Sancode Technologies has announced the closure of its trading window for equity shares, effective October 1, 2026. This measure remains in force until 48 hours after the company communicates its financial results for the half year ended September 30, 2026, to the stock exchanges.

The decision is taken in accordance with the Code of Conduct for Prevention of Insider Trading under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The company stated that the date of the board meeting for considering these financial results will be intimated to the stock exchange in due course.

Regulatory Compliance

This intimation serves as a disclosure under the relevant provisions of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015. The notice was signed by Mihir Deepak Vora, Managing Director, on September 30, 2026.

Key Takeaways

• Trading in Sancode Technologies shares is prohibited from October 1, 2026.
• The restriction lifts 48 hours after the announcement of Q2FY27 financial results.
• The board meeting date for the results review has not yet been finalized.

Sancode Technologies has decided to defer the re-appointment of its managing director and independent directors, stating that their current terms remain valid. The company will exclude these resolutions from its 10th Annual General Meeting (AGM) scheduled for September 30, 2026.

The Board of Directors held a meeting on September 7, 2026, to review governance schedules and tenure mapping. During this session, the board confirmed that the ongoing terms of Mr. Mihir Deepak Vora, serving as Managing Director, along with Non-Executive Independent Directors Mr. Kush Gupta, Ms. Ayushi Mishra, and Mr. Sumesh Ashok Mishra, are continuing validly.

Governance Compliance

To strictly align with statutory timelines under Section 196(2) and Section 149 of the Companies Act, 2013, read with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the board resolved to withdraw the proposed re-appointment resolutions. This move ensures standard corporate governance guidelines regarding the timing of re-appointments prior to term expiration are observed.

Consequently, the proposed resolutions for the re-appointment of the Managing Director and Independent Directors will not feature in the Notice for the ensuing AGM. The company stated that the re-appointment process will be initiated in full compliance with statutory timelines closer to the completion of their respective ongoing tenures.

Other Business Decisions

The Draft Notice for the 10th Annual General Meeting was also updated and approved during the meeting. The company clarified that all other business decisions and agenda approvals recorded in the Board Meeting outcome dated September 4, 2026, remain completely unaffected and valid.