Setco Automotive Limited's subsidiary, Setco Auto Systems Private Limited, received in-principle approval from BSE to modify terms of its listed Non-Convertible Debentures. The modification extends the maturity date from March 31, 2026, to May 31, 2026. This extension provides the subsidiary with additional time for redemption compliance.
Setco Automotive Ltd (SETCO) submitted its initial disclosure confirming it does not fall under the 'Large Corporate' category per SEBI norms. The company reported outstanding borrowings of ₹70 Crore as of March 31, 2026. This filing is a routine regulatory compliance requirement regarding debt-raising frameworks.