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Auto Components & Equipments
Board Meeting31 Aug 2026, 04:08 pm

Setco Automotive Board Approves FY26 Audited Results, Management Changes

AI Summary

Setco Automotive Ltd announced the outcome of its Board Meeting held on August 31, 2026. The board approved the audited standalone and consolidated financial results for the financial year ended March 31, 2026. Key management changes were also approved, including the resignation of Mr. Hiren Vala as Company Secretary and Compliance Officer and the appointment of Ms. Aditi Pai to the same role. Additionally, the re-appointment and remuneration of Mr. Harish Sheth (Chairman & Managing Director), Mr. Udit Harish Sheth (Vice Chairman & Executive Director), and Mrs. Urja Shah (Whole-time Director) were approved for a period of three years.

Key Highlights

  • Audited standalone and consolidated financial results for FY26 approved.
  • Resignation of Company Secretary and Compliance Officer accepted.
  • Ms. Aditi Pai appointed as new Company Secretary and Compliance Officer.
  • Re-appointment of Chairman, Vice Chairman, and Whole-time Director approved.
  • Remuneration details for key managerial personnel finalized.