Shareholding30 Jul 2026, 01:04 pm
Trinity Gate LLC Acquires 19.99% Stake in Sancode Technologies via Warrants
AI Summary
Trinity Gate LLC has disclosed a substantial acquisition of shares in Sancode Technologies Limited, increasing its holding to 19.99% of the total diluted share capital. This acquisition was executed through the allotment of 14,90,387 equity shares upon the conversion of warrants via a preferential issue. The transaction took place on July 24, 2026. Prior to this, Trinity Gate LLC held no shares. The total equity share capital of Sancode Technologies has increased from 51,79,978 to 74,55,560 shares post-acquisition, with the diluted share capital standing at 75,05,560 shares.
Key Highlights
- Trinity Gate LLC acquired 19.99% stake in Sancode Technologies.
- Acquisition was via preferential allotment of equity shares.
- 14,90,387 equity shares were allotted upon warrant conversion.
- Transaction date was July 24, 2026.
- Trinity Gate LLC is not part of the promoter group.
Price Impact
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