Setco Automotive Subsidiary Faces Credit Rating Downgrade to 'D' Grade
ICRA Limited downgrades Setco Auto Systems Private Limited's credit rating from B-(Stable) to D across all debt instru...
Sarthak Mahajan
04 Sep 2025
The company struck off Peter Thomas & Co (Refurbishing) Limited, a dormant step-down subsidiary, as part of its rationalization of non-operational entities across international markets.
Read moreICRA Limited downgrades Setco Auto Systems Private Limited's credit rating from B-(Stable) to D across all debt instru...
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