ReferIndia News Setco Engineering releases 17.5 lakh shares, cuts encumbrance

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Setco Engineering releases 17.5 lakh shares, cuts encumbrance

Published on: July 10, 2026, 2:39 a.m. | Source: scanx.trade

Setco Engineering Private Limited released 17,50,000 equity shares of Setco Automotive Limited on June 30, 2026, reducing its encumbered holding to 5,40,13,845 shares or 40.38%. The release was executed by Vistra ITCL (India) Limited against NCDs issued by Setco Auto Systems Pvt. Ltd., with lenders being India Resurgence Fund schemes managed by India Resurgence Asset Management Business Private Limited.

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