Yes. Sasken follows quiet periods prior to its financial release every quarter. During the quiet period, the company or any of its officials will not discuss financial expectations with any external parties. It starts from 15 days prior to the month in which the financials are going to be released, and ends 24 hours after the information is made public.
Sasken made an Initial Public Offer in August 2005 at a price of Rs.260 per share and its shares were listed on stock exchanges in India in September 2005.
Sasken pays its annual dividend during its AGM (Annual General Meeting). Further, the Company pays its interim dividend based on the discretion of the Board.
Sasken’s quarterly and annual financial results can be accessed at: https://www.sasken.com/investors/quaterly-result/
Sasken’s equity shares are listed on BSE and NSE in India. The respective codes are as below.
| NSE | SASKEN |
| BSE | 532663 |
| Exchange code | SASKEN |
| Reuters code | SKCT.BO |
| Bloomberg code | SACT@IN |
Sasken’s financial year ends on March 31.
The registered office address of Sasken is as below.
Sasken Technologies Ltd (formerly Sasken Communication Technologies Ltd) 139/25, Ring Road, Domlur Bangalore 560 071, India.
Tel : + 91 80 6694 3000
Fax: + 91 80 3981 3329
Sasken’s current offices and their addresses can be accessed at: https://www.sasken.com/contact-us
The credit rating of the Company is A+ (CRISIL rating), which is the highest rating for short term scale.
Sasken is a debt-free Company. It doesn’t have any outstanding debt or fixed deposits. The Company presently generates sufficient cash internally to finance all its operational, financing and investment requirements.
Sasken and its subsidiaries had 2200+, excluding contract staff as of March 31, 2016
Sasken’s financials for recently concluded quarter and for last 12 months can be accessed at: https://www.sasken.com/investors/quaterly-result.html
Sasken was incorporated in the State of Gujarat on February 13, 1989 as ASIC Technologies Pvt. Ltd., as a private limited company under the Indian Companies Act, 1956. It changed its name to Silicon Automation Systems (India) Pvt. Ltd. in 1992, to reflect the principal business that it was engaged in. A fresh certificate of incorporation consequent to the change of name was issued by the Registrar of Companies, Gujarat on October 13, 1992. In 1993, Sasken changed its registered office from the State of Gujarat to the State of Karnataka. The Company changed its name to Silicon Automation Systems Ltd. and a fresh certificate of incorporation consequent to the change of name was issued by the ROC on December 30, 1998.
Thereafter, the company changed its name to Sasken Technologies Ltd (formerly Sasken Communication Technologies Ltd)., in order to reflect the broader and diversified business interests. A fresh certificate of incorporation consequent to the change of name was issued by the ROC on October 17, 2000. Sasken went public in 2005.
Sasken is a leader in providing Product Engineering and Digital Transformation services to global tier-1 customers. Sasken’s deep domain knowledge and comprehensive suite of services have helped global leaders maintain market leadership in industries such as Semiconductors, Automotive, Enterprise grade Devices, Smart Devices and Wearables, Industrial Automation, Public Safety, Satellite Communication, Retail, and MVNO.
Sasken’s Shareholding Pattern is provided at the link below:
Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Smart Devices & Wearables, Enterprise Grade Devices, Satcom and Transportation industries.
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