What to watch. Sasken: Buyback, dividend in focus

The board of directors of Sasken Communication Technologies will meet on October 27 to consider a buyback of fully paid-up equity shares, and decide the quantum and mode of acquisition and other related matters. The board will also declare interim dividend and approve the change of name of the company to Sasken Ltd. Shares of Sasken Communication will react till the board meeting, as traders will keep a close watch on the proposed buyback plans and interim dividend.