Sancode Technologies
256.00
+4.70(+1.87%)
Market Cap₹104.21 Cr
PE Ratio120.82
Company Performance:
1D+1.87%
1M+64.26%
6M+109.06%
1Y+433.33%
5Y+321.05%
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More news about Sancode Technologies
24Sept 25
Sancode Technologies Expands into Semiconductor Industry with New Subsidiary
Sancode Technologies Limited has incorporated a new subsidiary, Sancode Semi Private Limited, to venture into the semiconductor industry. The subsidiary has an authorized capital of Rs. 10 lakh and a paid-up share capital of Rs. 1 lakh. Sancode Technologies holds 99.99% of the subsidiary's shares, investing Rs. 99,990 for 9,999 equity shares. The new entity will focus on manufacturing, designing, and developing semiconductors, as well as trading in electronic components and conducting R&D. This move is part of Sancode Technologies' strategy to expand in the technology sector and explore growth opportunities in the semiconductor and microchip industry.
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19Aug 25
Sancode Technologies Holds EGM to Approve Share Capital Increase and Warrant Issuance
Sancode Technologies Limited conducted an EGM on August 19, 2025, to address two key items: increasing the authorized share capital and approving the issuance of 11,11,111 convertible warrants on a preferential basis. The meeting, chaired by Managing Director Mihir Deepak Vora, provided remote e-voting facilities and on-site voting options for shareholders. The outcomes of these decisions could significantly impact the company's capital structure and future growth plans. Results will be announced via stock exchange notifications and the company's website.
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24Jul 25
Sancode Technologies Approves Share Capital Increase and Convertible Warrant Issue
Sancode Technologies Limited's board approved an increase in authorized share capital from Rs. 4.50 crore to Rs. 6.50 crore, adding 20 lakh new equity shares. The company also plans to issue 11,11,111 convertible warrants at Rs. 54 each, raising Rs. 6.00 crore. The warrants will be allocated to ZNL Startup Accelerator LLP (promoter) and North Star Opportunities Fund VCC (non-promoter). Each warrant is convertible into one equity share within 18 months. These proposals require shareholder approval at an EGM scheduled for August 19, 2025.
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21Jul 25
Sancode Technologies to Discuss Capital Increase and Fund Raising in Upcoming Board Meeting
Sancode Technologies Limited has scheduled a board meeting for July 24, 2025, to discuss increasing authorized capital and exploring fund-raising options through equity shares, convertible warrants, or other instruments. The board will also set a date for an Extraordinary General Meeting to seek shareholder approval for these proposals. A trading window closure has been implemented for connected persons until 48 hours after the board meeting concludes.
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Sancode Technologies
256.00
+4.70
(+1.87%)
1 Year Returns:+433.33%
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