Announced Tue, 21 Jul, 2026 · 10:31 IST
Trinity Gate LLC allotted 14.9 lakh warrants in Sancode Technologies
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Sancode Technologies allotted 14,90,387 convertible warrants (19.86% of diluted capital) to Trinity Gate LLC, a US-based non-promoter entity, via preferential issue on 16 July 2026. Trinity Gate held no shares before this allotment. On full conversion, total diluted equity will rise from 51.8 lakh to 75.05 lakh shares of Rs 10 face value.
Likely market impact
Significant potential dilution for existing shareholders as 19.86% of diluted capital goes to a single non-promoter entity via warrants.