Sancode Technologies
265.60
-265.60(-100.00%)
Market Cap₹108.10 Cr
PE Ratio127.69
Company Performance:
1D-100.00%
1M-100.00%
6M-100.00%
1Y-100.00%
5Y-100.00%
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More news about Sancode Technologies
19Nov 25
Sancode Technologies Amends EGM Notice for Rs 5.99 Crore Convertible Warrants Issue
Sancode Technologies Limited has issued a corrigendum to its EGM notice, detailing plans to issue 11,11,111 convertible warrants worth Rs 5.99 crore. The funds will be used for expansion into new-age technologies (Rs 4.56 crore) and general corporate purposes (Rs 1.44 crore). The company aims to venture into semiconductor design and packaging, and explore AI technologies. A contingency plan redirects funds to AI, Machine Learning, Data Science, and Cloud Computing if semiconductor project faces delays. Sancode has incorporated a subsidiary for its OSAT plant project and is seeking collaborations. E-voting for shareholders is scheduled from November 20-21, 2025.
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15Nov 25
Sancode Technologies Reports Mixed Half-Year Results, Ventures into Semiconductor Industry
Sancode Technologies Limited reported a standalone net profit of Rs 16.44 lakhs but a consolidated net loss of Rs 11.22 lakhs for H1 ended September 30, 2025. The company's consolidated revenue increased to Rs 745.59 lakhs from Rs 576.07 lakhs year-over-year. Sancode announced plans to enter the semiconductor industry, forming a subsidiary Sancode Semi Pvt Ltd for chip testing and packaging. The company has applied for government approvals and signed an MOU with Silicon Connect SDN BHD for technical support. It plans to use Rs 5.99 crores from a recent preferential issue for initial project studies.
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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
265.60
-265.60
(-100.00%)
1 Year Returns:-100.00%
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