Sancode Semi Secures 20 Acres of Land for Semiconductor OSAT Facility in Odisha
Sancode Technologies Ltd's wholly-owned subsidiary, Sancode Semi Private Limited, has received approval from the Odisha Industrial Infrastructure Development Corporation (IDCO) for a significant land allotment. The approval concerns 20 acres of industrial land located at Infovalley - II, District Khurda, Odisha.This strategic piece of real estate is allocated for establishing the company's planned Semiconductor OSAT (Outsourced Semiconductor Assembly and Test) manufacturing facility in the state of Odisha.
The land allotment marks a crucial milestone toward the implementation of Sancode’s semiconductor manufacturing project within Odisha. The approval by IDCO provides the foundation necessary for moving forward with the proposed industrial setup.
Stock Price Movement
Sancode Technologies Ltd shares settled at ₹347.80 on Thursday, ticking up 1.99% in the closing session. The stock traded completely flat all day, maintaining a hard-won stability from the opening price to the final settlement.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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