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Lava Cast set to merge with Setco Automotive

On June 4, Setco Automotive Ltd. announced that it has started merger activity for Lava Cast Pvt. Ltd. after purchasing all the stake owned by Lingotes Especiales S.A. (technology & JV partner) in Lava cast Pvt. Ltd.
The merger will also result in an increase of orders from OEM’s MHCV and farm-tractor industries.
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