SASKEN COMMUNICATION TECHNOLOGIES LTD. - Board recommends Final Dividend

Sasken Communication Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 23, 2015, inter alia, has recommended a final dividend of Rs. 4.50 per equity share of Rs.10 each for the financial ended March 31, 2015. This is subject to approval of shareholders. In all, the Company has declared & recommended a dividend of Rs. 27.00 per equity share of Rs.10 each for year 2014-15.<BR><BR>(a) A special dividend of 200% (Rs.20.00 per equity share) in October 2014;<BR><BR>(b) An interim dividend of 25% (Rs. 2.50 per equity share) in January 2015; and<BR><BR>(c) Recommended a final dividend of 45% (Rs.4.50 per equity share) subject to the approval of shareholders at the Annual General Meeting.