SETCO AUTOMOTIVE LTD.

Setco Automotive Ltd has announced its 43rd Annual General Meeting (AGM) will be held on September 30, 2026, at its registered office in Gujarat. The company will submit its Annual Report for the financial year 2025-26, which is also available on its website. A cut-off date of September 23, 2026, has been fixed to determine eligible shareholders for electronic voting. The report highlights the company's vision, mission, values, and corporate information, including its board of directors, key managerial personnel, and subsidiaries. It also mentions global quality certifications and forward-looking statements regarding business strategies and market position.

Setco Automotive Ltd has announced its 43rd Annual General Meeting (AGM) scheduled for Wednesday, September 30, 2026, at 2:30 p.m. IST. The meeting will be held at the company's registered office in Gujarat. Concurrently, the company is submitting its Annual Report for the financial year 2025-26, which includes the AGM notice. The Annual Report is also available on the company's website. A cut-off date of Wednesday, September 23, 2026, has been fixed to determine eligible members for electronic voting. The report highlights the company's vision to be a market leader with quality products, cost-effective manufacturing, and environment-friendly practices, aiming to be the preferred clutch choice globally.

Setco Automotive Ltd announced that its Board of Directors, in a meeting held on September 4, 2026, approved the convening of the 43rd Annual General Meeting (AGM). The AGM is scheduled for Wednesday, September 30, 2026, at the company's registered office. The Register of Members and Share Transfer Book will be closed from September 24 to September 30, 2026, inclusive, for the purpose of the AGM.

Setco Automotive Ltd has announced that its statutory auditors, M/s. Sharp & Tannan Associates, have issued a qualified opinion on the consolidated annual audited financial statements for the financial year ended March 31, 2026. The qualification stems from the inability to prepare consolidated financial statements as required by IFRS 10 for a subsidiary, Setco Automotive (UK) Limited. The company states that this qualification has no impact on the reported financial figures, including turnover, expenditure, net profit/loss, and net worth, as the audited figures before and after adjusting for qualifications remain the same. Management estimates no impact from this audit qualification.

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.

Setco Automotive Ltd announced the approval of its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors also approved the re-appointment of Mr. Harish Sheth as Chairman & Managing Director, Mr. Udit Harish Sheth as Vice Chairman and Executive Director, and Mrs. Urja Shah as Whole-time Director for three-year terms. The company also noted the resignation of Mr. Hiren Vala and the appointment of Ms. Aditi Pai as Company Secretary and Compliance Officer.

Setco Automotive Ltd has announced a revision to its Board of Directors meeting, originally scheduled for August 29, 2026. The meeting has been rescheduled to August 31, 2026. This postponement is to allow additional time for the completion and finalization of the financial statements. The primary agenda for the meeting is to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The trading window for dealing in the company's securities remains closed from April 01, 2026, and will reopen 48 hours after the declaration of the financial results.

Setco Engineering Private Limited has submitted a revised disclosure regarding the release of pledge on 32,283,970 equity shares of Setco Automotive Limited. The revision corrects a clerical error in the previous disclosure dated July 06, 2026. The release of pledge, effective July 03, 2026, pertains to shares held as security against NCDs issued by Setco Auto Systems Pvt. Ltd. The corrected post-event holding of encumbered shares is now accurately reflected.

Setco Automotive Ltd has announced that its Board of Directors will convene on August 29, 2026. The primary agenda item is to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. In line with the company's Insider Trading Code, the trading window remains closed from April 1, 2026, and will reopen 48 hours after the financial results are declared. The outcome of the board meeting will be communicated to the stock exchanges subsequently.

Setco Automotive Ltd has announced the final purchase consideration for the divestment of its majority stake in Setco Auto Systems Private Limited (SASPL) to RSB Transmissions (I) Limited. The initial estimated consideration was approximately ₹185 Crores, subject to adjustments. Following the finalization of closing accounts, the final purchase consideration has been determined at ₹215 Crores. The company received ₹207.6 Crores on the closing date, with a ₹10 Crores holdback. Subsequently, ₹7.4 Crores of the holdback was released on July 29, 2026. The remaining ₹2.6 Crores from the holdback was adjusted against downward adjustments to the purchase consideration due to differences in estimated vs. final net debt and working capital of SASPL. Deferred consideration remains separate.