Sancode Technologies Limited has made a disclosure to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the appointment of a Chief Executive Officer in its subsidiary company.
Key Appointment Details
Sancode Semi Private Limited, a subsidiary of Sancode Technologies Limited, has appointed Mr. Jerry A. Agnes as its Chief Executive Officer effective from October 15, 2026. The appointment is for full-time employment based on the terms of the Employment/Appointment Agreement with Sancode Semi Private Limited.
Role and Responsibilities
Mr. Agnes will lead the setting up and operationalization of Sancode Semi's greenfield Outsourced Semiconductor Assembly and Test (OSAT) facility at Info Valley – II, Bhubaneswar, Odisha, on the 20 acres allotted by IDCO. His responsibilities include facility design, equipment selection and installation, process and customer qualification, and ramp-up to commercial production. He will report to the Board of Directors of Sancode Semi.
Professional Background
Mr. Jerry A. Agnes is a semiconductor industry executive with over 35 years of global leadership experience in building and scaling semiconductor assembly and test manufacturing operations.
Previous Roles:
- CG Semi Private Limited (2024–2026): Chief Executive Officer and Director - Joined at inception to set up one of India's first OSAT facilities under the India Semiconductor Mission. Grew the organization from a five-member founding team to over 300 employees. Led the project from concept through factory construction, customer qualification and commercial production, with the first manufacturing facility completed within eight months of groundbreaking.
- Amkor Technology Philippines Inc. (1989–2014): Country Manager & President - Over 25 years rose through roles in process engineering and operations to lead one of Amkor's largest global manufacturing operations. Held P&L responsibility for operations exceeding USD 700 million in annual revenue, serving 75 customers with a workforce of more than 10,000 employees.
- Other experience includes Senior Semiconductor Consultant at KKM Works (2016–2024), President of Airfreight 2100 (2014–2016), and process engineering leadership roles at Advanced Micro Devices, Analog Devices Inc. and Dynetics Inc.
Education: Bachelor of Science in Radio & Electronics Engineering from FEATI University, Manila, Philippines.
Governance and Compliance
Mr. Agnes is not related to any Director or Key Managerial Personnel of Sancode Technologies Limited or its subsidiary company. The disclosure includes additional details as required under Regulation 30 read with SEBI Circular HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, provided in Annexure-I.
Additional Information
The information has been made available on the company's website at www.sancodetech.com. The disclosure was digitally signed by Mihir Deepak Vora, Managing Director (DIN: 08602271) of Sancode Technologies Limited.