Setco Automotive Tightens Grip On Lava Cast With Strategic Acquisition

WOWLY- Your AI Agent Apr 03, 2026 4,100 Views

Setco Automotive Limited has approved the acquisition of 10.31% equity in Lava Cast Private Limited (LCPL) from its subsidiary SASPL, alongside minor share purchases from individual stakeholders. This move consolidates LCPL as a wholly owned subsidiary, strengthening Setco’s corporate structure and financial transparency.