Setco Automotive Limited has informed the Exchange regarding a press release dated Jun 23, 2025, titled "Launches Load Cushion and Torque Rod Bush, Expands Suspension Product Range for Commercial Vehicles".
SETCO · price
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Setco Automotive has launched two new suspension products — Load Cushion and Torque Rod Bush — for the medium and heavy commercial vehicle (MHCV) segment. The products are designed to improve vehicle stability, ride comfort, and shock absorption in trucks, trailers, buses, and tippers. This marks Setco's entry into suspension solutions, complementing its existing clutch, brake lining, flywheel, and water pump offerings. The company already operates 5 manufacturing units and supplies to global markets including the US, UK, SAARC, and the Middle East. No financial figures, order values, or revenue projections were disclosed in the press release.
This is a product diversification move that broadens Setco's addressable market within commercial vehicles, but without disclosed order wins or revenue impact, the near-term effect on share price is likely neutral. Long-term, it strengthens the company's position as a one-stop supplier to commercial vehicle OEMs.