Setco Automotive delays audited financial results for FY26

0 min read     Updated on 02 Jun 2026, 02:39 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Setco Automotive Limited has informed the exchanges about a delay in submitting its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The delay is attributed to additional time needed for finalizing financial statements, completing audit procedures, and incorporating financial adjustments. The company confirmed the delay was not intentional and is committed to submitting the results immediately upon completion.

powered bylight_fuzz_icon
41848112

*this image is generated using AI for illustrative purposes only.

Setco Automotive Limited has informed the stock exchanges regarding a delay in the submission of its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company stated that the postponement is due to the additional time required for the finalization and review of financial statements. This includes the completion of audit and limited review procedures, as well as the incorporation of specific financial adjustments to ensure accuracy and compliance with applicable accounting standards and regulatory requirements.

The company emphasized that the delay was neither intentional nor deliberate. Management has assured that all necessary steps are being taken to complete the process at the earliest possible time. The financial results will be submitted immediately upon the conclusion of these procedures.

Key Details Information
Reporting Period Quarter and Year ended March 31, 2026
Reason for Delay Finalization and review of financial statements, audit procedures, and financial adjustments
Regulatory Reference Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Next Steps Submission of results immediately upon completion

Historical Stock Returns for Setco Automotive

1 Day5 Days1 Month6 Months1 Year5 Years
-44.34%-39.80%-41.86%+0.57%-17.46%-20.15%

How might this delay impact investor confidence and the stock's liquidity in the short term?

What specific financial adjustments are being finalized that require additional audit scrutiny?

Is there a risk of regulatory penalties from SEBI for missing the filing deadline?

Setco Automotive promoters declare no encumbrance on shares for FY26

1 min read     Updated on 30 May 2026, 03:17 PM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Setco Automotive Limited's promoters, including Setco Engineering Pvt. Ltd. and individual family members, declared no fresh encumbrance on shares for FY26. The disclosures were made to exchanges on April 6, 2026, complying with SEBI regulations.

powered bylight_fuzz_icon
41680007

*this image is generated using AI for illustrative purposes only.

Setco Automotive Limited and its promoters have disclosed that no fresh encumbrance has been created on the company's shares during the financial year ended March 31, 2026. The declarations, submitted to the stock exchanges on April 6, 2026, confirm that the promoters and persons acting in concert have not pledged any shares directly or indirectly, other than those previously disclosed.

The filings were made in compliance with Regulation 31(4) and 31(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company's Company Secretary, Hiren Vala, submitted the cover letter to BSE Limited and National Stock Exchange of India Ltd.

Promoter Shareholdings

The disclosures detail the shareholding of individual promoters and promoter group entities. Setco Engineering Pvt. Ltd. holds the largest stake among the promoters, while individual family members hold smaller percentages.

Promoter Name Shares Held Percentage Holding
Setco Engineering Pvt. Ltd. 6,40,63,845 47.89%
Urja Shah 42,84,725 3.20%
Sneha Sheth 35,37,400 2.64%
Harish Sheth 28,97,575 2.17%
Udit Sheth 27,62,863 2.07%
TransStadia Enterprises Pvt. Ltd. 16,50,000 1.23%
Harish Sheth HUF 61,080 0.05%

Key Declarations

Udit Sheth, Promoter & Director, declared holding 27,62,863 shares, representing 2.07% of the paid-up capital. Harish Sheth, serving as Promoter and Chairman & Managing Director, holds 28,97,575 shares or 2.17%. Sneha Sheth and Urja Sheth, both Promoters & Directors, hold 2.64% and 3.20% respectively.

Among the corporate entities, Setco Engineering Pvt. Ltd. declared a holding of 6,40,63,845 shares (47.89%). TransStadia Enterprises Pvt. Ltd., formerly known as TransStadia Capital Pvt. Ltd., holds 16,50,000 shares (1.23%). Harish Sheth HUF, through its Karta Harish Sheth, declared a holding of 61,080 shares (0.05%).

Historical Stock Returns for Setco Automotive

1 Day5 Days1 Month6 Months1 Year5 Years
-44.34%-39.80%-41.86%+0.57%-17.46%-20.15%

How might the absence of fresh share encumbrances impact investor confidence and the stock's liquidity in the upcoming quarters?

What strategic initiatives could Setco Automotive pursue given the stable promoter holding and lack of pledged shares?

Could this disclosure signal potential expansion plans or acquisitions by the company in the near future?

More News on Setco Automotive

1 Year Returns:-17.46%