasken Employees Superannuation Fund Trust	India India India	Post -Employement benefit plan of Sasken Post -Employement benefit plan of Sasken Post -Employement benefit plan of Sasken
b) Following is the list of other relatedparties:
Name of the related party		Relationship
(i) Key Managerial Personnel ('KMP'):
Rajiv C Mody Neeta S. Revankar S. Prasad	Chairman and Managing Director Whole-time Director and Chief Financial Officer CompanySecretary
(ii) Parties other than KMPs:
Bharat Patel Sanjay M Shah Sunirmal Talukdar Pranabh D. Mody Madhu Khatri G. Venkatesh	Independent Director Non-executive Director Independent Director Non-executive Director Independent Director Independent Director
c) Related party compensation
Particulars	Year ended March 31, 2021	Quarter ended March 31, 2021	Half Year ended September 30, 2020	Year ended March 31, 2020
Short term employee benefits- KMPs Short term employee benefits- Others	884.03 120.50	222.00 24.00	405.09 62.00	467.23 101.70
Total	1,004.53	246.00	467.09	568.93
Post-employment benefits comprising gratuity and compensated absences are not disclosed as these are determined for the Company as a whole.

d) Related Party Transactions other than those with KMP:
Particulars	Transactions during
	Year ended March 31, 2021	Quarter ended March 31, 2021	Half Year ended September 30, 2020	Year ended March 31, 2020
i) Cross charges for common administrative services - Sasken Finland - Sasken Inc. ii) Software development services rendered to: - Sasken Inc. iii) Software Development Services procured from - Sasken Finland - Sasken Inc iv) Interest earned on loan given to - Sasken Finland v) Dividends received from: - Sasken Finland - Sasken Inc. - Sasken China vi) Investments in Subsidiaries and Joint Ventures during the year - Sasken Inc vii) Loans given to: - Sasken Finland - Sasken Employee Welfare Trust viii) Loans repaid: - Sasken Employee Welfare Trust - Sasken Finland (refer note below) ix) Contribution towards Corporate Social Responsibility expenditure: - Sasken Foundation x) Capital Repatriation - Sasken China	6.39 70.18 14.50 40.41 28.35 322.41 999.81 95.50	11.59 - - - 147.38 - 10.50	6.39 41.52 14.50 - 40.41 25.50 - 175.03 - - - - 345.31 85.00 -	7.27 88.88 185.68 21.08 102.97 59.70 - 473.23 - - - - 258.88 15.00 377.04
Particulars	Balances outstanding as at
	Year ended March 31, 2021	Quarter ended December 31, 2020	Half Year ended September 30, 2020	Year ended March 31, 2020
i) Loans outstanding from - Sasken Finland - Sasken Employee Welfare Trust ii) Amounts receivable towards reimbursement of expenses - Sasken China - Sasken Inc. - Sasken Finland iii) Trade payables - Sasken Mexico - Sasken China - Sasken Inc. - Sasken Finland iv) Deferred revenue - Sasken Inc. v) Trade receivables - Sasken Inc. vi) Unbilled and contract revenues - Sasken Inc.	- 201.92 47.49 1.82 - 2.09 202.00	- 201.92 47.41 - - 2.09 201.68 - - - -	647.46 201.92 47.84 18.15 3.01 2.11 203.53 13.22 3.33 - - -	951.98 201.92 49.11 7.36 - 2.17 208.92 13.57 8.06 - 10.42 9.32
Note: Loans Repaid:During FY 2020-21, Sasken Finland Oy have made difference is due to exchange rate impact.	repayment of INR 991.81 lakhs against a loan of INR 951.98 lakhs, the