Sancode Technologies Incorporates New Subsidiary, Sancode Electronics

Sancode Technologies Ltd has announced the incorporation of its wholly-owned subsidiary, Sancode Electronics Private Limited. The new entity, with an authorized capital of ₹10,00,000 and paid-up capital of ₹1,00,000, will focus on the manufacturing, design, development, and trading of semiconductors, integrated circuits, microchips, and related electronic components. This strategic move aims to venture into new avenues and drive business growth in the semiconductor and microchip sector. The initial investment for 9,999 equity shares amounts to ₹99,990.