Disclosure under Regulation 31(4) & (5) of SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011
SETCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Seven promoters of Setco Automotive Ltd filed annual declarations for FY 2025-26 under SEBI regulations. The promoters include Udit Sheth (2.07%), Harish Sheth (2.17%), Sneha Sheth (2.64%), Urja Shah (3.20%), Harish Sheth HUF (0.05%), Setco Engineering Pvt. Ltd. (47.89%), and TransStadia Enterprises Pvt. Ltd. (1.23%). Combined promoter holding stands at approximately 59.25%. Each declaration confirms no new encumbrances (pledges) were created during the year, other than those previously disclosed. This is a routine annual compliance filing to confirm promoter shareholding and pledge status.
No new pledge activity is positive news for investors as it indicates promoters have not leveraged their shares further. The combined promoter holding of ~59.25% remains well above the 50% threshold, indicating stable control structure.