Standard Engineering Technology approves preferential allotment of 46.58 lakh shares
Published on: July 11, 2026, 3:40 p.m. | Source: scanx.trade
Standard Engineering Technology Limited's board approved the preferential allotment of 46.58 lakh equity shares at ₹293 each, comprising a cash component for AGI Group Holdings Inc and Monoflus Pte. Ltd, and a share swap component for Truplusco India LLP to acquire a stake in GScale Energy Private Limited. The company also sought shareholder approval to increase borrowing and investment limits and scheduled an Extra Ordinary General Meeting for August 10, 2026.
