Sedemac Mechatronics has filed the summary of proceedings for its postal ballot notice dated July 16, 2026, seeking shareholder approval for key employee compensation structures. The company engaged MUFG Intime India Private Limited as its agency for providing the e-voting facility to members.

The voting process was conducted pursuant to Section 108 and 110 of the Companies Act, 2013, read with the Companies (Management and Administration) Rules, 2014, and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Voting rights were determined in proportion to equity share holdings as on the cut-off date of July 10, 2026.

Key Resolutions

Shareholders voted on two special resolutions regarding employee stock options:

• Ratification of the Sedemac Employee Stock Option Plan 2014
• Ratification of the Sedemac Mechatronics Employee Stock Option Scheme 2025

Voting Process Details

The e-voting period commenced on Sunday, July 19, 2026, at 9:00 am and concluded on Monday, August 17, 2026, at 5:00 pm. The company appointed partners from M/s. Nilesh Shah & Associates as scrutinizers to ensure a fair and transparent process. Mr. Mahesh Darji was appointed as the primary scrutinizer, with Mr. Nilesh Shah and Mrs. Hetal Shah serving as alternate scrutinizers in case of failure.

The results of the postal ballot are scheduled to be declared on or before Wednesday, August 19, 2026. The voting results and the scrutinizer report will be uploaded on the company's website and the registrar's portal. The filings will also be submitted in accordance with Regulation 44(3) of SEBI LODR and Rule 20 of the Companies (Management and Administration) Rules, 2014.

Sedemac Mechatronics Limited has scheduled its 19th Annual General Meeting (AGM) for Wednesday, September 9, 2026. The meeting will commence at 10:30 am and will be conducted through Video Conferencing or Other Audio-Visual Means in compliance with regulations from the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Financial Performance for FY26

The company released its Annual Report for the financial year ended March 31, 2026, highlighting robust growth across key metrics. Revenue from operations increased by 61% year-on-year to ₹1,058.4 crore, while EBITDA rose by 78% to ₹222.2 crore. Profit after tax (PAT) surged by 119% to ₹103.6 crore, demonstrating significant operating leverage.

The growth was primarily driven by the Mobility segment, which saw a 62% year-on-year revenue increase to ₹910.6 crore. This was fueled by deeper penetration of Sensorless Integrated Starter Generator (ISG) technology in India’s two- and three-wheeler market, where an estimated 35% of produced vehicles now incorporate ISG. The Industrial segment also contributed, growing by 55% to ₹147.8 crore, supported by new product launches in the North American generator market.

What the Numbers Show

A key analytical observation is the divergence between revenue growth and working capital expansion. While revenue grew 61%, trade receivables increased by 204% to ₹133.7 crore, causing Accounts Receivable days to rise from 20 to 31. This shift occurred as the company discontinued the TReDS platform to transition to direct credit relationships with OEM customers, aligning with industry practices for its scale. Despite this, the company maintained a healthy Return on Capital Employed (RoCE) of 40.4%, up from 33.8% in the previous year, indicating efficient capital utilization despite higher working capital requirements.

Meeting Details

The company designated Monday, August 31, 2026, as the cut-off date to determine the list of members eligible to vote on the resolutions outlined in the AGM notice. Shareholders are advised to ensure their contact information is current to receive further communications regarding the event.

Shareholder Instructions

Members are requested to update their email addresses and mobile numbers with MUFG Intime India Private Limited, the company’s Registrar and Share Transfer Agent, or directly with their Depository Participants. This ensures accurate record-keeping for voting purposes.

The intimation was issued by Prasad Rajendra Chavan, Company Secretary and Compliance Officer of Sedemac Mechatronics Limited.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE00XB01019/2939b564-4071-44f2-8073-bc0d66101d91.pdf