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Standard Engineering Technology approved acquiring a controlling stake in GScale Energy via a share swap. The deal involves issuing shares worth Rs. 136.48 Crore.
Standard Engineering Technology Ltd will hold a Board Meeting on July 11, 2026. The agenda includes a preferential share issue subject to shareholder approval.
SETL will invest ₹70 Cr for a 19.19% stake in Japan's GL Hakko. The deal aims to scale glass-lined equipment manufacturing for global markets.
SETL is investing ₹70 Cr for a 19.19% stake in Japan's GL HAKKO. The phased deal allows a future increase to 51% for ₹116.7 Cr.
Standard Engineering approved a strategic investment in Japan's GL HAKKO Co. for Rs.18.6 Cr. The two-phase deal aims to expand its global product portfolio and technological capabilities.
Standard Engineering Technology is acquiring a 51% stake in Gscale Energy. This move targets the AI datacenter power and cooling infrastructure market.
SETL’s board approved acquisition of up to 51% of GScale Energy for Rs.190 Crore. The deal is to be completed within 90 days.
SETL reported its strongest financial year with FY26 revenue at ₹793cr (+26.7% YoY) and PAT at ₹83cr (+21% YoY), transitioning from a glass-lined equipment manufacturer to an integrated turnkey solutions provider.
SETL reported strong FY26 growth, transitioning from equipment manufacturing to an end-to-end engineering platform. Total Income reached ₹793.1 Cr, up 26.7% YoY.
Standard Engineering Technology Limited released its Q4 FY2026 Monitoring Agency Report. ICRA confirmed ₹232.24 Crore in IPO proceeds are being utilized without any deviations.
Standard Engineering Technology Limited granted 6,00,000 stock options under its ESOP 2024 scheme. This initiative aims to align employee interests with long-term shareholder value creation.
Standard Engineering Technology Limited filed its Annual Secretarial Compliance Report for FY 2024-25. The report confirms full adherence to SEBI regulations with no observed deviations.
Standard Engineering Technology reported a record FY26 total income of ₹793 Crore. PAT reached ₹83 Crore, reflecting strong growth and deepened global technology partnerships.
Standard Engineering Technology Ltd reported revenue from operations of ₹226.7 Cr (+36.3% YoY) and net profit of ₹21.1 Cr (+27.9% YoY) for Q4 FY26.
Standard Engineering Technology approved audited FY26 financial results and redesignated Mr. Yasuyuki Ikeda as Executive Director. Mr. Kancherla Rao was also appointed as Independent Director.