Sasken Technologies gains on investment plans to bolster IP and engineering capabilities

Bengaluru-based Sasken Technologies is a pioneer in Product Engineering and Digital Transformation.

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26 Aug, 2025 12:21

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Shares of Sasken Technologies were trading nearly 1 percent higher on the NSE at open on September 20.

On September 18, shares of the technology company closed at Rs 1,055.90 after the company announced board approval for a Rs 50 crore strategic investment.

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According to the regulatory filing, Sasken Technologies' board had approved a strategic investment of upto Rs 50 crores either directly or by entering into a joint venture along with one of the companies having global presence, specialising in "Advanced AI/5G/Power driven IP
licensing, custom ASIC design and foundry service business."

With this venture, the technology company aims to strengthen its IP repertoire and engineering capabilities, according to the filing. The company will provide further details and file the "requisite disclosures once they are firmed up."

Bengaluru-based Sasken Technologies is a 'pioneer' in Product Engineering and Digital Transformation. It focuses on delivering "concept to market and chip to cognition R&D solutions."  It provides solutions to customers across diverse segments - from automotive to telecom as well as transportation domains.

For the quarter ending June 2023, Sasken Technologies reported a 2.79 percent year-on-year decline in net Sales in June 2023. Net profit for the quarter grew to Rs 25.70 crore in June 2023 up by 68.73 percent year-on-year from June 2022. Earnings before interest, taxes, depreciation and amortisation (EBIDTA) grew 41.22 percent YoY to Rs 30.80 crore for the same period.

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