Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), this is to inform that a Company under the name Sanfin Technologies Private Limited (abbreviated name being 'Sanfin Technologies') has been incorporated under the provisions of Companies Act, 2013 in which Sancode Technologies Limited holding 50% of Shareholding of the said Company. Accordingly, Sanfin Technologies has become a Joint Venture of the Company upon its incorporation.