Smart Money Alert

Mercury Ev-Tech Limited

Newly DisclosedQuarterly

531357Passenger Cars & Utility VehiclesMarket Cap₹695 Cr

Disclosed stake

1.05%

Holding

20.00 L shares

As of

Sept 2026

Since alertTracking starts after next market close

Setu

AIF

The move

Setu now holds 20,00,000 shares or 1.05% of Mercury Ev-Tech Limited, up from under 1% in the prior filing.

About Mercury Ev-Tech Limited

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A manufacturer and trader of electronic vehicles and renewable energy products, Mercury EV-Tech operates in India's automotive and clean energy sectors. Incorporated in 1986, the company designs, manufactures, and distributes electric vehicles alongside complementary renewable energy offerings and related products. Its distinctive approach integrates vehicle manufacturing with renewable energy solutions, positioning the company as a comprehensive player in India's transition toward sustainable transportation and cleaner energy alternatives for consumers and businesses.

About Setu

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(Setu AIF Trust) managed by Bengaluru-based Mountain Managers Pvt Ltd with Catalyst Trusteeship as trustee. Multi-sector India fund including listed-equity investments.

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More moves in Mercury Ev-Tech Limited

M/s. Shree Saibaba Exim Private LimitedDecreased

Promoter group entity Shree Saibaba Exim Private Limited sold 20 lakh shares of Mercury Ev-Tech through the open market. This transaction reduced its stake from 19.87% to 18.82%.

10 Sept 2026