Setco Automotive Limited — Board Meeting, 23-03-2026: Outcome of Board Meeting

Setco Automotive's board approved merging its wholly-owned subsidiary, Lava Cast Private Limited (LCPL), to simplify structure and boost synergy. No new shares will be issued. LCPL reported ~Rs 87.38 Cr turnover and ~Rs -102.57 Cr net worth in FY25. Setco's consolidated turnover was ~Rs 718.63 Cr with ~Rs -693.82 Cr net worth.