Incumbent organizations face challenges in managing multiple legacy applications. Legacy applications limit the integration of new applications and hinder the use of modern application development technologies such as cloud and AI. We present a case study of an incumbent organization that developed dynamic capabilities (DC) to leverage low-code for effectively tackling these challenges. By conducting 18 expert interviews, our work identifies key capabilities such as legacy application sensing, seizing low-code opportunities, and orchestrating transformative shifts in software development practices. Our study makes two key contributions. First, we demonstrate how organizations develop DC to use low code as a new option to overcome challenges stemming from siloed legacy application. Second, we develop a process model that explains how organizations can develop DC to use low-code for achieving end-to-end process coverage, advance software development practices, and the flexibility of the IT infrastructure.