This is a regulatory disclosure filed by SEDEMAC Mechatronics Limited with BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure provides an update on a search operation initiated by the Goods and Service Tax (GST) Department. The company had previously intimated the exchanges about this event on September 08, 2026.
Nature of the Event
The Maharashtra State GST Department conducted a search under Section 67 of the Maharashtra Goods and Services Tax Act, 2017. The authority involved is the Commissioner of State Tax, Maharashtra State, Mumbai.
Timeline of the Action
The letter authorizing the inspection/search was presented to company officials by Maharashtra State GST officials on September 08, 2026.
The search operation commenced on September 08, 2026, at 12:00 noon (IST).
The search operation concluded in the late evening on September 11, 2026.
Company's Response and Cooperation
The company states it extended its fullest cooperation to the officials.
All information, documents, and necessary clarifications requested by the GST Department during the search proceedings were provided.
Alleged Violations
The disclosure states that all necessary information was provided but does not specify any particular violations or contraventions alleged by the authority.
Financial and Operational Impact
The company explicitly states: "There is no material impact on the financials, business operations or any other activities of the Company due to the aforesaid search proceedings."
The company also emphasizes that its business operations and financial position remained unaffected and continued as usual during the process.
Future Disclosures
The company commits to making necessary disclosures in accordance with regulatory provisions if any material update requires intimation under the Listing Regulations.