
Shareholding6 Jul 2026, 03:57 pm
Setco Automotive: Harish Kiritbhai Sheth HUF Releases 61,080 Shares
AI Summary
Setco Automotive Limited has reported the release of 61,080 equity shares by Vistra ITCL (India) Limited, acting as Debenture Trustee. This action pertains to Harish Kiritbhai Sheth HUF and was executed on July 3, 2026. The release is linked to 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/lenders. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Harish Kiritbhai Sheth HUF had 61,080 shares released.
- The release occurred on July 3, 2026.
- Vistra ITCL (India) Limited acted as the Debenture Trustee.
- The release is related to NCDs issued by a subsidiary.
- India Resurgence Fund is the beneficiary of the release.
Price Impact
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