Sedemac Mechatronics corrects customer concentration data in FY26 presentation

1 min read     Updated on 03 Jul 2026, 05:37 AM
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Sedemac Mechatronics Ltd issued a corrigendum to its Q4 and FY26 investor presentation, correcting the customer concentration data on page 12. The revised figures indicate that the revenue contribution from the biggest customer, relative to the next four, was 72% in FY24, 68% in FY25, and 58% in FY26, compared to the previously reported 70%, 66%, and 49% respectively.

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Sedemac Mechatronics Ltd has issued a corrigendum to its investor presentation for the quarter and financial year ended March 31, 2026. The company identified an inaccuracy in the graph related to “Customer Concentration” on page 12 of the document originally submitted to the stock exchanges on May 18, 2026. The correction revises the percentage of revenue derived from its biggest customer relative to the next four clients for the fiscal years 2024, 2025, and 2026.

The updated filing, submitted to BSE Limited and National Stock Exchange of India Limited, outlines the specific revisions made to the customer concentration metrics. The data now reflects a higher concentration for all three years compared to the figures initially reported.

Revised Customer Concentration Data

The following table details the corrections made to the customer concentration figures:

Fiscal Year Information Submitted on May 18, 2026 Corrigendum Information
FY24 70% 72%
FY25 66% 68%
FY26 49% 58%

The metric represents the percentage of revenue from the biggest customer minus the sum of the percentage of revenue from the next four customers. The revised investor presentation incorporating these corrections has been enclosed with the regulatory filing. The company’s secretary and compliance officer, Prasad Rajendra Chavan, signed the disclosure on July 02, 2026.

Historical Stock Returns for SEDEMAC Mechatronics

1 Day5 Days1 Month6 Months1 Year5 Years
-2.08%-2.84%+4.59%+89.19%+89.19%+89.19%

How will the significantly higher customer concentration in FY26 impact investor confidence regarding revenue stability?

What steps is Sedemac taking to diversify its client base to reduce dependency on its largest customer?

Could this revision trigger a reassessment of the company's risk profile by credit rating agencies?

Sedemac promoter declares no encumbrance on shares for FY26

1 min read     Updated on 20 Jun 2026, 08:36 AM
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Prof. Shashikanth Suryanarayanan declared that he and his promoter group did not create any encumbrance on shares of Sedemac Mechatronics Limited during the financial year ended March 31, 2026. The declaration, submitted on April 06, 2026, was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing identifies eight individuals, including Prof. Shashikanth Suryanarayanan as the Promoter and seven others as Promoter Group members.

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Promoter Prof. Shashikanth Suryanarayanan has declared that neither he nor his promoter group created any encumbrance on shares of sedemac mechatronics during the financial year ended March 31, 2026. The disclosure, submitted to the stock exchanges, confirms that the shares held by the promoter group remain free of any direct or indirect charges for the specified period. This filing ensures compliance with regulatory requirements regarding the pledging or hypothecation of promoter holdings.

The declaration was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prof. Shashikanth Suryanarayanan submitted the declaration on behalf of himself and the entire promoter group as disclosed in the annexure to the filing. The document was addressed to the Listing Departments of BSE Limited and the National Stock Exchange of India Ltd on April 06, 2026.

The filing identifies eight individuals who constitute the promoter and promoter group of the company. Prof. Shashikanth Suryanarayanan is listed as the Promoter, while the remaining seven members are categorized as Promoter Group. The list includes family members such as Mallika R Iyer, Karthik Mallika Shashikanth, and Kabir Mallika Shashikanth, as well as other individuals like Ravikumar Krishnamurthi and Coimbatore Sundaresan Suryanarayanan.

Promoter and Promoter Group Details

Sr. No. Name of the person and Persons Acting in Concert (PAC) with the Person Category
1 Prof. Shashikanth Suryanarayanan Promoter
2 Mallika R Iyer Promoter Group
3 Ravikumar Krishnamurthi Promoter Group
4 Coimbatore Sundaresan Suryanarayanan Promoter Group
5 Poornima Arun Promoter Group
6 Geetha Ravikumar Promoter Group
7 Karthik Mallika Shashikanth Promoter Group
8 Kabir Mallika Shashikanth Promoter Group

A copy of the declaration has been forwarded to the Audit Committee of Sedemac Mechatronics Limited. The company is headquartered at Survey No. 270/1/A/2, Pallod Farms, Baner Road, Baner, Baner Gaon, Haveli, Pune. The scrip is traded on the BSE with code 544723 and on the NSE under the symbol SEDEMAC.

Historical Stock Returns for SEDEMAC Mechatronics

1 Day5 Days1 Month6 Months1 Year5 Years
-2.08%-2.84%+4.59%+89.19%+89.19%+89.19%

Does the absence of share encumbrance indicate a strategy to fund future expansion through internal accruals rather than debt?

How might this clean pledge status impact investor confidence and stock volatility during the upcoming fiscal year?

Are there any plans for the promoter group to alter their shareholding structure or stake size in the near future?

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1 Year Returns:+89.19%