Sasken Confirms No Business Impact from Recent U.S. H-1B Visa Program Changes

Sasken Technologies Ltd., a leading provider of product engineering and digital transformation services, today announced that the recent changes to the U.S. H-1B visa program, including the introduction of a $100,000 annual application fee, are not expected to affect its business operations.

Sasken's business model is built on a strong offshore-centric delivery framework, with the majority of its workforce engaged in engineering R&D and digital services from development centers in India. The company delivers high-value solutions to global clients in the semiconductor, automotive, industrial, and communications sectors, leveraging its centers of excellence to provide end-to-end support.

This model enables Sasken to maintain cost competitiveness and agility by combining remote delivery from India with locally hired onsite or nearshore staff where required. As a result, Sasken is wellpositioned to continue meeting customer needs seamlessly, regardless of geopolitical or regulatory changes.

Commenting on the development, a Sasken spokesperson said: "The order will have little to no impact on Sasken's ability to serve its customers in the U.S. Our offshore-led approach ensures business continuity, while our teams remain in close touch with customers to understand their evolving priorities and support them better in this uncertain environment."

Sasken's global footprint across North America, Europe, and Asia provides the company with the resilience to adapt to changing conditions while supporting its growth agenda. With its deep expertise in product engineering and digital transformation, Sasken remains committed to helping customers accelerate innovation and achieve sustainable business outcomes.

Shares of Sasken Technologies Limited was last trading in BSE at Rs. 1497.15 as compared to the previous close of Rs. 1493.10. The total number of shares traded during the day was 759 in over 106 trades.

The stock hit an intraday high of Rs. 1530.65 and intraday low of 1494.35. The net turnover during the day was Rs. 1146098.00.

Source : Equity Bulls

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SaskenTechnologies INE231F01020 NoBusinessImpact USA H1BVisaProgramChanges