Summary of Key Information:

Nature of Filing / Announcement: Outcome of Board Meeting - Appointment of CEO for material subsidiary

Corporate Actions:

The Board of Directors of Saksoft Limited, based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Gurmeet Chahal as the Chief Executive Officer of Saksoft Inc. (US), a material subsidiary of the Company. The appointment is effective from October 12, 2026.

The Nomination and Remuneration Committee and the Board of Directors also approved Mr. Chahal to be designated as Senior Management Personnel of Saksoft Limited with effect from his joining date (October 12, 2026).

Management Profile:

Mr. Gurmeet Chahal is a senior technology and business-services executive with approximately three decades of experience across IT services, BPM, digital transformation, healthcare and life sciences. He has worked extensively across India and the US and is currently based in New Jersey, USA.

Most recently served as the Founding Chief Executive Officer and Executive Director of Digitide, where he led the transformation of the business following its demerger from Quess Corp.

Prior to Digitide, Mr. Chahal was Senior Vice President & Global Leader – Digital Transformation Services at Genpact (2021–2024), where he was responsible for repositioning Genpact's digital transformation business and driving growth through integrated technology/BPM offerings, partnerships and new logo acquisition.

Education:

  • Bachelor of Technology in Chemical Engineering from Panjab University
  • MBA in Finance & Marketing from XLRI, Jamshedpur
  • Completed executive programmes at Northwestern Kellogg and Tuck School of Business, Dartmouth

Relationship Disclosure:

Mr. Gurmeet Chahal is not related to any Director of the Company.

Compliance Officer:

Meera Venkatramanan, VP- Company Secretary and Compliance Officer

Financial Results:

Not Specified

Segment-wise Performance:

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Dividend Declarations:

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Capital Structure Changes:

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Regulatory Actions:

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Exceptional Items:

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Forward-looking Guidance:

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