Announced Tue, 25 Aug · 10:17 IST
Revised disclosure: promoter Setco Engineering releases 3.23 crore pledged shares
SETCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹18.00
prior close
₹17.36
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.7+0.7+0.7-3.0-0.7-0.6+1.1-1.9-2.8-3.2———
Up moveDown movePending
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.