SETCONSESetco Automotive LimitedMinimalNeutral
Announced Fri, 29 May · 11:28 IST

Setco Automotive Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

SETCO · price

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▲ 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
+4.0%1-day move
₹27.51
prior close
₹28.06
base price
In-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+4.0-42.1-41.0-39.8-38.6-36.2-36.2-40.1
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AI summary

Setco Automotive Limited has filed annual declarations from its entire promoter group confirming no new share pledges were created during FY 2025-26. Seven promoters collectively holding approximately 59.25% of the company submitted declarations. Major holders include Setco Engineering Pvt. Ltd. (47.89%), Urja Shah (3.20%), Sneha Sheth (2.64%), Harish Sheth (2.17%), Udit Sheth (2.07%), and TransStadia Enterprises Pvt. Ltd. (1.23%). Each declaration confirms no encumbrances were created beyond what was previously disclosed. This is a routine yearly compliance filing required under SEBI regulations.

Likely market impact

The filing is neutral to positive for shareholders. The absence of new promoter pledges reduces risk of potential share dumping in case of margin call defaults. It confirms promoters have not leveraged their holdings further, indicating financial stability within the promoter group.