SEDEMAC Mechatronics Limited has received in-principle approval from both National Stock Exchange of India Limited (NSE) and BSE Limited for the listing of up to a maximum of 1,21,500 equity shares of face value of ₹10 each. These shares are proposed to be allotted under the company's SEDEMAC Employee Stock Option Plan 2014.

Approval Details

  • NSE Approval: Received via letter Ref. No. NSE/LIST/57524 dated November 13, 2026
  • BSE Approval: Received via letter Ref. No. DCS/ESOP/IP/RD/331/2026-27 dated November 13, 2026

Conditions for Listing (NSE)

The in-principle approval is subject to fulfillment of the following conditions:

1. Notification to the Exchange as per Regulation 10(c) together with listing application only after allotment of securities and credit to beneficiaries' accounts or dispatch of share certificates

2. Receipt of statutory and other approvals including from SEBI, RBI, MCA, etc.

3. Compliance with all guidelines, regulations, and directions of the Exchange or any statutory authorities

4. Compliance of all conditions of SEBI (LODR) Regulations, 2015 as on date of listing

5. Compliance to the Companies Act, 1956, Companies Act, 2013 and other applicable laws

6. Submission of documents as per the enclosed checklist

Conditions for Listing (BSE)

The BSE approval includes similar conditions with additional requirements:

1. Payment of fees as may be prescribed from time to time

2. Compliance of all conditions of Listing Agreement as on date of Listing

3. Submission of documents as per checklist available on BSE website

Required Documentation

Both exchanges require submission of:

  • Certified true copy of statement under Regulation 10(c)
  • NSDL/CDSL credit confirmation or dispatch of physical certificate confirmation by R&T agent
  • Certified true copy of Board resolution of allotment of shares
  • List of allottees with names and number of shares allotted
  • Details of employees granted options/shares in excess of 1% of share capital (ESOPs) or 5% (ESPS)
  • Confirmation regarding whether any Directors have been issued shares pursuant to ESOP/ESPS

Important Notes

Both exchanges reserve the right to withdraw in-principle approval if submitted information is found to be incomplete/incorrect/misleading/false or in contravention of any rules, regulations, or guidelines. The approval letters do not constitute approval under any other Act/Regulation/rule/bye laws, and the company must separately obtain approvals from other departments if required.