NSEGeneral Updates1h ago · 3 Oct 2026, 06:37 pm

General Updates

Standard Engineering Technology Limited · SETL

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Standard Engineering Technology Limited has received in-principle approval from BSE and NSE for a preferential issue of 24,39,750 equity shares to non-promoter entities at Rs. 293 per share.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk4/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10

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Full Announcement

Standard Engineering Technology Limited has informed the Exchange about General Updates_Receipt of In-principle Approval

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SGLTPL_03102026183701_SETL_InPrinciple_Approval_Intimation_BSE_NSE.pdf

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Date: October 03, 2026 To, Listing Compliance Department Listing Compliance Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1 Block G, Phiroze Jeejeebhoy Towers Bandra - Kurla Complex, Bandra (East) Dalal Street, Mumbai - 400 051 Mumbai - 400 001 SCRIP CODE: 544333 SYMBOL: SETL Sub: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) - Receipt of In-principle Approval under Regulation 28(1) of the Listing Regulations for proposed preferential issue of the Company Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “SEBI Listing Regulations”), we wish to inform you that Standard Engineering Technology Limited (“the Company”) has received In-principle approval from BSE Limited, vide its letter no. LOD/PREF/DA/FIP/877/2026-27 dated October 01, 2026, and National Stock Exchange of India Limited, vide its letter no. NSE/LIST/56391 dated October 01, 2026, for the issue of 24,39,750 (Twenty-Four Lakh Thirty-Nine Thousand Seven Hundred and Fifty) fully paid-up Equity Shares of the Company of face value of Rs. 10/- each, at a price of Rs. 293/- per Equity Share (including a premium of Rs. 283/- per Equity Share) (“Preferential Allotment Price”), for cash consideration, on a preferential basis, to the following proposed allottees belonging to the Non-Promoter category: S. No. Name of the Proposed Allottee Number of Equity Shares 1. AGI Group Holdings Inc. 22,77,100 2. Monoflus Pte. Ltd. 1,62,650 Total 24,39,750 The Company shall proceed with the allotment of the said Equity Shares upon receipt of the requisite consideration from the proposed allottees, in compliance with the provisions of Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable laws. The copies of the In-principle Approval of BSE Limited and National Stock Exchange of India Limited are enclosed herewith. We request you to take the above on record. Thanking you, Yours faithfully, FOR STANDARD ENGINEERING TECHNOLOGY LIMITED (Formerly known as Standard Glass Lining Technology Limited) Kallam Hima Priya Company Secretary & Compliance Officer Encl.: As above Standard Engineering Technology Limited (Formerly known as Standard Glass Lining Technology Limited) Registered Office: D-12, Phase -I, IDA Jeedimetla, Hyderabad-500055 Corporate Office: 10th Floor, PNR High Nest, Hydernagar, KPHB Colony, Hyderabad-500085 Manufacturing Unit: Survey No. 42/A, Alinagar, Chetlapotharam Village, Gaddapotharam, SangaReddy-502319 CIN: L29220TG2012PLC082904 Email: corporate@standardengtech.com Website: www.standardengtech.com Tel: + 040 3518 2204 Ref: NSE/LIST/56391 October 01, 2026 The Company Secretary Standard Engineering Technology Limited Dear Sir/Madam, Sub: In - Principle approval under Regulation 28(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 We are in receipt of your application regarding In-principle approval for issue of 24,39,750 Equity shares of Rs. 10/- each issued under Preferential basis in terms of Regulation 28(1) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. In this regard, the Exchange is pleased to grant in-principle approval for the said issue subject to the Company fulfilling the following conditions: 1. Filing the listing application at the earliest from the date of allotment. 2. Receipt of statutory and other approvals and compliance of guidelines/regulations issued by the statutory authorities including SEBI, RBI, MCA, etc. 3. Compliance with all the applicable guidelines, regulations, directions of the Exchange or any statutory authorities as on the date of listing application. 4. Compliance of all conditions as per the SEBI (LODR) Regulations, 2015 as on date of listing, Companies Act, 1956 / Companies Act, 2013 and other applicable laws. 5. Submissions of documents as may be required by NSE and payment of applicable fees. Further, the company is advised to strengthen internal controls (to monitor trades being executed by the proposed allottees in the scrip of the company) before allotment of securities in order to avoid any non-compliances in respect of trades being executed by the allottees in contravention of provisions of Chapter V of SEBI (ICDR) Regulations. In this regard, a) The Company is advised to obtain an undertaking from the allottee(s) confirming that they shall not do intra-day trading in the scrip of the company or any sale in the scrip of the company till the allotment date of the security as required under SEBI (ICDR) Regulations. b) The Company may note that the responsibility/onus is solely on the Issuer company to verify the above (a) and ensure compliance with applicable provisions including Regulation 167(6) of SEBI ICDR regulations, 2018. c) The Company may also note that any non-compliances, if observed by the exchanges post the undertaking and verification by the Issuer company may impact the listing of such shares. Continuation Sheet Ref: NSE/LIST/56391 October 01, 2026 Kindly note, this Exchange letter should not be construed as approval under any other Act /Regulation/rule/bye laws (except as referred above) for which the Company may be required to obtain approval from other department(s) of the Exchange. The Company is requested to separately take up matter with the concerned departments for approval, if any. The Exchange reserves its right to withdraw its in-principle approval at a later stage if the information submitted to the Exchange is found to be incomplete/incorrect/misleading/false or in contravention of any Rules, Bye-laws and Regulations of the Exchange, SEBI (LODR) Regulations, 2015, Guidelines/ Regulations issued by statutory authorities, etc. Yours faithfully, For National Stock Exchange of India Limited Pooja Pashte Manager National Securities Depository Limited Central Depository Services Limited P.S. Checklist of all the further issues is available on website of the exchange at the following URL: https://www.nseindia.com/static/companies-listing/raising-capital-further-issues-main- sme-checklist%20 The National Stock Exchange of India (NSE) has announced the launch of NEAPS mobile application. The app can be downloaded from the App Store/ Play store with the name “NEAPS APP”