Setco 43rd AGM Notice: FY26 Report, SASPL Sold to Bain Capital Platform
SETCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Setco Automotive will hold its 43rd AGM on September 30, 2026. FY26 consolidated revenue rose 12 percent to Rs 804.92 crore but EBITDA fell to Rs 97.66 crore. Loss after tax narrowed sharply to Rs 4.27 crore from Rs 126.33 crore. Major shift: Setco Auto Systems (SASPL) was sold to Bain Capital backed RSB Transmissions, with FY26 SASPL revenue of Rs 738.96 crore. Lava Cast is now the principal focus. Board proposes merger of Lava Cast into Setco and rename to Shilayan Industries.
Strategic portfolio reshape after SASPL sale to Bain backed RSB. AGM will approve director reappointments and proposed Lava Cast merger into the listed company.