Sasken Technologies Ltd - 532663 - Buy-back Offer
Vivro Financial Services Private Limited ("Manager to the Buy-back Offer") has submitted to BSE a copy Public Announcement for the attention of the Equity Shareholders / Beneficial Owners of Equity Shares of Sasken Technologies Ltd ("Target Company") for the buy-back of Equity Shares through the Tender Offer Route as prescribed under the Securities and Exchange Board of India (Buy-Back of Securities), Regulations, 2018. Sasken Technologies Ltd - 532663 - Corporate Action-Intimation of Buy back
With reference to captioned subject, please find enclosed herewith the Draft Letter of Offer for proposed Buy-back of up to 20,59,243 (Twenty Lakhs Fifty Nine Thousand Two Hundred Forty Three only) fully Paid up Equity Shares of face value of Rs. 10/- each which represents 12.04% of the total Equity Shares of the Company, at a price of Rs.825 (Rupees Eight Hundred Twenty Five Only) per Equity Share payable in cash for an aggregate amount not exceeding Rs.16,988.76 lakhs from Equity Shareholders / beneficial owners of the Equity Shares of the Company as on Record Date, i.e., July 5, 2019 on a proportionate basis through the Tender Offer process using Stock Exchange Mechanism. Sasken Technologies Ltd - 532663 - Fixes Book Closure for Final Dividend & AGM (Cut-off date for e-voting)
Sasken Technologies Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed on July 13, 2019 for the purpose of Payment of Final Dividend & 31st Annual General Meeting (AGM) of the Company to be held on July 18 , 2019.Dividend as may be declared at the AGM will be disbursed on or before July 31, 2019. Sasken Technologies Ltd - 532663 - Corporate Action-Intimation of Buy back
Further to our letter of June 20, 2019 and pursuant to Regulation 7(1) of Buy-back Regulations, we wish to inform that we have published the Public Announcement dated June 21, 2019 in the Financial Express (English national daily), all editions, Jansatta (Hindi national daily), all editions and Kannada Prabha (Regional language daily - Kannada), Bengaluru edition on June 24, 2019, a copy of the same is enclosed. Kindly take this intimation on record. Sasken Technologies Ltd - 532663 - Reg. 34 (1) Annual Report
In continuation to our letter dated June 25, 2019 on the 31st Annual General Meeting (AGM) of the Company and pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has completed dispatching Notice of the 31st AGM along with Annual Report 2018-19 on June 24, 2019 to the eligible members as enclosed. Sasken Technologies Ltd - 532663 - 31St Annual General Meeting Of The Company
We wish to inform you that: 1.The 31st Annual General Meeting (AGM) of the Company will be held on Thursday, July 18, 2019 at 10.00 a.m. at the Registered Office of the Company at 139/25, Ring Road, Domlur, Bengaluru - 560 071. 2.The Board of Directors at their meeting held on April 23, 2019 had recommended a final dividend of Rs.7.50 per equity share of Rs.10 each, subject to approval of shareholders at the above AGM. 3.The Register of Members and Share Transfer Books will remain closed on Saturday, July 13, 2019 for determining the list of members eligible for final dividend on equity shares, if declared at the AGM. 4.Dividend as may be declared at the AGM will be disbursed on or before July 31, 2019 to the shareholders whose names are recorded in the Register of Members as at July 12, 2019 as under: i.To Beneficial Owners in respect of shares held in electronic form as per the data made available by the NSDL and the CDSL as of the close of business hours on July 12,... Sasken Technologies Ltd - 532663 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Sasken Technologies Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here Sasken Technologies Ltd - 532663 - Outcome Of The Buy-Back Committee Meeting Of Sasken Technologies Limited (The 'Company') Held On Thursday, June 20, 2019
In accordance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 9(i) of the SEBI (Buy-Back of Securities) Regulations, 2018, this is to inform you that the Board of Directors of the Company has fixed the Record Date for the proposed Buy-back offer as under: Record Date - Friday, July 5, 2019 Purpose - To determine the entitlement and names of Equity Shareholders, who are eligible to participate in the proposed offer for Buy-back of up to 20,59,243 (Twenty Lakhs Fifty Nine Thousand Two Hundred Forty Three only) Equity Shares of the Company at the price of Rs.825 per Equity Share Kindly take this intimation on record. Sasken Technologies Ltd - 532663 - Corporate Action-Updates on Buy back
We wish to inform you that the Buy-back Committee of the Board of Directors, at its meeting held on June 20, 2019, inter alia, considered and determined the Buy-back Price of Rs.825/- (Rupees Eight hundred twenty five only) per equity share (the Buy-back Price) and the total consideration for Buy-back not exceeding Rs.16,988.76 lakhs (the Buy-back Size) excluding the transaction costs viz. brokerage, applicable taxes such as securities transaction tax, GST, stamp duty, etc., With the Buy-back price of Rs.825 per equity share and the Buy-Back Size of not exceeding Rs.16,988.76 lakhs, the total number of shares to be bought back in the Buy-Back shall be up to 20,59,243 equity shares representing 12.04% of the total number of equity shares of the Company as on March 31, 2019. Sasken Technologies Ltd - 532663 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed a Press Release bearing the title 'Cohda Wireless and Sasken partner to accelerate adoption of V2X in connected vehicles' being released today.