NSEAction(s) taken or orders passed2 Jul 2026 · 2 Jul 2026, 06:45 pm

Action(s) taken or orders passed

Sasken Technologies Limited · SASKEN

✦ AI Summary▲ PositiveRegulatory

Sasken Technologies Limited has received an order from the ITAT Bengaluru, which has reduced the company's contingent liability by approximately ₹4.50 crore for AY 2017-18 and ₹0.58 crore for AY 2020-21.

Analysis Scores

Earnings Impact2/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk2/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment6/10

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

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SASKEN_02072026184523_Ltr_SE_Updates_SE_Jul_2_2026.pdf

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BSE Limited July 2, 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 532663/ 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 ITAT 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 ITAT Bangalore 2. Nature and details of the action(s) taken or order(s) passed Order for the appeals ITA Nos. 2057 & 2058/Bang/2025 for AY 2017-18 & AY 2020-21 3. Date of receipt of direction or order, including any ad- Received by the Company on July 1, 2026. interim or interim orders, or any other communication from the Authority 4. Details of violation(s) / contravention(s) committed or The ITAT held that no TDS was applicable alleged to be committed on payments made by the overseas branches and deleted the disallowances under Sections 14A and 80G. However, the ITAT sustained the disallowance of a payment of ₹7 lakh made to a UK resident. 5. Impact on financial, operation or other activities of the As a result, the Company's contingent listed entity, quantifiable in monetary terms to the extent liability will reduce by approximately ₹4.50 possible. crore for AY 2017-18 and ₹0.58 crore for AY 2020-21. We expect to receive a refund of the corresponding amounts from the Income-tax Department.