Sancode Technologies Ltd — Important, 13-12-2025: Company Update
13-12-2025 | 12:13 pm
13-12-2025 | 12:13 pm
Sancode Technologies' board met and approved the preferential allotment of 1,111,111 convertible warrants at ₹54 each. These warrants are convertible into an equal number of equity shares. The total consideration for these warrants is approximately ₹6.00 Cr, of which the company has already received about ₹1.50 Cr (25%). The allotment includes both promoters and a non-promoter investor. This capital infusion strengthens the company's financial base and supports future operations, with warrants convertible into equity over 18 months.
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