Sasken Technologies Limited has informed the Exchange about Acquisition of Anups Silicon Services Private Limited (ASSPL). We wish to inform you that pursuant to the approval of the Board, the Company by investing Rs.33.20 crores today i.e. March 20, 2024 in one of the companies viz. Anups Silicon Services Private Limited (ASSPL) to acquire 60% equity share capital of ASSPL and subscribe to the Compulsory Convertible Debentures offered by the ASSPL by way of preferential issue on a private placement basis. Pursuant to said investment, ASSPL will become a subsidiary of the Company.