Revised disclosure: promoter Setco Engineering releases 3.23 crore pledged shares

Pledge releasedOwnership Changes View source PDF Explain this filing

SETCO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.3%Reaction day

₹18.00

prior close

₹17.36

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-2.9% vs market

On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.7

15m

+0.7

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-3.3-0.4-2.9

Next day

-3.0+0.2-3.2

-0.7-0.1-0.6

-0.6+0.2-0.8

+1.1+0.5+0.6

-1.9-0.4-1.4

-2.8-0.4-2.4

15d

-3.2-2.5-0.7

+3.1+0.3+2.8

-17.6-9.4-8.2

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Setco Engineering Pvt Ltd, a promoter of Setco Automotive, has revised its earlier disclosure under SEBI SAST rules. The revision corrects a clerical error in post-event encumbered shares after releasing a pledge on 3,22,83,970 equity shares (about 24.13 percent) on July 3, 2026. After the release, promoter holding is 47.89 percent with 16.24 percent still encumbered. Shares were pledged against NCDs issued by Setco Auto Systems.

Likely market impact

Positive: pledge release cuts promoter encumbrance to 16.24 percent of capital. Filing is a clerical correction.