
Shareholding7 Jul 2026, 10:32 am
Setco Automotive: Promoter Encumbrance Release of 50,000 Shares
AI Summary
Setco Automotive Ltd has disclosed the release of 50,000 equity shares from encumbrance by Vistra ITCL (India) Limited – Debenture Trustee on July 3, 2026. This action pertains to Setco Engineering Private Limited, a promoter, and is related to the release of shares against Non-Convertible Debentures (NCDs) issued by Setco Auto Systems Pvt. Ltd. The release impacts a small fraction of the promoter's holding, reducing the encumbered shares by 0.04% of the total share capital. The total promoter holding remains significant at 47.89%.
Key Highlights
- 50,000 Setco Automotive shares released from encumbrance.
- Release by Vistra ITCL (India) Ltd, Debenture Trustee.
- Event relates to NCDs issued by Setco Auto Systems Pvt. Ltd.
- Promoter Setco Engineering Pvt Ltd involved in the transaction.
- Encumbrance reduced by 0.04% of total share capital.
Price Impact
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