Franklin Templeton Global bought 11,075 shares of SEDEMAC Mechatronics Limited for ₹3.33 Cr at ₹3,010.00 apiece in a block deal.
A Pune-based technology company specializing in control electronics for the automotive sector, Sedemac Mechatro designs and manufactures advanced mechatronic solutions for vehicle manufacturers and component suppliers across India. The company focuses on developing embedded systems and electronic control modules that optimize vehicle performance, efficiency, and safety. Established in 2007, it combines mechanical engineering with electronics to deliver precision solutions tailored to automotive industry requirements.
Franklin Templeton is a global investment manager listed in the United States (NYSE: BEN). Its offshore Templeton funds invest in Indian and emerging-market equities through the foreign portfolio investor route.
