Setco Automotive Merger & Restructuring Worth ₹215 Cr

Setco Automotive Acquisition

Setco Automotive's board approved a revised scheme to merge wholly owned subsidiary Lava Cast into the company, with no share issuance or cash. It also approved in-principle evaluation of overseas subsidiary restructuring.

Setco Automotive Q1 FY27 Results: Turns Profitable, Net Profit ₹203.3 Cr

Setco Automotive Ltd reported revenue from operations of ₹52.9 Cr (+12.3% YoY) and net profit of ₹203.3 Cr for Q1 FY27.

Key figure

Net profit ₹203.3 Cr

Setco Automotive Annual General Meeting

Setco Automotive resubmitted proceedings of its 43rd AGM held September 30, 2026, citing connectivity delays. Standard items including FY26 financials adoption and director re-appointments were transacted.

Setco Automotive Board Meeting Date

Setco Automotive Limited has scheduled a board meeting for October 23, 2026, to consider and approve its unaudited standalone and consolidated financial results.

Setco Automotive Other Announcement

Setco Automotive Ltd filed its quarterly shareholding pattern for the period ending September 30, 2026. This is a routine regulatory compliance disclosure under SEBI listing regulations.

Setco Automotive Annual General Meeting

Setco Automotive Limited held its 43rd Annual General Meeting on September 30, 2026. Shareholders transacted business including adoption of audited financial statements and re-appointment of directors.

Yasons Chemex Care Merger & Restructuring Worth ₹29.61 Cr

Yasons Chemex's subsidiary Rishit Polysurf LLP signed a slump sale agreement to sell its chemical manufacturing business to Vasudha Specialities Emulsifiers. Consideration is Rs.29.61 Crore in cash.

Value

₹29.61 Cr

Dhruv Consultancy Services Merger & Restructuring Worth ₹0.3 Cr

Dhruv Consultancy incorporated Valsang Drivehub Private Limited, subscribing to 55% for Rs.0.30 Crore. The subsidiary will execute a wayside amenities project under an NHLML award.

Value

₹0.30 Cr

Polyplex Corporation Merger & Restructuring

Polyplex Corporation disclosed a letter agreement revising timelines under its CPA and SHA with AGP HoldCo. No money changes hands and management control is unaffected.

Sirca Paints India Merger & Restructuring Worth ₹20.67 Cr

Sirca Paints India sold a plot to M/s Dawer Propack Private Limited for Rs. 20.67 Crore in cash, with completion expected by 30-11-2026. The buyer is unrelated to the promoters and the sale is not part of a scheme of arrangement.

Value

₹20.67 Cr

Ace Alpha Tech Merger & Restructuring

Ace Alpha Tech's board approved merging it into Share India Securities, subject to NCLT approval. Shareholders get 863 Share India shares per 1,000 held; no cash.

JSW Steel Merger & Restructuring Worth ₹0.02 Cr

JSW Steel's wholly owned subsidiary Peddar Realty Limited will subscribe Rs. 2 lakh to form a new real estate entity, which will be a step-down subsidiary. The entity is yet to be incorporated.

Value

₹0.02 Cr