Sancode Technologies Ltd — Important, 03-02-2026: Company Update

Sancode Technologies' subsidiary, Sancode Semi Private Limited, has received in-principle approval from the Odisha government to establish an OSAT (Outsourced Semiconductor Assembly and Test) unit in Khordha district. This significant project involves a capital expenditure of approximately ₹1,650 crore, to be spent over its implementation. This move marks a strategic expansion for the company into the semiconductor manufacturing ecosystem, aligning with the government's push to strengthen domestic semiconductor production. It's a key step in their business growth strategy.