Sancode Technologies' board allotted 11,11,111 equity shares at ₹54 each via warrant conversion on May 16, 2026.
ZNL Startup Accelerator LLP received 4,44,444 shares as a promoter, contributing ₹2.40 crore.
North Star Opportunities Fund received 6,66,667 shares as a non-promoter, contributing ₹3.60 crore.
Total subscription amounted to ₹6.00 crore, with shares ranking pari-passu with existing equity.