Setco Automotive Share Price Today

Setco Automotive discloses voting results of 43rd AGM held on Sep 30

All five resolutions at Setco Automotive's 43rd AGM passed with requisite majority. Audited FY26 standalone and consolidated financial statements adopted by shareholders. Reappointments approved for Harish Kiritbhai Sheth, Udit Harish Sheth, and Urja Harshal Shah. Voting results disclosed pursuant to Regulation 44 of SEBI Listing Regulations.

Setco Automotive fixes record date for 43rd AGM on Sep 30

Setco Automotive schedules its 43rd AGM for September 30, 2026. Register of members closes from September 24 to September 30, 2026. Board approved the dates during a meeting on September 4, 2026. Shareholders must be on record during the closure period to vote.

Setco Automotive receives qualified audit opinion on FY26 consolidated accounts

Statutory auditors issued a qualified opinion on FY26 consolidated financials due to IFRS 10 non-compliance for UK subsidiary. Management states no financial impact from the qualification; figures remain unchanged. Consolidated revenue stood at ₹81,674 lakh with a net loss of ₹4.28 lakh. Negative net worth of ₹70,817 lakh reflects liabilities exceeding assets significantly. This is the first occurrence of this specific audit qualification.

Setco Automotive Q4FY26 Results: Consolidated loss narrows 97% YoY

Consolidated net loss narrowed 97% YoY to ₹428 lakh in FY26. Revenue grew 12% to ₹80,493 lakh, with Q4 revenue up 19% YoY. Standalone profit turned positive at ₹8,507 lakh due to ₹8,290 lakh exceptional reversal. Consolidated equity remains negative at ₹73,492 lakh amid debt reduction. Board re-appointed key directors including Harish Sheth and Udit Sheth.

Setco Automotive corrects pledge release disclosure for 32.3M shares

Setco Automotive corrects a clerical error in its July 2026 pledge release disclosure. The revision pertains to the release of 32,283,970 shares by promoter Setco Engineering. Post-event encumbered shares for Setco Engineering stand at 21,729,875 (16.24%). The pledge was released by Vistra ITCL against NCDs issued by Setco Auto Systems.

Setco Automotive finalizes SASPL divestment at Rs 215 Cr

Setco Automotive Limited finalized the sale of its stake in SASPL to RSB Transmissions for Rs 215 Crores, up from an initial Rs 185 Crore estimate. The adjustment reflects favorable net debt and working capital positions at closure. A holdback of Rs 10 Crores was partially released, with Rs 2.6 Crores adjusted against consideration differences. Deferred payments remain separate.