Sancode Technologies Acquires Remaining Stake to Make Sancode Semi Wholly Owned Subsidiary
Published on: March 26, 2026, 2:50 a.m. | Source: scanx.trade
Sancode Technologies Limited has acquired the remaining 0.01% stake in Sancode Semi Private Limited for Rs. 10, making it a wholly owned subsidiary effective March 25, 2026. The Board approved this strategic acquisition to venture into semiconductor and microchip business. Sancode Semi operates in manufacturing and developing semiconductors, integrated circuits, and electronic components. The transaction was conducted as a related party transaction at arm's length price, with full regulatory compliance under SEBI regulations.
