Sancode Technologies Ltd

🚀 Sancode Technologies Expands Into Semiconductor Sector with New Subsidiary

• Incorporated new subsidiary Sancode Electronics Private Limited

• Sancode Technologies holds 99.99% ownership

• Authorized capital: ₹10,00,000 (1,00,000 equity shares @ ₹10 each)

• Initial paid-up capital: ₹1,00,000 for 10,000 equity shares

• Sancode Technologies subscribed to 9,999 shares for ₹99,990 in cash

• Focus areas: semiconductor and microchip manufacturing, design, development, and trading

• Strategic investment to expand into semiconductor business

• Currently operating in India