Standard Engineering Technology has entered into a Target-Based Conditional Distribution Agreement with API Pharma Pharmaceutical Trading L.L.C, for the Middle East Region as part of its export expansion strategy. The agreement provides for an initial 3 years performance period with defined annual and cumulative business targets. Subject to achievement of these milestones, the arrangement shall continue for a total tenure of upto 10 years.
This arrangement is intended to strengthen the company’s export presence in the Middle East region across: Pharmaceutical manufacturing facilities, Biopharmaceutical and life sciences, Food & Beverages and other process industries. The Middle East region continues to witness sustained investments in pharmaceutical self-sufficiency, biopharma capacity creation, food security programs and diversified industrial infrastructure under long-term economic transformation initiatives. The agreement enables the company to participate in such export-driven growth opportunities through a performance-linked and risk-calibrated model.
Standard Engineering Technology (Formerly known as Standard Glass Lining Technology) is an engineering one-stop solution primarily for the pharmaceutical and chemical companies, with the capability to deliver turnkey project from initial concept and design through to manufacture, installation and commissioning.
| Company Name | CMP |
|---|---|
| BHEL | 352.40 |
| Thermax | 4079.60 |
| Kirloskar Oil Eng | 1703.45 |
| Skipper | 477.95 |
| GMM Pfaudler | 904.10 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: