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

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.

Sedemac Mechatronics Limited has secured in-principle approval from the National Stock Exchange of India (NSE) and BSE Limited to list 1,47,000 equity shares allotted under its SEDEMAC Employee Stock Option Plan 2014. The shares, carrying a face value of Rs 10 each, will be listed as and when the options are exercised by employees, subject to the company meeting specific regulatory conditions.

The approvals were communicated via letters from both exchanges on June 9, 2026. The NSE reference number is NSE/LIST/55051, while the BSE reference number is DCS/ESOP /IP /RD/103/2026-27. These approvals allow the company to proceed with the listing of shares arising from the exercise of options under the ESOP scheme.

Listing Conditions and Compliance

The in-principle approvals are contingent upon Sedemac Mechatronics fulfilling several conditions. The company must notify the exchanges under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, along with a listing application, only after the shares are allotted and credited to the beneficiaries' accounts or share certificates are dispatched.

Furthermore, the company is required to obtain all statutory and other approvals, including those from SEBI, RBI, and MCA. It must also comply with the guidelines, regulations, and directions of the exchanges and statutory authorities. Compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013, is mandatory as of the date of listing.

Required Documentation

Both exchanges have outlined a list of documents that must be submitted to facilitate the final listing. These include a certified true copy of the statement under Regulation 10(c), confirmation of credit to NSDL/CDSL accounts or dispatch of physical certificates by the registrar and transfer agent, and a certified true copy of the board resolution for the allotment of shares.

Additionally, the company must provide a list of allottees specifying the number of shares allotted. Details of employees who have been granted options or shares in excess of 1% of the share capital, or 5% in the case of ESPS, issued in one year are also required. If any directors have been issued shares pursuant to the ESOP, their details must be disclosed.

The exchanges reserve the right to withdraw the in-principle approval if any information submitted is found to be incomplete, incorrect, misleading, or false, or if there is any contravention of rules and regulations.