Setco Automotive Annual General Meeting
Setco Automotive Ltd convened an EGM for April 25, 2026, to approve the divestment of its material subsidiary, Setco Auto Systems, to RSB Transmissions (I) Limited for a total consideration of up to ₹543 Crore. The deal includes stake sales, non-compete fees, and a supply agreement. The company also proposes changing its name to Shilayan Industries Limited.
- Value
- ₹543.0 Cr