SEDEMAC Mechatronics Limited
Aditya Birla Sun Life Mutual Fund increased its stake in SEDEMAC Mechatronics from 1.74% to 2.06%, acquiring 140,895 shares. The value of the additional shares is ₹38.25 crore, calculated at a share price of ₹2712.30.
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.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.