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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Sancode Technologies Ltd

Sancode Technologies: Wholly-Owned Subsidiary Completes Rights Issue

FUNDRAISE ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 01 Jul 2026, 09:53 PM IST  ·  BSE ID: b7d25783-40b5-459c-a364-3006775de83f
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's subsidiary just issued new shares via a rights issue, and the parent company still owns 100% of it.
🤖 AI Summary
  • Sancode Semi Private Limited, a subsidiary, completed a rights issue of 400,000 equity shares.
  • Sancode Technologies Limited maintains its 100% shareholding post-allotment.
  • The subsidiary is engaged in semiconductor manufacturing, including design and OSAT services.
  • The transaction is a related party transaction involving company directors and is arm's length.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Sancode Semi Private Limited equity shares allotted
4,00,000
Sancode Semi Private Limited authorized capital
Rs. 1,00,00,000/-
Sancode Semi Private Limited paid up share capital (post allotment)
Rs. 41,00,000/-
🏢 How This Affects the Company
📈
Business Impact
The investment strengthens the company's presence in the semiconductor eco-system through its subsidiary's operations in design, fabrication, and testing.
💰
Financial Impact
The paid-up share capital of Sancode Semi Private Limited increased to Rs. 41,00,000 post-allotment.
⚙️
Operational Impact
The subsidiary is expanding its semiconductor manufacturing capabilities, including OSAT/ATMP services.
⚠️
Risk Impact
The transaction is a related party transaction, though disclosed as arm's length, requires ongoing scrutiny.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this subsidiary level rights issue.
👤
Who Is Affected
All existing shareholders of Sancode Technologies Limited are indirectly affected by the strategic expansion of its wholly-owned subsidiary.
🔍
Management Signal
Management is focused on developing and expanding its semiconductor manufacturing capabilities through strategic investments in its subsidiary.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Subsidiary's operational performance metrics for semiconductors.
Future capital requirements for Sancode Semi's expansion.
Disclosure of further semiconductor sector initiatives.
MEDIUM RISK Related party transaction involving subsidiary expansion in a capital-intensive sector.
💡 Investor Takeaway
Sancode Technologies Limited's subsidiary, Sancode Semi Private Limited, completed a rights issue of 400,000 equity shares, maintaining the parent's 100% ownership and expanding its semiconductor business.
⚖️ Strengths & Concerns

✅ Positives

  • Sancode Technologies Limited retains full 100% ownership of its subsidiary Sancode Semi Private Limited.
  • Sancode Semi Private Limited is positioned in the high-growth semiconductor manufacturing industry.

⚠️ Concerns

  • Sancode Semi Private Limited was incorporated in September 2025, indicating limited operational history.
  • The transaction is a related party transaction involving directors of Sancode Technologies Limited.
❓ Frequently Asked Questions
What is the total number of equity shares allotted by Sancode Semi Private Limited?
Sancode Semi Private Limited allotted 4,00,000 equity shares through a rights issue.
Does Sancode Technologies Limited's shareholding in its subsidiary change?
No, Sancode Technologies Limited's shareholding in Sancode Semi Private Limited remains 100% post-allotment.
What is the business of Sancode Semi Private Limited?
Sancode Semi Private Limited is engaged in semiconductor manufacturing, including design, fabrication, packaging, and testing.
What is the paid-up share capital of Sancode Semi Private Limited after the rights issue?
The paid-up share capital of Sancode Semi Private Limited is Rs. 41,00,000/- post-allotment.
Is this a related party transaction for Sancode Technologies Limited?
Yes, the investment in Sancode Semi Private Limited is a related party transaction, conducted on an arm's length basis.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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