The Economic Times

Sedemac Mechatronics block deal: HDFC Life, A91 to offload 10% stake worth Rs 1,329 crore

Sedemac Mechatronics may see a block deal of up to 44.3 lakh shares, representing 10% equity, as investors seek approximately Rs 1,329 crore. The reported Rs 3,000 floor price is below Wednesdays close, with shares subject to a 60-day lock-in.