Stock Report

Sasken appoints Abhijit Kabra as its Chief Executive Officer

Posted On : 2022-07-20 19:41:28( TIMEZONE : IST )

Sasken appoints Abhijit Kabra as its Chief Executive Officer

Sasken Technologies Ltd. (BSE: 532663 & NSE: SASKEN), a leading product engineering and digital transformation solutions provider, today announced the appointment of Abhijit Kabra as Chief Executive Officer reporting to Chairman & Managing Director, Rajiv C Mody. Abhijit will work towards significantly scaling business, both organically and inorganically.

His proven track record of building business that leverage technology as a growth enabler will be of immense value to accelerate Sasken's business transformation journey.

"Abhijit is a leader admired by all stakeholders for his proven ability to build and execute business at scale. He has essayed senior management roles at some of the biggest global corporations. His wide-ranging experience spans multiple industries, technologies, and geographies. He is known for his strategic thinking, customer management, commercial acumen, and business ethics. As a rainmaker, he has delivered incredible growth in the product engineering and digital service arenas spanning a plethora of industries.," said Rajiv C Mody. "The Board of Directors and I are excited to have Abhijit join Sasken. This will bring momentum and velocity to our transformational journey, to firmly entrench us a market leader in the 'Chip-to-cognition' space" added Rajiv C Mody.

"The timing is perfect for Sasken to capitalize on the immense growth opportunities in what has been described by NASSCOM as the tech-decade. I am committed to this vision and will endeavor to leverage the strong foundation built by Sasken over the last three decades. Sasken is unique and respected for its world class global talent and marquee customers. I am delighted with the opportunity to unlock value for all stakeholders," said Abhijit Kabra. "Sasken has deep expertise in cutting edge technologies including 5G, IoT, Industry 4.0, Semiconductors, edge computing, Autonomous vehicles, etc. I see significant opportunities for fueling growth in these areas which are key differentiators for Sasken," he added.

Shares of Sasken Technologies Limited was last trading in BSE at Rs. 842.00 as compared to the previous close of Rs. 812.85. The total number of shares traded during the day was 2386 in over 270 trades.

The stock hit an intraday high of Rs. 867.30 and intraday low of 816.10. The net turnover during the day was Rs. 2004115.00.

Source : Equity Bulls


SaskenTechnologies INE231F01020 Appointment CEO