Setco Automotive Limited (BSE:505075) agreed to acquire Setco Auto Systems Private Limited for INR 0.1 million on March 26, 2021. Post completion, Setco Auto Systems Private Limited will be a wholly owned subsidiary of Setco Automotive Limited. The Board of Setco Automotive Limited has approved the acquisition. For the financial year 2019-2020, Setco Auto Systems Private Limited had NIL revenue. The transaction is expected to be completed by the end of March 2021.