Saksoft has executed a Share Purchase Agreement to acquire 100% equity interest in Zetechno Products and Services (Zetechno) subject to the terms and conditions set out in the Agreement. Zetechno will become a wholly owned subsidiary of the Company on closure of the transaction. Zetechno Products and Services (Zetechno) is a niche ServiceNow Premier Consulting and Implementation Partner based in Hyderabad offering the entire gamut of Implementation, Support & Maintenance, Upgrades and Custom Applications. This acquisition will help elevate and strengthen Saksoft`s Capability on the ServiceNow platform related services and in the areas of IT Service Management.Powered by Capital Market - Live News

Saksoft announced that the Board of Directors of the Company at its meeting held on 11 November 2024, has recommended a Interim dividend of Rs.0.40 per share (i.e.40%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Saksoft rose 3.48% to Rs 26.16 crore in the quarter ended September 2024 as against Rs 25.28 crore during the previous quarter ended September 2023. Sales rose 13.07% to Rs 215.29 crore in the quarter ended September 2024 as against Rs 190.41 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales215.29190.41 13 OPM %17.0817.88 - PBDT38.4436.82 4 PBT35.2833.89 4 NP26.1625.28 3 Powered by Capital Market - Live News

Saksoft will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live News

Saksoft announced the acquisition of Ceptes Software, a recognized expert in Salesforce services, headquartered in Bengaluru, Karnataka. Saksoft stated that it anticipates the transaction will be closed within 4 weeks pending customary closing conditions. This strategic acquisition will significantly help Saksoft expand its capabilities around Salesforce solutions, cloud innovation, and customer experience optimization. Ceptes with its 15+ years of experience and as a Salesforce Summit Partner, leverages Salesforce`s full ecosystem, from Sales Cloud and Service Cloud to advanced platforms like Einstein AI and Data Cloud, helping businesses optimize their processes and enhance customer engagement. Powered by Capital Market - Live News