The shareholding pattern on 31-12-2014 showsSetco Engineering Pvt Ltdholds 38.82+11.89=50.71% shares.
See
http://www.bseindia.com/corporates/shpPromoters_60.aspx?scripcd=505075&qtrid=84&CompName=SETCO%20AUTOMOTIVE%20LTD%20&QtrName=December%202014
