Setco Automotive Ltd. Corrects Investor IRR Waiver to ₹66.46 Cr
Setco Automotive Limited corrected its previous disclosure regarding an Investor IRR waiver by its subsidiary SASPL. The actual waived amount for FY26 is ₹66.46 crore, revised from ₹75.50 crore. The company received in-principle approval from BSE on March 30, 2026.
The correction of a financial figure in a disclosure is unlikely to have a significant impact on the company's stock or operations.
This is a correction of a previous disclosure, not a new event or financial outcome, therefore it is neutral.
Setco Automotive Limited has issued a corrigendum to its earlier intimation dated March 20, 2026, regarding the waiver of accrued Investor IRR by its material subsidiary, Setco Au to Systems Private Limited (SASPL).
There was an inadvertent error in the previously disclosed amount. The correct amount of accrued Investor IRR waived for the Financial Year 2025-26 is ₹66.46 crore (Rupees Sixty Six Crore and Forty Six Lakhs Only), not ₹75.50 crore as initially stated.
The company also announced that it received in-principle approval from BSE Limited on March 30, 2026, concerning this matter. All other details from the previous intimation remain unchanged.
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Setco Automotive Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Setco Automotive Limited. Read the original for the full detail.