SEDEMAC Mechatronics Limited
SBI Mutual Fund decreased its stake in SEDEMAC Mechatronics Limited from 3.50% to 2.87%, selling 277,002 shares. The value of the sold shares is approximately ₹75.21 crore at ₹2712.30 apiece.
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.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.