SEDEMACBSESedemac Mechatronics LtdMinimalNeutral
Announced Mon, 18 May · 18:25 IST

Intimation regarding the appointment of the Secretarial Auditor for five consecutive years commencing from FY 2026-27 till FY 2030-31.

SEDEMAC · price

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Price reaction · full curve 14 horizons · vs prior close
+4.2%1-day move
₹2003.00
prior close
₹2087.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-5.3-5.4-3.0-2.9+4.2-0.7-0.9+2.3+6.5+6.7+27.5+34.8+33.4
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AI summary

Sedemac Mechatronics Ltd has appointed M/s. Nilesh Shah & Associates as its Secretarial Auditors for five consecutive years from FY 2026-27 to FY 2030-31. The Board of Directors approved this appointment on May 18, 2026, based on the recommendation of the Audit Committee. The appointment is subject to approval by shareholders at the company's upcoming Annual General Meeting. Nilesh Shah & Associates is a Peer Reviewed firm of Company Secretaries with over two decades of experience in corporate laws and compliance. This is a routine corporate governance disclosure required under SEBI Listing Regulations.

Likely market impact

This is a standard compliance and governance appointment that has no direct impact on the company's operations or stock price. Shareholders will have the opportunity to approve this appointment at the AGM, which is a routine voting item.