Sancode Technologies Ltd. Announces Increase in Authorized Share Capital and Issuance of Convertible Warrants

Sancode Technologies Ltd. announced the outcomes of its Board Meeting held on 26th February, 2026. The company has approved an increase in the authorized share capital and the issuance of up to 23,25,582 convertible warrants. The warrants will be issued to promoters and non-promoters on a preferential basis, subject to the approval of shareholders in the ensuing General Meeting. The conversion ratio of each warrant is 1:1, and the conversion can be exercised at any time within a period of 18 months from the date of issue. The company has also appointed Mr. Ramraj Singh Thakur as the Company Secretary and Compliance Officer, and Dilip Swarnkar & Associates as scrutinizers for scrutinizing the voting and issuance of the Scrutinizer Report.