Gist of Proceeding of the Extra Ordinary General Meeting (EGM) OF Sancode Technologies Limited held on 25th March 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sancode Technologies Limited held an Extra Ordinary General Meeting on 25th March 2026 at its registered office in Andheri East, Mumbai, chaired by Managing Director Mihir Deepak Vora. The meeting, which concluded in 45 minutes, considered 5 special business items. These include an increase in the authorized share capital of the company and the issuance of up to 23,25,582 convertible warrants on a preferential basis to promoters and non-promoters for cash consideration. Shareholders also considered approval for a material related party transaction with Sancode Semi Private Limited, and authorizations to the Board for granting loans, guarantees, and investments under Sections 185 and 186 of the Companies Act, 2013. Remote e-voting was conducted between 22nd March and 24th March 2026, with voting results to be announced separately to the stock exchange.
The proposed preferential warrant issue of 23,25,582 warrants could dilute existing shareholders' stake once converted, while the material related party transaction with Sancode Semi Private Limited warrants close monitoring for any value transfer. An increase in authorized share capital signals potential future fundraising plans. Voting results on all 5 resolutions are awaited and will be a key trigger for short-term stock movement.