Announced Tue, 1 Sept · 12:22 IST
Audit qualification on Setco consolidated results for FY26
SETCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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₹18.20
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₹17.81
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AI summary
Setco Automotive's auditors issued a qualified opinion on consolidated FY26 results. The qualification relates to UK subsidiary Setco Automotive (UK) Ltd not preparing consolidated accounts as per IFRS 10. Revenue was Rs 81,674 lakh, net loss Rs 428 lakh. Net worth remains deeply negative at negative Rs 70,817 lakh. Management says no quantifiable impact.
Likely market impact
Audit qualification and deeply negative net worth remain governance red flags despite management citing no quantifiable impact.