Sancode Technologies Ltd

Sancode Technologies Ltd announced that its subsidiary, Sancode Semi Private Limited, has successfully raised ₹107 crores through the preferential allotment of 31,467 Compulsorily Convertible Preference Shares (CCPS). Sancode Technologies will hold 95.74% of the subsidiary on a fully diluted basis post-allotment. The funds raised are intended for the development of an OSAT Project, including land acquisition, technology, plant, and machinery. The transaction is considered a related party transaction as key directors of Sancode Technologies are also directors in the subsidiary, but it is conducted on an arm's length basis.

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.

Sancode Technologies Ltd has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Khushboo Jain and Persons Acting in Concert (PACs). The disclosure pertains to the allotment of Equity Shares pursuant to the conversion of Warrants via a preferential issue. Following the acquisition, the promoter group's (Khushboo Jain & PACs) total shareholding, including shares carrying voting rights and convertible securities, has increased. The total diluted share capital of the company has also seen a change due to these allotments.

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.

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.

Sancode Technologies Ltd has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Khushboo Jain and Persons Acting in Concert (PACs). The disclosure pertains to the allotment of convertible warrants and equity shares via preferential issue. Following the acquisition, the total holding of Khushboo Jain and PACs increased, impacting their percentage of total diluted share capital. The mode of acquisition was a preferential allotment of equity shares and convertible warrants.

Trinity Gate LLC has disclosed its acquisition of 14,90,387 convertible warrants in Sancode Technologies Limited through a preferential issue. This acquisition represents 19.86% of the total diluted share capital of Sancode Technologies. The transaction, effective July 16, 2026, was executed via preferential allotment. Following this, Trinity Gate LLC holds 19.86% of the diluted share capital, with the total diluted share capital of Sancode Technologies now standing at 75,05,560 equity shares. Trinity Gate LLC is not part of the promoter or promoter group of Sancode Technologies.

Sancode Technologies Ltd announced the approval of the allotment of 23,25,582 convertible warrants on a preferential basis. The issue price for each warrant is ₹172, convertible into one equity share. The total cash consideration for the issuance is ₹40,00,00,104, with an initial receipt of ₹10,40,74,669. The warrants can be converted into equity shares within 18 months from the allotment date. The board meeting also addressed typographical corrections in a previous filing.

Sancode Technologies Ltd announced the outcome of its Board Meeting held on July 16, 2026. The board approved the preferential allotment of 23,25,582 convertible warrants at an issue price of ₹172 each. These warrants are convertible into an equal number of equity shares of face value ₹10 each. The allotment is to promoters and non-promoters upon receipt of minimum subscription amount. The total cash consideration for the warrants is ₹40,00,00,104, with ₹10,40,74,669 received against the allotment, exceeding 26% of the total consideration. The warrants can be converted into equity shares within 18 months from the allotment date.

Sancode Technologies Ltd's wholly-owned subsidiary, Sancode Semi Private Limited, has received approval from the Odisha Industrial Infrastructure Development Corporation (IDCO) for the allotment of 20 acres of industrial land. This land, located at Infovalley - II, District Khurda, Odisha, is designated for the establishment of the company's proposed Outsourced Semiconductor Assembly and Test (OSAT) manufacturing facility. This land acquisition is a significant step forward in the company's semiconductor manufacturing project in Odisha. Sancode Technologies will continue to update the stock exchange on material developments.