Setco Automotive Limited — Board Meeting, 29-03-2026: Outcome of Board Meeting

Setco Automotive's board approved selling ~41% stake in its material subsidiary SASPL for ~INR 185 Cr, with the remaining ~24% to be sold for up to INR 255 Cr. The company also secured INR 70 Cr for a non-compete clause and will rename to Shilayan Industries. Shareholders' approval is pending.