BSEInsider Trading / SAST23 Jun 2026 · 23 Jun 2026, 10:55 am

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 23, 2026 for Harish Kiritbhai Sheth

Setco Automotive Ltd · 505075

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Promoter Harish Kiritbhai Sheth has reported the release of 2,816,000 equity shares of Setco Automotive Limited, representing 2.11% of the total share capital, by Vistra ITCL (India) Limited – Debenture Trustee on June 18, 2026. These shares were previously encumbered against Non-Convertible Debentures (NCDs) issued by Setco Auto Systems Pvt. Ltd. This event significantly reduces the promoter's total encumbered holding to 81,575 shares or 0.06% of the company's share capital.

Analysis Scores

Earnings Impact5/10
Growth Catalyst4/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment8/10

Full Announcement

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