Announced Mon, 6 Jul · 15:56 IST
Setco Automotive: Promoter HUF releases 61,080 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
+9.3%1-day move
₹16.01
prior close
₹15.78
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6—+0.1—+9.3+14.7+20.4+17.7+14.3+11.8————
Up moveDown movePending
AI summary
61,080 equity shares (0.05 percent) of Setco Automotive held by promoter Harish Kiritbhai Sheth HUF were released from pledge on July 3, 2026 by Vistra ITCL. Shares were pledged against NCDs issued by group firm Setco Auto Systems, with India Resurgence Fund as lender. Post-release, the HUF has zero encumbered shares. Other promoter holdings include Setco Engineering at 47.89 percent.
Likely market impact
Minor positive: pledge release reduces encumbrance on promoter shares, though the quantity is very small at 0.05 percent of capital.