Setco Automotive approves Q1 FY27 results and revised Lava Cast Pvt Ltd merger scheme
Setco Automotive · Auto Components
Key highlights
- Board approved unaudited standalone and consolidated results for quarter ended June 30, 2026; the consolidated limited review report is qualified.
- Board approved revised Scheme of Amalgamation merging wholly owned Lava Cast Private Limited into the company; effective date 1 April 2026, subject to NCLT and other approvals.
- SASPL first closing on 27 May 2026 for ~41% stake: ~₹207.60 crore on closing, ~₹7.40 crore on 29 July 2026; residual ~24% for up to ₹255 crore, by 31 August 2027 or later date decided.
Why it's rated major development: the year-on-year change is 100% (50% or more)
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Board Meeting Outcome for Outcome Of The Board Meeting
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
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See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Other acquisition / merger filings this fortnight
- IndiGrid Infrastructure Trust Q2 FY27 Earnings Conference Call Transcript Released
- Cubical Financial Services Ltd announces promoter reclassification post open offer
- Novus Loyalty Limited approves acquisition of AutoPe Payment Solutions via share swap
- Shish Industries Limited files Composite Scheme of Amalgamation proposal
- Jubilant Ingrevia Limited updates on acquisition of 40% stake in Zettaone Technologies
- NHC Foods approves quarter results, 99.98% Sachmaas Foods investment, two appointments
Potential multibaggers · Q2 FY27
Potential multibaggers in Auto Components
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.