Sancode Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/02/2026 ,inter alia, to consider and approve the fund raising by way ....
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Sancode Technologies Ltd, listed on the BSE SME platform, has informed the stock exchange that its Board of Directors will meet on Thursday, 26 February 2026. The key item on the agenda is to consider raising funds by issuing equity shares, convertible warrants, or other instruments through a preferential allotment. The consideration could be in cash or non-cash form, and the proposal is subject to shareholder approval and applicable law. The company has also closed its trading window for insiders till 48 hours after the board meeting concludes.
If approved, this preferential allotment could lead to dilution of existing shareholders' stake. Investors should watch for further announcements on the size, price, and identity of allottees after the board meeting.