VERIFIEDET Stocks·23 Sept 2026neutral

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

AI Summary

·Sedemac Mechatronics may see a block deal of up to 44.3 lakh shares, representing 10% equity.
·Investors are seeking approximately Rs 1,329 crore from the block deal.
·The reported Rs 3,000 floor price is below Wednesday’s closing price, and shares will be subject to a 60-day lock-in.