Sancode Technologies Ltd — Others, 28-07-2025: AGM/EGM

Sancode Technologies will hold an Extra-ordinary General Meeting to secure shareholder approval for two main proposals. First, the company aims to increase its authorized share capital from Rs. 4.5 Cr to Rs. 6.5 Cr by creating an additional 20 lakh equity shares. This move is intended to support future business growth and enable various fundraising initiatives. Second, Sancode proposes to issue up to 11.11 lakh convertible warrants at Rs. 54 each, totaling approximately Rs. 6 Cr, through a preferential allotment. These funds are earmarked for expanding into new technologies, including semiconductor design and Artificial Intelligence, alongside general corporate purposes.