Shareholding29 Jul 2026, 10:23 am
Trinity Gate LLC Acquires 19.99% Stake in Sancode Technologies
AI Summary
Trinity Gate LLC has disclosed a substantial acquisition of shares in Sancode Technologies Limited, increasing its stake to 19.99% post-allotment. This acquisition was executed through a preferential issue involving the conversion of warrants. The total number of equity shares in Sancode Technologies has increased post-allotment, impacting the diluted share capital. This move signifies a significant change in the shareholding pattern of Sancode Technologies.
Key Highlights
- Trinity Gate LLC acquired 14,90,387 equity shares.
- Post-acquisition, Trinity Gate LLC holds 19.99% of Sancode Technologies.
- Acquisition was via preferential allotment through warrant conversion.
- Total equity capital of Sancode Technologies increased post-allotment.
Price Impact
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