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Setco Automotive Limited — Credit Ratings, 04-09-2025: Credit Rating- Revision
04-09-2025 | 07:28 pm
04-09-2025 | 07:28 pm
ICRA has downgraded Setco Auto Systems Pvt Ltd's (a subsidiary of Setco Automotive) Long Term Non-convertible Debentures and Proposed NCDs totaling ₹585 Cr. The rating moved to [ICRA] D from [ICRA] B-(Stable), indicating a significant increase in credit risk.
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