In a formal disclosure to the BSE and NSE dated August 1, 2025, Sasken Technologies Limited, a publicly listed technology services firm headquartered in Bengaluru, India, announced that Mr. Ken Yaguchi, President of its Japan Branch and part of the senior management team, has resigned from his role effective July 31, 2025. This change in senior leadership was attributed solely to personal reasons, and there were no material concerns or underlying issues associated with the resignation, as explicitly confirmed in the company’s communication.

The company’s filing was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with guidelines under the SEBI Master Circular dated 11th November 2024. The resignation also aligns with the standard disclosures required under the erstwhile SEBI Circular dated 9th September 2015.

Leadership Transition Confirmed

The resignation of Ken Yaguchi, who served in a pivotal leadership role in Sasken's Japanese operations, is seen as a significant change in Sasken’s senior management structure. His formal resignation letter, dated May 28, 2025, stated that his decision was made after careful consideration of his personal and professional aspirations. The letter emphasized his gratitude for the opportunities provided during his tenure and his commitment to ensuring a smooth transition of responsibilities.

He stepped down from both his positions:

• As Director of Sasken Technologies Japan Co. Ltd. (Sasken Japan KK)

• As President of Sasken Technologies Limited in Japan

His last working day was marked as the close of business hours on July 31, 2025, at Sasken Japan KK.

No Replacement Announced Yet

As of the date of this announcement, Sasken Technologies has not publicly disclosed a successor for Mr. Yaguchi’s position. It is expected that the company’s board will deliberate on leadership realignment over the coming weeks, especially given the importance of the Japanese market in the company's international strategy.

The disclosure filed with the exchanges included the following mandatory details:

1. Reason for Change:
   The resignation was purely due to personal reasons, with no indication of any professional dispute, health issues, or governance matters.

2. Date of Cessation:
   The cessation was effective July 31, 2025.

3. Other Mandated Disclosures:
   The company clarified that no director-related relationships are involved in this change, and no profile brief was required as this was not a new appointment.

4. Resignation Letter Highlights:
   In his letter, Mr. Yaguchi expressed his sincere gratitude for the support, trust, and experiences he gained at Sasken. He reinforced his commitment to a seamless handover and asked for prompt initiation of formal relieving procedures.

About Sasken Technologies Limited

Sasken Technologies Limited, headquartered in Bengaluru, is a leading provider of product engineering and digital transformation services to global leaders in semiconductors, automotive, industrials, smart devices, and more. The company is listed on both the BSE (Scrip Code: 532663) and NSE (Symbol: SASKEN). Its robust international presence, including the Japan branch, has been instrumental in driving global customer relationships.

With decades of experience in the technology consulting and services industry, Sasken’s strength lies in its ability to innovate and deliver complex engineering solutions. The Japan branch has played a key role in forging strategic partnerships with major OEMs and semiconductor firms in the region.

SEBI Compliance and Transparency

Sasken’s disclosure reaffirms the company’s commitment to corporate governance and transparency. By promptly informing the exchanges and including the resignation letter, the company has adhered to SEBI norms in both spirit and substance.

The resignation was also evaluated under:

• SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024

• CIR/CFD/CMD/4/2015 dated 9th September 2015

• BSE Circular LIST/COM/14/2018-19

• NSE Circular NSE/CML/2018/24 dated June 20, 2018

In line with these regulations, no further disclosures were required since this change did not involve a board-level director nor an appointment requiring shareholder approval.

Implications for Stakeholders

For investors, partners, and clients, the departure of a senior leader like Mr. Ken Yaguchi may raise short-term questions, especially regarding the continuity of operations in Japan. However, given Sasken’s robust leadership structure and past adherence to transparent governance, the market is expected to absorb this change without significant disruption.

The resignation is viewed as a routine transition and not a result of organizational distress or regulatory concerns. Mr. Yaguchi’s commitment to ensuring a smooth exit further supports this interpretation.

Conclusion

The resignation of Ken Yaguchi marks the end of a chapter in Sasken Technologies’ international operations, especially in Japan where he played a crucial leadership role. The company’s timely and comprehensive disclosure in line with SEBI’s guidelines reflects a well-governed exit and adherence to high standards of transparency.

As Sasken moves forward, the market will be keenly observing who steps into this critical leadership position and how the company continues to strengthen its presence in global markets, particularly in Japan.

Sasken Technologies’ commitment to compliance and operational excellence remains clear from the manner in which this transition has been handled.

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