Auto components firm Sedemac Mechatronics is set to raise ₹1,087.5 crore via an offer for sale, with its promoter stake slightly decreasing. The company, specializing in electronic control units, has shown strong revenue and profit growth. However, significant customer concentration, with nearly 75% of revenue from TVS Motor Company, presents a key risk for investors.
‘India more diversified:’ Sebi chief Tuhin Kanta Pandey comments on Taiwan’s market ascent
SEBI chief Tuhin Kanta Pandey emphasized India remains a diversified market despite Taiwan overtaking its market value. Driven by TSMC and the AI boom, Taiwan’s