Setco Automotive shareholders approved four resolutions at EGM including disposal of material subsidiary Setco Auto Systems Private Limited.
Special resolutions passed for company name change and alteration of Memorandum and Articles of Association with near-unanimous approval.
Total 42 shareholders attended physically with 29,083 shareholders on record date; all resolutions passed with over 99.99% favor.
Scrutinizer report confirmed voting results with invalid votes from promoter group on first two resolutions only.