Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 for Acquisition of 100% share capital of Cirtek Electronics Corporation ('CEC'), a corporation incorporated under the laws of the Republic of the Philippines by Sancode Semi Private Limited (Subsidiary Company).

Date: 23rd October, 2026 The Manager, BSE SME Platform Department of Corporate Services 25th Floor, P.J. Towers, Dalal Street Fort, Mumbai - 40 001 Scrip Code: 543897 Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Acquisition by Sancode Semi Private Limited (Subsidiary Company) Dear Sir/Madam, Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that Sancode Semi Private Limited, a subsidiary of the Company, has entered into an agreement to acquire 100% of the share capital of Cirtek Electronics Corporation (“CEC”), a corporation incorporated under the laws of the Republic of the Philippines and having its registered office at 116 East Main Avenue, Phase V-SEZ, Laguna Technopark, Biñan City, 4024, Philippines, subject to the satisfaction of condition precedents and the terms and conditions specified in the definitive agreements and receipt of applicable approvals, if any. The proposed acquisition will further strengthen the access to technology, intellectual property and proprietary know-how of the Semiconductor OSAT operations of the Company. The relevant details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular bearing reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are as mentioned in Annexure - I. Thanking You, Yours Faithfully, For SANCODE TECHNOLOGIES LIMITED MIHIR DEEPAK VORA MANAGING DIRECTOR DIN: 08602271 SANCODE TECHNOLOGIES LIMITED CIN: L74900MH2016PLC280315 | Website: www.sancodetech.com Reg. Office – 403, Shreya House, Parera Hill Road, Chakala, Andheri (East), Mumbai, MH, 400099 IN Email id – info@sancodetech.com Contact No. – (022)49622853 ANNEXURE - I Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Annexure 18 of the SEBI Master Circular dated January 30, 2026. Details of acquisition: Sr. Particulars Details 1. Name of the target entity, details in brief Name: Cirtek Electronics Corporation (“CEC”), such as size, turnover etc.; a corporation incorporated under the laws of the Republic of the Philippines. Registered Office: 116 East Main Avenue, Phase V-SEZ, Laguna Technopark, Biñan City, 4024,Philippines. Authorised Capital: USD 13.5 million Paid Up Share Capital: USD 4.05 million Size/Turnover: FY 2025 USD 26.62 million 2. Whether the acquisition would fall No. within related party transaction(s) and whether the promoter/promoter group/group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at arm’s length. 3. Industry to which the entity being Semiconductor Industry acquired belongs. SANCODE TECHNOLOGIES LIMITED CIN: L74900MH2016PLC280315 | Website: www.sancodetech.com Reg. Office – 403, Shreya House, Parera Hill Road, Chakala, Andheri (East), Mumbai, MH, 400099 IN Email id – info@sancodetech.com Contact No. – (022)49622853 Sr. Particulars Details 4. Objects and effects of acquisition The acquisition is strategically aligned with the Company's objective of building a diversified, (including but not limited to, disclosure technology-enabled manufacturing platform of reasons for acquisition of target with a strong presence in the global electronics entity, if its business is outside the main and semiconductor sector. line of business of the listed entity); The combined effect of (i) immediate inorganic revenue and profit growth through the consolidation of CEC, (ii) access to Tier I customer relationships and advanced technology, (iii) the ability to accelerate the ramp-up of the Odisha plant through skill and knowledge transfer, and (iv) the diversification of the Company's operational and revenue base, positions the Company for sustained value creation for its shareholders and stakeholders over the long term. 5. Brief details of any governmental or No Approvals are required for the proposed regulatory approvals required for the transaction. Only Filings and compliances acquisition; under the Overseas Investment framework / FEMA, 1999 (filing Form FC with RBI through Authorised Dealer Bank - HDFC Bank) and filings with regulatory authorities in India or Philippines may be required. 6. Indicative time for completion of the The First Tranche Purchase Consideration is acquisition payable on Closing, and the Second Tranche Purchase Consideration is payable not later than 1 (one) year from the Closing Date. 7. Nature of consideration - whether cash Cash. consideration or share swap and details of the same; SANCODE TECHNOLOGIES LIMITED CIN: L74900MH2016PLC280315 | Website: www.sancodetech.com Reg. Office – 403, Shreya House, Parera Hill Road, Chakala, Andheri (East), Mumbai, MH, 400099 IN Email id – info@sancodetech.com Contact No. – (022)49622853 Sr. Particulars Details 8. Cost of acquisition or the price at which Total Purchase Consideration: USD 20,200,000 the shares are acquired; • First Tranche: USD 11,320,000 payable on Closing. • Second Tranche: USD 8,880,000 payable no later than 1 year from Closing Date. 9. Percentage of shareholding / control 100% of the issued and outstanding equity share acquired and / or number of shares capital (155,511,959 equity shares) of Cirtek acquired; Electronics Corporation. 10. Brief background about the entity Line of Business: Cirtek Electronics Corporation acquired in terms of products/line of ("CEC") is a Philippines-incorporated company business acquired, date of incorporation, engaged in the Outsourced Semiconductor history of last 2 years turnover, country Assembly and Test ("OSAT") business, in which the acquired entity has providing end-to-end semiconductor packaging, presence and any other significant assembly, and testing services to global information (in brief); customers. CEC's operations span wafer dicing, die attach, wire bonding, encapsulation, and final test, serving Tier I customers across the consumer electronics, industrial, telecommunications, and automotive sectors. CEC holds proprietary technology, intellectual property, and process know-how developed through years of OSAT operations, and its facilities are equipped with advanced semiconductor manufacturing equipment operated by an experienced engineering workforce qualified to international quality standards. Date of Incorporation: May, 23rd 1984 History of Last 2 Years Turnover: FY 2025 – USD 26.62 million FY 2024 – USD 23.08 million SANCODE TECHNOLOGIES LIMITED CIN: L74900MH2016PLC280315 | Website: www.sancodetech.com Reg. Office – 403, Shreya House, Parera Hill Road, Chakala, Andheri (East), Mumbai, MH, 400099 IN Email id – info@sancodetech.com Contact No. – (022)49622853