Corporate Action24 Jul 2026, 05:50 pm
Sancode Technologies Allots 22.75 Lakh Shares on Warrant Conversion
AI Summary
Sancode Technologies Ltd announced the allotment of 22,75,582 equity shares of Rs. 10 each at Rs. 172 per share, including a premium of Rs. 162. This allotment follows the conversion of warrants after receiving 75% of the issue price. The shares were allotted to Khushboo Jain, Aneka LLC, and Trinity Gate LLC. The newly allotted shares will rank pari-passu with existing equity shares and will be listed on the BSE. The board meeting where this decision was made commenced at 4:00 PM IST and concluded at 4:30 PM IST on July 24, 2026.
Key Highlights
- Board approved allotment of 22,75,582 equity shares.
- Shares allotted at Rs. 172 each, including premium.
- Allotment is pursuant to conversion of warrants.
- New shares will rank pari-passu with existing shares.
- Shares to be listed on the BSE.
Price Impact
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