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Intimation Under Reg. 30 Of The SEBI (LODR) Regulations, 2015 Regarding To Change In Status (Holding - Subsidiary Relationship)

| Updated on March 27, 2018 Published on March 27, 2018

In respect to change in the status of the Company, we have to inform as follows:

1. Setco Automotive Limited was a Subsidiary Company of Setco Engineering Private Limited.

2. Setco Engineering Private Limited was holding 6,77,13,845 shares of Setco Automotive Limited (50.69%).

3. Setco Engineering Private Limited has divested 16,00,000 shares representing 1.20% through inter-se transfer among the promoters.

4. The holding of Setco Engineering Private Limited has been reduced to 6,61,13,845 shares representing 49.49%.

5. Now, Setco Engineering Private Limited is holding less than 50% of the equity share capital of Setco Automotive Limited and as per Section 2 (87) of the Companies Act, 2013, the Company ceased to be Subsidiary Company of Setco Engineering Private Limited and Setco Engineering Private Limited ceased to be the Holding Company of Setco Automotive Limted.

We request you to take note of the above on your record and oblige.

Pdf Link: Intimation Under Reg. 30 Of The SEBI (LODR) Regulations, 2015 Regarding To Change In Status (Holding - Subsidiary Relationship)

Source : BSE - www.bseindia.com

Published on March 27, 2018
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