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ESOP13 Nov 2026, 06:54 pm

Sedemac Mechatronics gets in-principle approval for ESOP share listing

AI Summary

Sedemac Mechatronics Limited has received in-principle approval from both the National Stock Exchange (NSE) and BSE Limited (BSE) for the listing of up to 1,21,500 equity shares. These shares are proposed to be allotted under the SEDEMAC Employee Stock Option Plan 2014. The approval is subject to the company fulfilling various listing conditions, including timely notification to the exchange, compliance with statutory and regulatory requirements, and submission of necessary documentation. The exchanges reserve the right to withdraw approval if information is found to be incomplete, incorrect, or misleading.

Key Highlights

  • In-principle approval received from NSE and BSE for ESOP share listing.
  • Up to 1,21,500 equity shares to be listed under SEDEMAC Employee Stock Option Plan 2014.
  • Listing is conditional upon fulfillment of regulatory and documentation requirements.
  • Approvals are subject to ongoing compliance with SEBI LODR and other applicable laws.