BSEInsider Trading / SAST22 Jun 2026 · 22 Jun 2026, 10:37 am

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 21, 2026 for Udit Harish Sheth

Setco Automotive Ltd · 505075

✦ AI Summary▲ PositivePledge

Udit Harish Sheth, a promoter of Setco Automotive Ltd, disclosed the release of encumbrance on 5,82,863 equity shares of the company on June 18, 2026. These shares, constituting 0.44% of the total share capital, were previously pledged against Non-Convertible Debentures issued by Setco Auto Systems Pvt. Ltd. to India Resurgence Fund. Following this release, the promoter's encumbered shareholding in Setco Automotive Ltd has decreased from 2.07% to 1.63% of the total share capital.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment7/10

Full Announcement

Setco Automotive Ltd - 505075 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.