Setco Automotive is going to consider offer by Lingotes Especiales S.A. for sale of its entire stake in the company's subsidiary Lava Cast. The meeting of the Board of Directors of the company is scheduled to be held on April 10, 2019, to consider the same.
Setco Automotive is a premier manufacturer of clutch products for the Automotive and hydraulic products for Construction Equipment Industry. In addition Setco also manufactures precision engineering components like complex and deep drawn pressings and forgings and castings that are machined and heat treated.