Sancode Technologies Ltd

Sancode Technologies Ltd's Board of Directors approved the audited standalone and consolidated financial results for the financial year ended March 31, 2026. The board also approved the re-appointment of Sanjana Shah as an Internal Auditor for the financial year 2026-27. The meeting was held on May 30, 2026, concluding at 6:30 PM. The auditors, M/s. R. T. Jain & Co. LLP, issued an audit report with an unmodified opinion on the financial results.

Sancode Technologies Ltd's Board of Directors approved the audited standalone and consolidated financial results for the year ended March 31, 2026. The board also approved the re-appointment of Sanjana Shah as the Internal Auditor for the financial year 2026-27. The meeting, held on May 30, 2026, also included a declaration regarding the audit report with an unmodified opinion on the financial results.

Sancode Technologies Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the standalone and consolidated audited financial results for the year ended March 31, 2026. In compliance with SEBI regulations, the trading window for dealing in the company's equity shares has been closed since April 1, 2026, and will remain closed until 48 hours after the financial results are communicated to the stock exchange.

Sancode Technologies Ltd's board allotted 11,11,111 equity shares at ₹54 per share (including a premium of ₹44) following the conversion of warrants. The allotment was made to ZNL STARTUP ACCELERATOR LLP (4,44,444 shares) and NORTH STAR OPPORTUNITIES FUND VCC-LIGHTHOUSE CAPITAL INCORPORATED VCC SUB- FUND (6,66,667 shares), raising a total of ₹5,99,99,994. These shares will rank equally with existing shares and be listed on BSE Ltd. The board meeting concluded on May 16, 2026, at 02:25 P.M. (IST).

Sancode Technologies Ltd has announced the incorporation of its wholly-owned subsidiary, Sancode Electronics Private Limited. The new entity, with an authorized capital of ₹10,00,000 and paid-up capital of ₹1,00,000, will focus on the manufacturing, design, development, and trading of semiconductors, integrated circuits, microchips, and related electronic components. This strategic move aims to venture into new avenues and drive business growth in the semiconductor and microchip sector. The initial investment for 9,999 equity shares amounts to ₹99,990.

Sancode Technologies Ltd has announced the closure of the trading window for dealing in Equity Shares of the Company. The closure will be effective from Wednesday, April 01, 2026 till 48 hours after communication of financial results for the year ended on March 31, 2026 to the Stock Exchange. The date of the Board meeting for consideration of the financial results will be intimated to the Stock Exchange in due course of time.

Sancode Technologies Ltd. has approved the acquisition of the remaining 0.01% stake in Sancode Semi Private Limited, thereby making it a wholly owned subsidiary. The acquisition was made for a cash consideration of Rs. 10/-. Sancode Semi is a newly incorporated company with a business in semiconductors, integrated circuits, microchips, and electronic components. The acquisition is a related party transaction, with the promoter, Mr. Mihir Deepak Vora, being a director in both companies. The acquisition is expected to enable Sancode Technologies to venture into new avenues and deploy business growth in the semiconductor and microchip business.

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.

Sancode Technologies Ltd has informed the BSE that a meeting of the Board of Directors is scheduled on 26/02/2026. The agenda includes considering a proposal for fund raising through preferential allotment of equity shares, convertible warrants, or other instruments for cash or other than cash. The proposal is subject to approval from shareholders and compliance with applicable laws. The trading window for dealing in the securities of the company is closed for all connected persons, officers, designated employees, insiders, directors, and their immediate relatives until the end of 48 hours from the conclusion of the Board Meeting.

Sancode Semi Private Limited, a subsidiary of Sancode Technologies Limited, has received ‘In Principal’ approval from the High-Level Clearance Authority (HLCA), the State Government of Odisha for the establishment of an OSAT (Outsourced Semiconductor Assembly and Test) Unit in District - Khordha in the state of Odisha. The project involves a total capital expenditure of approximately 1,650 crore and is subject to the Company’s compliance with standard conditions and applicable statutory, regulatory, and other necessary approvals and clearances. This project marks a significant milestone in the Company’s strategic expansion into the semiconductor manufacturing ecosystem and aligns with the Government of Odisha's initiatives aimed at strengthening domestic semiconductor manufacturing and related infrastructure.