Sedemac Mechatronics Ltd

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 1,47,000 equity shares. These shares are proposed to be issued 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 after allotment and compliance with all statutory and regulatory requirements. This move facilitates the company's employee incentive program by enabling the listing of shares granted to employees.

Sedemac Mechatronics Ltd received GST Show Cause Notices from the Commercial Taxes Department of Tamil Nadu for FY 2022-23 and 2023-24, totaling ₹2,34,96,553. The notices pertain to short payment of tax under RCM, reversal of output tax on credit notes, and excess input tax credit availed. Sedemac plans to file objections and avail a personal hearing and does not expect a material financial impact.

Sedemac Mechatronics Ltd. has received GST Show Cause Notices from the Commercial Taxes Department of Tamil Nadu for FY 2022-23 and 2023-24, totaling ₹2.35 Cr. The notices, issued under Section 73 of the CGST/SGST Act, 2017, pertain to short payment of tax under RCM, reversal of output tax on credit notes, and excess input tax credit availed. Sedemac plans to file objections and avail a personal hearing, expecting no material financial impact.

Sedemac Mechatronics Ltd. has announced the appointment of M/s. A. J. Paranjape & Co., Cost Accountants, as its Cost Auditor for the financial year 2026-27. The Board of Directors approved this appointment in their meeting held on May 18, 2026, based on the recommendation of the Audit Committee. M/s. A. J. Paranjape & Co., with Firm Registration No. 100480, is a proprietary concern established over 28 years ago, headed by Mr. Amogh Paranjape, an independent practicing Cost Accountant. The firm has a track record of delivering professional services across various sectors. This intimation complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sedemac Mechatronics Ltd has appointed M/s. Nilesh Shah & Associates as its Secretarial Auditor for five consecutive years, commencing from FY 2026-27 until FY 2030-31. The appointment, based on the Audit Committee's recommendation, was approved by the Board of Directors on May 18, 2026, and is subject to shareholder approval at the upcoming Annual General Meeting. This decision complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sedemac Mechatronics Ltd has appointed M/s. Manubhai & Shah LLP, Chartered Accountants, as its Internal Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors on May 18, 2026, based on the recommendation of the Audit Committee. Manubhai & Shah LLP was established in 1975 and has grown into a leading Chartered Accountancy firm in India.

Sedemac Mechatronics Ltd has announced the approval of its audited financial results for the quarter and year ended March 31, 2026, as per SEBI regulations. The Board of Directors approved the results in their meeting held on May 18, 2026. The auditor's report, including an unmodified opinion, is attached to the filing. B S R & Co. LLP served as the auditor.

Sedemac Mechatronics Ltd's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, along with the auditor's report. The meeting, held on May 18, 2026, commenced at 03:00 p.m. and concluded at 04:10 p.m. B S R & Co. LLP served as the auditor, providing an unmodified opinion on the financial results.

Sedemac Mechatronics Ltd has scheduled a Board of Directors meeting on May 18, 2026, to consider and approve the audited financial results (standalone) for the quarter and year ended March 31, 2026. The trading window is closed from April 1, 2026, to May 20, 2026, and will reopen on May 21, 2026, remaining closed until 48 hours after the declaration of the audited financial results.

Sedemac Mechatronics Ltd conducted a Risk Assessment Survey 2026, seeking opinions from institutional investors and analysts on key business risks. The survey, conducted between May 1st and May 8th, 2026, involved 20 participants, including DIIs, FIIs, and pre-IPO investors. Participants assessed 13 risks, providing overall assessments (Low/Medium/High/Have no clue) based on the probability and severity of impact. The company intends to comment on highlighted risks during its investor/earnings call in May 2026.