SEDEMAC Mechatronics schedules investor meetings for June 3

1 min read     Updated on 30 May 2026, 09:59 PM
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AI Summary

SEDEMAC Mechatronics Limited announced a group investor meeting on June 3, 2026, in Pune to reiterate financial performance for Q4FY26 and FY26. The meeting with T Rowe Price, Mahindra Manulife MF, and HSBC Securities will rely on the earnings call presentation from May 18, 2026.

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SEDEMAC Mechatronics Limited has scheduled a group investor meeting for Wednesday, June 03, 2026, to reiterate financial performance for the quarter and year ended March 31, 2026. The management will interact with representatives from T Rowe Price, Mahindra Manulife MF, and HSBC Securities via a physical meeting in Pune. This session follows previous one-on-one interactions held on May 28, 2026, and will only cover information previously disclosed during the earnings call held on Monday, May 18, 2026, ensuring no unpublished price-sensitive information is shared.

Meeting Details

The company disclosed the schedule in a filing submitted to BSE Limited and National Stock Exchange of India Limited. The interactions are pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The following table outlines the scheduled session:

Day/Date Organization Visiting Venue / Location Mode of Meeting Type of Meeting
Wednesday,
June 03, 2026
T Rowe Price,
Mahindra Manulife MF,
HSBC Securities
Pune Physical Meeting Group Meeting

Disclosure Context

The company clarified that the purpose of this meeting is to reiterate the financial results for Q4FY26 and FY26. The investor presentation used during the earnings call on May 18, 2026, will serve as the reference material for these discussions. The filing was signed by Prasad Rajendra Chavan, Company Secretary and Compliance Officer.

Historical Stock Returns for SEDEMAC Mechatronics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%+3.15%+13.40%+47.81%+47.81%+47.81%

What specific aspects of SEDEMAC's Q4 and FY26 performance are investors likely to focus on during this meeting?

How might the feedback from T Rowe Price, Mahindra Manulife MF, and HSBC Securities influence SEDEMAC's future investor relations strategy?

Could this meeting signal potential shifts in institutional investor sentiment toward SEDEMAC's stock?

SEDEMAC faces ₹2.35 cr GST demand for FY 2022-24

1 min read     Updated on 25 May 2026, 11:48 PM
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AI Summary

SEDEMAC Mechatronics received GST Show Cause Notices from the Tamil Nadu Commercial Taxes Department demanding ₹2.35 crore for FY 2022-24. The demand includes allegations of short tax payments and excess credits. The company plans to contest the notices and expects no material financial impact.

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sedemac mechatronics has disclosed the receipt of GST Show Cause Notices from the Commercial Taxes Department of Tamil Nadu, demanding a total of ₹2.35 crore for the financial years 2022-23 and 2023-24. The notices, issued via email on May 20, 2026, allege short payment of tax under the Reverse Charge Mechanism (RCM), reversal of output tax on credit notes, and excess input tax credit availed. The company stated it does not anticipate a material financial impact and will file objections.

The Assistant Commissioner (Hosur South - I), Krishnagiri, issued the notices under Section 73 of the CGST/SGST Act, 2017. The department has also cited a penalty for the violation of Rule 138 for the financial year 2022-23. The total demand includes a tax component of ₹2.14 crore and a penalty of ₹21.36 lakh.

Demand Details

The department has levied a total demand of ₹2,34,96,553, comprising tax and penalty components across both financial years. The table below outlines the specific amounts demanded for each period.

Component FY 2022-2023 (₹) FY 2023-2024 (₹) Total (₹)
Tax 76,06,772 1,37,53,732 2,13,60,504
Penalty 7,60,676 13,75,373 21,36,049
Total 83,67,448 1,51,29,105 2,34,96,553

Company Response

In response to the notices, SEDEMAC Mechatronics Limited stated that it will file objections and representations. The company plans to avail a personal hearing at the office of the Assistant Commissioner on or before June 9, 2026. Based on its assessment and advice from tax advisors, the company does not anticipate that the said notices will have any material financial impact on its operations.

Historical Stock Returns for SEDEMAC Mechatronics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%+3.15%+13.40%+47.81%+47.81%+47.81%

How will the company's legal strategy impact its cash flow during the objection period?

What precedents could this case set for other companies facing similar GST notices?

Will this development affect investor confidence in SEDEMAC's compliance practices?

More News on SEDEMAC Mechatronics

1 Year Returns:+47.81%