Saksoft Ltd Schedules 27th Annual General Meeting, Proposes 55% Final Dividend
Saksoft Limited has announced that its 27th Annual General Meeting (AGM) will be held on Friday, August 07, 2026, at 10:30 A.M. IST. The meeting will be conducted via video conference and other audio-visual means to transact key business regarding the company's financial performance for the fiscal year ended March 31, 2026, and several changes to the Board of Directors.Proposed Final Dividend
The company has recommended a final dividend of 55% on the paid-up equity share capital for the financial year 2025-2026. This corresponds to Re. 0.55 per equity share and is in addition to an interim dividend of Re. 0.45 per share already paid during the year.Board Appointments and Leadership
The agenda for the upcoming meeting includes several significant leadership appointments for a five-year term commencing May 25, 2026, and ending May 24, 2031:- Ms. Avantika Krishna: Proposed to be appointed as Whole Time Director. She is expected to receive an annual salary of Rs. 10.5 million.
- Mr. Vaidyanathan Sreenivasan: Proposed for appointment as an Independent Director. Mr. Sreenivasan brings over four decades of experience in information technology-enabled services and global delivery management, having previously served as President of the IT Business of the ITC Group.
- Mr. Mahesh Ramakant Muzumdar: Proposed for appointment as an Independent Director. Mr. Muzumdar is a senior business leader with over 40 years of experience in global financial services and technology operations, holding leadership positions at Standard Chartered Bank and Fidelity Business Services India.
The meeting will also consider the re-appointment of Mr. Ajit Thomas as a Non-Executive Director.
Key Dates and Voting Timeline
The company has established a specific timeline for shareholder participation and eligibility. The record date to determine entitlement to the final dividend is July 31, 2026.| Date | Event |
|---|---|
| July 31, 2026 | Record Date for Final Dividend / Cut-off date for e-voting eligibility |
| August 03, 2026 | Remote E-voting begins at 9:00 A.M. |
| August 06, 2026 | Remote E-voting ends at 5:00 P.M. |
| August 07, 2026 | Annual General Meeting at 10:30 A.M. IST |
SAKSOFT Stock Price Movement
As of 2:38 PM, shares of Saksoft Limited are slipping by 0.60% in live trading, currently at ₹178.88. The stock has seen a total traded volume of 1.05 million shares as the price finds support above its intraday low of ₹177.66.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.