No results for ‘’
Setco Automotive Ltd
NSE: SETCO BSE: 505075
₹17.04
(1.39%)
Wed, 23 Sept 2026, 06:31 pm
Market Cap (in Cr)221.92
PE Ratio31.74
Dividend78.36
Producer Manufacturing
Auto Parts: OEM
24.5KCompany History
1983
- The company was incorporated and engaged in the manufacture of clutches
1985
- The Sick Industrial Companies (Special Provisions) Act came into effect
1990
- The Board for Industrial & Financial Reconstruction declared the company as a Sick Industrial Company
1991
- Operations were hampered by labour unrest for six months including a strike closure
1992
- The company developed clutch components for export against firm orders
1995
- Shri K.B. Sheth and Suresh M. Mehta retired by rotation and offered themselves for reappointment
- Shri J.B. Amin resigned as Director of the Board
1996
- S/Shri Vishnu Varshney and K.B. Sheth retired by rotation and offered themselves for reappointment
- Shri K.B. Pate resigned as Director of the Board
- The company was declared a Sick Industrial Undertaking under SICA, 1985
1997
- S/Shri H.T. Chauhan and Suresh Mehta retired by rotation and offered themselves for reappointment
- Shri G.V. Konkar resigned as Director of the Board
2001
- The company entered into a technical collaboration agreement with Lipe of the UK for manufacture of heavy-duty clutches
2005
- Gujarat Setco acquired US' Lipe Clutch Division
- The company changed its name from Gujarat Setco Clutch Ltd. to Setco Automotive Ltd.
2007
- Setco Automotive's subsidiary acquired an auto component manufacturing unit of Haldex Corporation, USA
- Mr. Arun F. Arora was inducted as a Director on the Company's Board
2008
- The company recommended a dividend of 25% per share
2009
- The company recommended a dividend at 25% per Equity Share
2010
- The company recommended a dividend at 30% per Equity Share
- Setco Automotive gave a bonus in the ratio of 1:1
2011
- The company recommended a dividend at 40% per Equity Share
2012
- The company recommended a dividend at 40% per Equity Share
- Setco Automotive allotted shares under Employee Stock Option Plan 2010
- Setco Automotive gave a bonus in the ratio of 1:2
2013
- Setco Automotive allotted shares under ESOP 2010
- The company recommended a dividend at 26.5% per Equity Share
2014
- Setco Automotive allotted shares under ESOP 2010
- The company recommended a dividend at 26.5% per Equity Share
2015
- Setco Automotive split its face value from Rs. 10 to Rs. 2
2016
- Setco Automotive bags an order from Ashok Leyland
2019
- Setco Foundation won the Special Jury Award at Outlook Poshan Innovation Awards 2019
- Setco Automotive Limited disclosed the acquisition of 16,000 Equity Shares by Mrs. Khushpreet Bajwa Gujral
2021
- The company entered into a deed of assignment with Setco Automotive (UK) Ltd for acquisition of all trademarks, designs, and intellectual property rights relating to the clutch manufacturing business.