Our Company was incorporated as ÂSEDEMAC Mechatronics Private Limited as a private limited company under the Companies Act, 1956, pursuant to the certificate of incorporation dated July 18, 2007, issued by the Registrar of Companies. Further, our Company was converted into a public limited company pursuant to a resolution passed by our Board of Directors in their meeting held on April 29, 2024 and by our Shareholders pursuant to their resolution passed in an Extraordinary General Meeting held on June 7, 2024, upon which the name of our Company was changed to ÂSEDEMAC Mechatronics Limited and a fresh certificate of incorporation dated September 2, 2024 pursuant to such change of name was issued by the Registrar of Companies, Central Processing Centre. Major Events and Milestones: 2007 - Incorporation of our Company 2010 - First production shipment of electronic governors 2012 - Launch of smart ignition technology 2014 - Launch of first genset controller with integrated electronic governing - First demonstration of ISG (Integrated Starter Generator) for 2/3 Ws 2015 - Commissioned a factory at Chakan for high-volume ECU production 2016 - Cumulative Smart Ignition software of 5 million vehicles mark - Acquisition of Messrs Auto Electronics on slump sale basis 2017 - Cumulative Smart Ignition software of 10 million vehicles mark 2018 - Launch of sensor-less ISG for 2/3Ws - Launch of Genset EFI ECU in the US market 2020 - Cumulative ISG sale crossed 1 million mark 2021 - Commissioned a R&D center at Baner 2022 - Cumulative number of gensets addressed through our Company products cross 500,000 - Launch of EFI (Electronic Fuel Injection) ECU Sales to the India 2/3W market - Started export of e-bike motor controller to France 2024 - ISG+EFI Integrated ECU Launched - Cumulative ISG Sale crossed 5 million mark - Cumulative number of gensets addressed through our Company products cross 1 million 2025 - Launch of motor controller for electric two-wheeler 2026 - Cumulative ISG, ISG+EFI and EFI ECU Sale crossed 10 million mark |
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