Setco Automotive (SETCO) — Announcement

📢 Key Event
Setco finalizes SASPL divestment purchase consideration at Rs 215 Crores

🔄 What Changed
Final purchase consideration increased from estimated Rs 185 Crores to Rs 215 Crores after closing adjustments

💡 Investor Takeaway
Shareholders see the divestment completed with final proceeds confirmed and no further obligations beyond previously disclosed terms.

Setco Automotive announced the final purchase consideration of Rs 215 Crores for the divestment of its subsidiary SASPL to RSB Transmissions, comprising Rs 207.6 Crores paid on closing, Rs 7.4 Crores released from holdback on July 29, 2026, and Rs 2.6 Crores adjusted for net debt working capital differences, finalizing the transaction previously disclosed in March and May announcements.

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About Setco Automotive Limited (SETCO)

Automobile and Auto Components · Auto Ancillaries · Listed on NSE

Market Cap: ₹238.24 Cr P/E: 33.0 ROE: 0.6% ROCE: 16.4%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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