SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Standard Engineering Technology informs about outcome of board meeting

25 Jun 2026 Evaluate

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.

Standard Engg. Tech. Share Price

213.20 -11.00 (-4.91%)
25-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharat Heavy Elect. 402.40
Thermax 4823.05
Kirloskar Oil Engine 2484.30
Skipper 531.70
GMM Pfaudler 801.40
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: