A91 Emerging Fund II LLP sells 5.44% stake in Sedemac Mechatronics

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • A91 Emerging Fund II LLP sold 24,03,105 equity shares of Sedemac Mechatronics Ltd on September 25, 2026
  • The transaction reduced the fund's holding from 12.74% to 7.29% of total share capital
  • Sale was executed via open market trades on BSE and NSE, triggering SEBI Regulation 29(2) disclosure
  • Remaining stake of 32,21,745 shares keeps the fund above the 5% substantial acquisition threshold
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51882787

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Sedemac Mechatronics Ltd witnessed a significant reduction in institutional holding as A91 Emerging Fund II LLP sold 24,03,105 equity shares, representing 5.44% of the company's total share capital. The transaction was executed on September 25, 2026, through the screen-based trading platform of the BSE and NSE.

This disposal triggered a mandatory disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as the cumulative change in shareholding exceeded the 2% threshold from the last disclosed position. Prior to this sale, A91 Emerging Fund II LLP held 56,24,850 shares, constituting 12.74% of the voting capital. The fund is not part of the promoter or promoter group.

Transaction Details and Shareholding Shift

The seller, VT Bharadwaj, Designated Partner at A91 Emerging Fund II LLP, confirmed the open market nature of the sale. The disclosure notes that while multiple sales occurred between May 12, 2026, and May 21, 2026, none individually breached the 2% threshold until the final transfer on September 24, 2026, which necessitated this consolidated reporting.

Metric Before Sale Sold After Sale
Number of Shares 56,24,850 24,03,105 32,21,745
% of Total Share Capital 12.74% 5.44% 7.29%
% of Diluted Share Capital 12.63% 5.39% 7.23%

The total equity share capital of Sedemac Mechatronics remains unchanged at 4,41,67,500 shares, based on the shareholder pattern disclosed to the BSE as of June 30, 2026. The total diluted share capital stands at 4,45,53,000 shares.

What the Numbers Show

A notable divergence exists between the percentage of total share capital and diluted share capital affected by the sale. While the fund disposed of 5.44% of the total equity, this represented only 5.39% of the diluted capital. This slight variance indicates the presence of outstanding convertible securities or warrants that are not yet converted into equity, diluting the immediate impact of the sell-down on the fully diluted ownership structure. The remaining holding of 7.29% keeps A91 Emerging Fund II LLP above the 5% substantial acquisition threshold, maintaining its status as a significant non-promoter shareholder.

Historical Stock Returns for SEDEMAC Mechatronics

1 Day5 Days1 Month6 Months1 Year5 Years
+3.96%+10.75%+9.33%+129.08%+137.40%+137.40%

Will A91 Emerging Fund II LLP continue to reduce its stake in Sedemac Mechatronics to fall below the 5% substantial acquisition threshold in the near term?

How might the reduced institutional ownership influence Sedemac Mechatronics' stock liquidity and price volatility on the BSE and NSE?

Are there specific convertible securities or warrants outstanding that could further dilute the remaining 7.29% holding if exercised by other parties?

Xponentia Group cuts Sedemac Mechatronics stake to 9.33% via open market sale

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Xponentia Group sold 28,34,801 equity shares of Sedemac Mechatronics on September 24, 2024
  • Stakeholding decreased from 15.75% to 9.33% of total voting capital
  • Transaction executed via open market by non-promoter group entities
  • Total diluted share capital of the company stands at 4,45,53,000
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Sedemac Mechatronics Limited witnessed a significant reduction in institutional holding as the Xponentia Group sold 28,34,801 equity shares on September 24, 2024. This transaction lowered the group's aggregate shareholding from 15.75% to 9.33% of the company's total voting capital.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The sellers, who do not belong to the promoter or promoter group, executed the trade through the open market. The total equity share capital of the target company remained unchanged at 4,41,67,500 shares before and after the transaction.

Transaction Details

The Xponentia Group comprises multiple entities including Xponentia Opportunities Fund II, Mace Private Limited, and several individual investors. The following table outlines the specific changes in holding:

Metric Before Sale After Sale Change
Shares Held 69,55,200 41,20,399 -28,34,801
% of Total Voting Capital 15.75% 9.33% -6.42%
% of Diluted Capital 15.61% 9.25% -6.36%

The sale involved shares carrying voting rights only, with no encumbrances or convertible securities reported in the disposal. The mode of acquisition for the sellers prior to this sale was not specified in the immediate context, but the current disposal was strictly via the open market.

What the Numbers Show

The reduction in stake from 15.75% to 9.33% indicates a substantial exit strategy by the Xponentia Group, moving them closer to the 10% threshold often monitored for significant shareholder status. Notably, the percentage drop in diluted share capital (6.36%) is slightly lower than the drop in total voting capital (6.42%), reflecting the presence of outstanding convertible securities or warrants that dilute the voting power relative to the fully converted equity base. The total diluted share/voting capital stands at 4,45,53,000, compared to the actual equity capital of 4,41,67,500.

Historical Stock Returns for SEDEMAC Mechatronics

1 Day5 Days1 Month6 Months1 Year5 Years
+3.96%+10.75%+9.33%+129.08%+137.40%+137.40%

Will the Xponentia Group's reduced stake below 10% alter its reporting obligations or influence on Sedemac's corporate governance?

How might this significant institutional exit impact Sedemac Mechatronics' stock liquidity and price volatility in the short term?

Are there indications that other institutional investors in the Xponentia Group cluster plan to liquidate their remaining positions?

More News on SEDEMAC Mechatronics

1 Year Returns:+137.40%