<h1>Sasken Technologies Reconstitutes Board Committees Following Independent Director's Term Conclusion</h1>
Sasken Technologies Limited has restructured its key regulatory committees after the conclusion of Mr. Sunirmal Talukdar’s term as an Independent Director, and subsequent appointments were made by the Board of Directors on July 21, 2026. The changes include the co-option of two existing independent directors to various committee roles.
Mr. Sunirmal Talukdar has ceased to be a Director of the company and a member of its committees upon the completion of his second term as an Independent Director. His tenure concluded on July 20, 2026, and he officially ceased service effective July 21, 2026. The Company noted that Mr. Talukdar's departure was consequent to completing two terms in this capacity.
The following details regarding the cessation of his directorship were recorded by Sasken Technologies Limited:
| Category | Details |
|---|---|
| Director Name | Mr. Sunirmal Talukdar |
| Cessation Date | July 21, 2026 |
| Reason | Completion of second term as an Independent Director |
<h2>Board Committees Reconstituted</h2>
Following the cessation, the Board of Directors resolved to reconstitute several regulatory committees effective July 21, 2026. The reconstitution involved co-opting Mr. V. Suryanarayanan and Ms. Meeta Malhotra, both existing Independent Directors of the Company, into various roles within the committees.
The updated committee compositions are as follows:
- Stakeholders Relationship Committee: This committee is comprised of Dr. G. Venkatesh (Chairman), Mr. Rajiv C. Mody, Ms. Meeta Malhotra, and Mr. V. Suryanarayanan.
- Risk Management Committee: The committee includes Mr. Pranabh Mody (Chairman), Dr. G. Venkatesh, and Mr. V. Suryanarayanan.
- Corporate Social Responsibility Committee: The members are Mr. Rajiv C. Mody (Chairman), Mr. Pranabh Mody, and Ms. Meeta Malhotra.
- Audit Committee: Mr. V. Suryanarayanan was designated as the Chairman of the Audit Committee effective July 21, 2026, succeeding Mr. Sunirmal Talukdar. The committee includes Mr. V. Suryanarayanan (Chairman), Mr. Pranabh Mody, Mr. Sunil Sachan, and Mr. Som Mittal.
SASKEN Stock Price Movement
Shares of Sasken Technologies Limited shed 3.25% in trading today, settling at ₹1851.6 after a sharp decline from the previous close. The equity traded within an intraday range of ₹1842 to ₹1938 and was involved in 30,335 shares worth of volume.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.
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