SEDEMAC MECHATRONICS LIMITED (SEDEMAC)
General Updates
Communication to Proxy Advisor regarding Postal Ballot Special Resolutions
- Company responded to IiAS's 'AGAINST' recommendations on ESOP 2014 and ESOS 2025 ratifications
- Clarified exercise price determination is compliant with applicable laws and governed by NRC discretion
- NRC considers multiple factors including employee retention, performance, and shareholder alignment
- Exercise price ranges from face value to fair market value with flexibility for individual grants
- ESOS 2025 includes performance-linked vesting criteria assessed by NRC
- Company affirmed resolutions comply with law and serve stakeholder interests
- Requested IiAS to revise recommendations based on clarifications
Source: Original filing PDF
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🚨 SEDEMAC — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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The summary above is generated automatically from SEDEMAC MECHATRONICS LIMITED's own
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