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 company’s Employee Stock Option Plan 2014. The approvals are conditional upon SEDEMAC Mechatronics fulfilling specific regulatory and listing requirements outlined by SEBI and the exchanges.
SEDEMAC Mechatronics Secures Key Listing Approvals
SEDEMAC Mechatronics Limited announced on November 13, 2026, that it has obtained in-principle approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) for the listing of its equity shares. This approval is for a maximum of 1,21,500 equity shares, each with a face value of Rs. 10, which are intended to be allotted under the SEDEMAC Employee Stock Option Plan 2014.
Conditional Approval from Exchanges
The in-principle approval from the NSE was granted via letter Ref. No. NSE/LIST/57524, dated November 13, 2026. Similarly, BSE provided its approval through letter Ref. No. DCS/ESOP/IP/RD/331/2026-27, also dated November 13, 2026. These approvals are subject to SEDEMAC Mechatronics fulfilling a series of conditions stipulated by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the respective exchanges.
Key Listing Requirements
The conditions for listing include timely notification to the exchanges after share allotment, receipt of statutory approvals, and adherence to all guidelines and regulations set forth by statutory authorities and the exchanges. SEDEMAC Mechatronics must also comply with the Companies Act, 1956/2013, and any other applicable laws. The exchanges reserve the right to withdraw this in-principle approval if any submitted information is found to be incorrect or misleading.
Source: BSE