Sector: Auto Components - Automobile and Auto Components
BSE Code: 505075
NSE Symbol: SETCO
ISIN: INE878E01021
Setco Automotive Confirms It Does Not Qualify as a Large Corporate 📋 • Setco Automotive does not qualify as a Large Corporate under SEBI Circular dated November 26, 2018 • The company is exempt from debt securities fundraising requirements for Large Corporates • Official communication has been se…
Setco Automotive's Gujarat Unit Closure Revoked 🏭✅ - Closure direction for SASPL unit in Kalol, Gujarat revoked on April 16, 2026. - Original closure was issued on March 10, 2026. - Revocation is valid for three months with compliance conditions. - Corrective actions implemented; company commits …
📊 Setco Automotive Ltd: Promoter Shareholding Update (FY March 31, 2026) - Udit Sheth holds 2,762,863 shares (2.07%) - Harish Sheth holds 2,897,575 shares (2.17%) - Sneha Sheth holds 3,537,400 shares (2.64%) - Urja Shah holds 4,284,725 shares (3.20%) - Harish Sheth HUF holds 61,080 shares (0.05%)…
Setco Automotive Announces Major Restructuring & Sale 🏭 - Setco Automotive will hold an EGM on April 25, 2026, at 2:00 PM IST in Kalol, Gujarat. - The company plans to sell its entire stake in SASPL, a material subsidiary, to RSB Transmissions (I) Limited. - Initial sale includes 447,847 equity s…
Setco Auto Subsidiary Approves ₹125.1 Crore Waiver on NCDs 💰 • Approved waiver of ₹67.0 lakh Additional Redemption Premium for FY 2025-26 • Breakdown: ₹15.6 lakh to India Resurgence Fund - Scheme 1 and ₹51.4 lakh to Scheme 2 • Waiver of accrued Investor IRR at 18% per annum on unlisted NCDs total…
Setco Automotive Issues Correction on Investor IRR Waiver Amount 📊 - Setco Automotive issued a corrigendum for its material subsidiary, Setco Auto Systems Private Limited (SASPL) - Corrected waived Investor IRR amount for FY 2025-26 is ₹66.46 crore - Previously stated amount was ₹75.50 crore - In…
Setco Automotive Sells 41% Stake in Subsidiary for ₹185 Crores 💼 • Sold 41% stake in subsidiary SASPL to RSB Transmissions for approximately ₹185 Crores • Potential deferred payments up to ₹71 Crores based on EBITDA performance milestones • Remaining 24% stake in SASPL to be sold by FY2027-28 for…
Setco Auto Subsidiary Approves ₹75.50 Crore Investor IRR Waiver 📉 • Setco Auto Systems Private Limited (SASPL) approved waiver of accrued Investor IRR at 18% per annum • Waiver amount is ₹75.50 crore for Financial Year 2025–26 • Applies to listed Non-Convertible Debentures issued under Debenture …
Setco Automotive Acquires Full Ownership of Lava Cast Private Limited 🔄 - Setco Automotive Limited's Board of Directors approved the acquisition of additional shares in Lava Cast Private Limited (LCPL), making it a wholly owned subsidiary. - Acquired 1,34,60,000 equity shares (10.31% stake) from …
Setco Auto Extends NCD Maturity Date 📅 - Setco Auto Systems Private Limited (SASPL) has extended the maturity date of its Non-Convertible Debentures (NCDs). - The maturity date has been moved from March 31, 2026 to May 31, 2026. - The extension was approved by the Board of Directors via circular …
⚠️ Setco Automotive Unit Ordered to Close by Gujarat Pollution Control Board • Gujarat Pollution Control Board issued closure direction on March 10, 2026 • Manufacturing unit at Baroda-Godhra Highway, Kalol ordered to shut down • Electricity supply to be disconnected (except single phase) • Wastew…
Setco Auto Systems Receives BSE Approval to Extend Debenture Maturity 📅 • Setco Auto Systems Private Limited (subsidiary of Setco Automotive Limited) received In-Principle Approval from BSE Limited on March 09, 2026. • Approval allows modification of maturity date for its senior, listed, rated, s…
📅 Setco Automotive Q3 & 9M Results: Key Dates & Trading Window Update - Board meeting scheduled for February 13, 2026 to approve Unaudited Standalone and Consolidated financial results for Q3 and nine months ended December 31, 2025. - Trading window closed from January 01, 2026 until 48 hours aft…
Setco Auto’s Debenture Maturity Extended 🚗💼 - Setco Auto Systems (subsidiary of Setco Automotive) secured in-principle BSE approval to modify debenture terms. - Maturity date shifted from December 1, 2025, to January 31, 2026. - Debentures remain senior, listed, secured, and non-convertible.
⚠️ Setco Automotive Receives Warning Letters from BSE & NSE Over Compliance Lapse - Setco Automotive received warning letters from BSE (Jan 06, 2026) and NSE (Jan 07, 2026) for non-compliance with SEBI LODR Regulations. - The issue relates to not holding a meeting of the Nomination and Remuneratio…
Setco Auto Wins Dual Honors at Asian Brand & Leadership Conclave 2025 🏆🚛 - Setco Auto Systems Pvt. Ltd. won two awards at the Asian Brand and Leadership Conclave 2025: 'Asia's Leading Brand 2025' and 'Asia's Most Trusted Brand 2025' in the Automotive Manufacturing category. - Awards were assesse…
Setco Automotive Q2 FY26 Results: Standalone Profit, Consolidated Loss Narrows 📊 - Standalone profit at ₹19L in Q2 (down from ₹99L in Q1) - Consolidated loss improves to ₹41.3Cr from ₹43.76Cr last quarter - Standalone revenue: ₹52L total (₹24L operations + ₹28L other income) - Consolidated revenu…
Setco Automotive’s Subsidiary Account Upgraded to ‘Standard’ Status 📈 - Setco Automotive’s subsidiary, Lava Cast Pvt. Ltd., has its Bank of Baroda account upgraded to 'Standard' category. - The upgrade is effective from October 13, 2025. - The change follows satisfactory account conduct after res…
📉 Setco Auto’s Credit Rating Downgraded by ICRA – Key Details - ICRA downgraded Setco Auto’s Long-term Non-convertible Debentures (₹215 crore) from [ICRA] B-(Stable) to [ICRA] D. - Another Long-term Non-convertible Debenture (₹350 crore) also downgraded from [ICRA] B-(Stable) to [ICRA] D. - Propo…
Setco Automotive Reports Steady Growth & Expansion Plans 🚛📈 - Revenue from Operations in Q1 FY26: ₹178.8 crore (+7.8% YoY) - EBITDA for Q1 FY26: ₹21.6 crore (+11.9% YoY) - Annual Revenue FY25: ₹718.6 crore (+12.2% YoY) - EBITDA FY25: ₹109.2 crore (+50.7% YoY) - Commands ~65% market share in Indi…