Standard Engineering Technology Merger & Restructuring
Standard Engineering Technology Limited completed Phase I of its strategic investment, acquiring a 19.19% stake in Japan-based GL HAKKO Co., Ltd.
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Standard Engineering Technology Limited completed Phase I of its strategic investment, acquiring a 19.19% stake in Japan-based GL HAKKO Co., Ltd.
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.
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.
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.
Standard Engineering Technology Limited incorporated a new subsidiary, Standard Projects Private Limited, on May 12, 2026. The entity focuses on high-precision engineering and construction.