Setco Automotive Limited — Others, 09-04-2025: Disclosure under SEBI Takeover Regulations

Setco Automotive Limited's promoters have disclosed that they have not made any encumbrance on their shares for the financial year ended March 2025. Udit Sheth holds 27,62,863 shares (2.07%), Harish Sheth holds 28,97,575 shares (2.17%), Sneha Sheth holds 35,37,400 shares (2.64%), and Urja Shah holds 42,84,725 shares (3.20%). Additionally, Setco Engineering Pvt. Ltd. holds a significant 6,40,63,845 shares (47.89%). This clarity on share encumbrance could enhance investor confidence, signaling stability and an absence of immediate financial distress among the promoters, positively influencing sentiment towards the stock.