SEDEMAG Mechatronics Limited has issued a correction to its regulatory filing with stock exchanges, addressing an inadvertent error in the designation of one of its Key Managerial Personnel. The correction was communicated to BSE Limited and National Stock Exchange of India Ltd on March 14, 2026.

Correction Details

The company clarified that Mr. Amit Arun Dixit's designation was incorrectly mentioned as Managing Director in its earlier disclosure, when his actual position is Joint Managing Director. This correction pertains to the company's disclosure submitted on March 11, 2026 to BSE Limited and March 12, 2026 to National Stock Exchange of India Ltd.

Updated Key Managerial Personnel List

The corrected list of Key Managerial Personnel authorized to determine materiality of events and make regulatory disclosures is as follows:

Regulatory Compliance

The correction was made pursuant to Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation governs the authorization of Key Managerial Personnel to determine the materiality of events or information and to make disclosures to stock exchanges under Regulation 30 of the SEBI Listing Regulations.

Company Information

The disclosure was signed by Mr. Prasad Rajendra Chavan, Company Secretary and Compliance Officer, and has been made available on the company's website at www.sedemac.com . SEDEMAG Mechatronics Limited, formerly known as SEDEMAG Mechatronics Private Limited, operates from its registered office and technical center in Pune, Maharashtra, with two manufacturing facilities in the region.

360 ONE Alternates Asset Management Limited has submitted a mandatory disclosure to BSE Limited under SEBI's Substantial Acquisition of Shares and Takeover (SAST) Regulations following the IPO listing of Sedemac Mechatronics Ltd on March 11, 2026. The disclosure, filed on March 13, 2026, relates to the conversion of unlisted shares into listed shares upon the company's public listing.

Shareholding Details

The investment manager maintains its position in Sedemac Mechatronics through two investment schemes, with no change in actual shareholding numbers during the listing process.

Corporate Action Impact

The disclosure was triggered by Sedemac Mechatronics' transition from unlisted to listed status following its IPO completion. The company's shares are now traded on both BSE Limited and NSE Limited exchanges.

Regulatory Compliance

Under SEBI SAST Regulations, any entity holding five percent or more shares must disclose changes exceeding two percent of total shareholding within two working days. Although no actual acquisition or disposal occurred, the conversion from unlisted to listed shares necessitated this regulatory filing.

The disclosure confirms that 360 ONE Alternates Asset Management does not belong to the promoter or promoter group of Sedemac Mechatronics. The filing was signed by Sonali Tendulkar, Authorised Signatory, representing the investment manager in Mumbai.

Market Positioning

The maintained shareholding position indicates 360 ONE Alternates' continued confidence in Sedemac Mechatronics' business prospects as the company enters the public markets. The investment spans across two specialized funds managed by the asset management company, demonstrating diversified exposure within their portfolio strategy.