Global EconomyEconomic Times1 min read9/24/2026 (3h ago)

Sedemac Mechatronics block deal: HDFC Life, A91 to offload 10% stake worth Rs 1,329 crore

Sedemac Mechatronics block deal: HDFC Life, A91 to offload 10% stake worth Rs 1,329 crore
60-Word AI Digest

Sedemac Mechatronics may see a block deal of up to 44.3 lakh shares, representing 10% equity, as investors seek approximately Rs 1,329 crore. The reported Rs 3,000 floor price is below Wednesday’s close, with shares subject to a 60-day lock-in.

Key Takeaways

  • Sedemac Mechatronics may see a block deal of up to 44.3 lakh shares, representing 10% equity, as investors seek approximately Rs 1,329 crore.
  • The reported Rs 3,000 floor price is below Wednesday’s close, with shares subject to a 60-day lock-in.
  • Full details and original dispatch available below.

Sedemac Mechatronics may see a block deal of up to 44.3 lakh shares, representing 10% equity, as investors seek approximately Rs 1,329 crore. The reported Rs 3,000 floor price is below Wednesday’s close, with shares subject to a 60-day lock-in.

Original Publisher Attribution

This summary was curated from Economic Times.

Read Original on Economic Times
Sedemac Mechatronics block deal: HDFC Life, A91 to offload 10% stake worth Rs 1,329 crore — Loop60