NSEAction(s) initiated or orders passed2d ago · 22 Sept 2026, 10:39 pm

Action(s) initiated or orders passed

Sasken Technologies Limited · SASKEN

✦ AI Summary▼ NegativeRegulatory

Sasken Technologies Limited has received an order from the Joint Commissioner Appeals, GST Department, Bengaluru, dismissing their appeal for FY 2021-22 and confirming a tax demand of ₹10,89,83,477.

Analysis Scores

Earnings Impact1/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk8/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment2/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Sasken Technologies Limited has informed the Exchange about Action(s) initiated or orders passed

Attachments (1)

📄

SASKEN_22092026223932_Ltr_SE_Updates_SE_Sep_22_2026.pdf

pdf

Download →
View document text
BSE Limited September 22, 2026 Department 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 By Web Upload Dear Sir / Ma’am, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 – Update on Tax litigation or dispute Ref: Scrip Code BSE: 532663 | NSE Symbol: SASKEN Pursuant to Regulation 30 read with sub-para 20 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, please find enclosed details of the Order passed by the Joint Commissioner Appeals, GST Department, Bengaluru. This is for your information and records. Thanking you, Yours faithfully, For Sasken Technologies Limited Paawan Bhargava Company Secretary Encl. as above 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 Annexure 1 S. No. Details of events that need to be provided Information of such event(s) 1. Name of the authority Joint Commissioner Appeals - 5, LGSTO 046 - Bengaluru: DGSTO-5, Bengaluru, Karnataka 2. Nature and details of the action(s) taken or order(s) passed The Company has received appeal order under section 107(1) of the SGST Act, 2017 and CGST Act 2017 for FY 2021-22 dismissing the appeal filed by company and confirming the demand raised by DCCT Audit 5.7 and Demand involved is Tax: 5,86,88,358/- Interest Rs 4,44,26,283/- and Penalty Rs. 58,68,836/- (Total - 10,89,83,477/-). 3. Date of receipt of direction or order, including any ad- interim or interim orders, or any other communication September 21, 2026 from the Authority 4. Details of violation(s) / contravention(s) committed or GST payable under reverse charge on Sales alleged to be committed by overseas branches. 5. Impact on financial, operation or other activities of the There is no material impact on financial, no listed entity, quantifiable in monetary terms to the extent impact on operation or other activities of the possible. Company due to the dismissal of appeal.