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

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































