Sedemac Mechatronics shares changed hands in a ₹1,469 crore block deal, 48.79 lakh shares flipped at ₹3,010 each, nudging the stock 1.3% higher to ₹3,075.
The transaction represents roughly 11% of the company’s 4.44 crore shares outstanding, a substantial chunk for a March‑listed firm.
A floor price of ₹3,000 per share—1.2% below Wednesday’s close—was set, yet the market closed higher, reflecting robust buying interest.
CNBC‑TV18 flagged institutional investors A91 Emerging Fund II LLP, Xponentia Capital Partners, Mace Pvt. Ltd., and HDFC Life as likely sellers, each moving up to a 4% stake.
A 60‑day lock‑up applies to any subsequent sales, tightening supply for the next two months and potentially supporting price stability.
With promoters holding 26.23% and public shareholders 73.77%, the block sale could shift ownership dynamics, while the 127% rise from issue price underscores a bullish market sentiment.