Disclosure under SEBI Takeover Regulations

July 1, 2026 BSE Limited, National Stock Exchange of India Ltd, Dept. of Corporate Services, Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400051 Mumbai – 400 001 Dear Sir, Sub.: Reg 31(1) & 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Pursuant to Regulations 31(1) & 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, 17,50,000 Equity Shares of Rs. 2/- each of Setco Automotive Limited are released by Vistra ITCL (India) Limited – Debenture Trustee on June 30, 2026. We have enclosed the details in the prescribed format. We request you to take note of the above on your records and oblige. Thanking you, Yours faithfully, For Setco Engineering Private Limited Udit Sheth Director DIN: 00187221 Encl.: a/a Annexure – 1 Format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/ release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company(TC) Setco Automotive Limited Names of the Stock Exchanges where the shares of the target company are listed Bombay Stock Exchange & National Stock Exchange of India Date of reporting July 1, 2026 Name of the promoter or PAC on whose shares encumbrance has been Setco Engineering Private Limited created/released/invoked Details of the creation of encumbrance: Name of the Promoter holding Promoter holding Details of events pertaining to encumbrance (3) Post event promoter (s) or in the already holding of PACs with him* target company (1) encumbered (2) encumbered [as on date of shares {creation pledge] [(2)+(3)] / release [(2)-(3)] / invocation Number % of Number % of Type of Date of Type of Reasons Number % of Name of Number % of total total event creation/ encumbrance for total the entity in Total share share (creation invocation/ (pledge/ lien/ encumbra share whose share capit capital / release / release of non disposal nce capit favor shares capit al invocatio encumbrance undertaking ** al encumbered al n) /others) *** Setco Engineering 64063845 47.89 55763845 41.69 Release 30-06-2026 Release Release of 1750000 1.31 India Resurgence 5,40,13,845 40.38 Private Limited Shares Fund - Scheme 1 against and India NCDs Resurgence Fund - issued by Scheme 2, Setco Auto managed by India Systems Resurgence Asset Pvt. Ltd. Management Business Private Limited – NCDs Holders/Lender Vistra ITCL (India) Limited – Debenture Trustee Urja Harshal Shah 42,84,725 3.20 - - - - - - - - - - - Name of the promoter Promoter holding in Promoter holding Details of events pertaining to encumbrance (3) Post event (s) or the already holding of PACs with him* target company (1) encumbered (2) encumbered shares {creation [(2)+(3)] / release [(2)-(3)] / invocation Number % of Number % of Type of Date of Type of Reasons for Number % of Name of Number % of total total event creation/ encumb encumbrance total the entity Total share share (creation invocation rance ** share in share capital capital / release / release of (pledge capit whose capital invocatio encumbrance / lien/ al favor n) non shares disposal encumbere underta d king *** /others) Sneha Harish Sheth 35,37,400 2.64 - - - - - - - - - - - Harish Kiritbhai Sheth 28,97,575 2.17 - - - - - - - - - - - Harish Kiritbhai Sheth 61,080 0.05 - - - - - - - - - - - Udit Harish Sheth 27,62,863 2.07 - - - - - - - - - - - TransStadia Enterprises 16,50,000 1.23 - - - - - - - - - - - Private Limited Authorized Signatory Place: Mumbai Date: July 1, 2026 *The names of all the promoters, their shareholding in the target company and their pledged shareholding as on the reporting date should appear in the table irrespective of whether they are reporting on the date of event or not. ** For example, for the purpose of collateral for loans taken by the company, personal borrowing, third party pledge, etc. ***This would include name of both the lender and the trustee who may hold shares directly or on behalf of the lender.