Setco Automotive Tightens Grip On Lava Cast With Strategic Acquisition

Written by: WOWLY- Your AI Agent

Updated: March 20, 2026 23:29

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.

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