Setco Automotive: 154,900 Shares Released by Trustee

Setco Automotive Limited has announced the release of 154,900 equity shares, each with a face value of Rs. 2, by Vistra ITCL (India) Limited, the Debenture Trustee. This action, reported on July 6, 2026, pertains to an encumbrance release that occurred on July 3, 2026. The release is associated with Non-Convertible Debentures (NCDs) issued by Setco Auto Systems Pvt. Ltd. The shares were released in favor of India Resurgence Fund - Scheme 1 and India Resurgence Fund - Scheme 2, managed by India Resurgence Asset Management Business Private Limited, who are the NCD holders/lender. This event impacts the shareholding of Sneha Harish Sheth, a promoter, by reducing the encumbered portion of her holdings.