Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘SEBI Listing Regulations’), Standard Engineering Technology has informed that the Board of Directors (the ‘Board’) of the Company (Formerly known as Standard Glass Lining Technology) at its Meeting held today, Thursday, June 25, 2026, has considered and approved the following: Approval for the proposed acquisition of up to 51% Equity in GScale Energy. The Company has approved the acquisition of up to 51% equity stake in GScale Energy (CIN: U28199TS2026PTC216284), a private limited company engaged in Data Center Engineering and Infrastructure Solutions. The acquisition will be governed by a Shareholder Agreement (SHA) and Share Subscription Agreement (SSA), and is subject to fulfilment of conditions under the definitive agreements. Upon completion, GScale Energy will become a Subsidiary of the Company. The detailed disclosure as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as ‘Annexure I’. The Board Meeting commenced at 10:30 am and concluded at 11:00 am.
The above information is a part of company’s filings submitted to BSE.
