Description
NSE revises lock-in details for SEDEMAC Mechatronics Limited (IPO) following a company request to release inadvertent lock-in on 26,91,150 equity shares prior to the IPO.
Summary
NSE has issued a modification to the lock-in details of equity shares of SEDEMAC Mechatronics Limited (NSE: SEDEMAC, ISIN: INE00XB01019), which was listed on March 11, 2026. The company requested release of lock-in on 26,91,150 equity shares that were inadvertently locked in prior to the IPO. The revised Distinctive Number Range (DNR) and lock-in schedule are provided in Annexure I of this circular.
Key Points
- Original listing circular: NSE/CML/73229 dated March 10, 2026
- This circular (NSE/CML/73248) amends only the DNR and lock-in details; all other terms remain unchanged
- 26,91,150 equity shares inadvertently locked in before the IPO are to be released
- Revised lock-in schedule covers shares across multiple tranches with varying lock-in expiry dates
- Symbol: SEDEMAC | ISIN: INE00XB01019
Regulatory Changes
The lock-in details originally published in NSE/CML/73229 are superseded by the revised Annexure I in this circular. The revised DNR and lock-in schedule are as follows:
| No. of Equity Shares | Distinctive No. From | Distinctive No. To | Lock-in Upto |
|---|---|---|---|
| 11,163 | 1 | 11,163 | April 7, 2026 |
| 3 | 11,164 | 11,166 | September 9, 2026 |
| 11,94,032 | 11,167 | 12,05,198 | April 7, 2026 |
| 12,05,206 | 12,05,199 | 24,10,404 | June 6, 2026 |
| 56,32,899 | 24,10,405 | 80,43,303 | Free |
| 2,70,945 | 80,43,304 | 83,14,248 | Free |
| 97,71,300 | 83,14,249 | 1,80,85,548 | Free |
| 25,500 | 1,80,85,549 | 1,81,11,048 | March 12, 2026 |
| 15,88,650 | 1,81,11,049 | 1,96,99,698 | Free |
| 11,02,500 | 1,96,99,699 | 2,08,02,198 | Free |
| 1,39,47,202 | 2,08,02,199 | 3,47,49,400 | September 9, 2026 |
| 88,49,600 | 3,47,49,401 | 4,35,99,000 | September 9, 2027 |
| 5,62,500 | 4,35,99,001 | 4,41,61,500 | Free |
Compliance Requirements
- All NSE members are informed to take note of the revised lock-in and DNR details for SEDEMAC Mechatronics Limited
- The original circular NSE/CML/73229 remains valid in all other respects; only the DNR and lock-in schedule are updated
Important Dates
- Listing effective date: March 11, 2026
- This circular date: March 12, 2026
- Lock-in expiry dates range from March 12, 2026 through September 9, 2027; a significant portion of shares are designated as Free (no lock-in)
Impact Assessment
This is a corrective administrative circular with moderate impact. The release of 26,91,150 inadvertently locked shares increases the free float available for trading sooner than originally communicated. Investors and members holding or tracking SEDEMAC shares should refer to the updated lock-in schedule to understand the revised timeline for share availability. The change does not affect IPO pricing, allotment, or other listing fundamentals.
Impact Justification
Corrective amendment releasing inadvertently locked shares in SEDEMAC Mechatronics IPO; affects lock-in structure for specific shareholders but does not change the broader listing terms.