NSEAction(s) initiated or orders passed2d ago · 22 Sept 2026, 10:54 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 2020-21 and confirming a tax demand of ₹12,78,57,765, including interest and penalty.
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Sasken Technologies Limited has informed the Exchange about Action(s) initiated or orders passed
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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 2020-21
dismissing the appeal filed by company and
confirming the demand raised by DCCT
Audit 5.9 and Demand involved is
Tax:6,74,55,558/- Interest Rs. 5,36,39,607/-
and Penalty Rs. 67,62,600/- (Total -
12,78,57,765/-). Also please note that
interest amount has been recalculated at the
time of issuing appeal order till the date of
order and interest as per APL 04 is
7,02,60,032/-. And hence total demand with
interest calculated upto date is Rs.
14,44,78,190/-
3. Date of receipt of direction or order, including any ad-
interim or interim orders, or any other communication September 22, 2026
from the Authority
4. Details of violation(s) / contravention(s) committed or GST payable under reverse charge on
alleged to be committed payments made to overseas branches by HO
and GSTR-2B vs. GSTR-3B mismatch.
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.
These Orders are currently appealable, and
we will exercise our right to appeal before
GSTAT.