Outcome of Board meeting held on October 16, 2026 - Allotment of 24,39,750 Equity Shares on a Preferential Basis for Cash Consideration

Date: October 16, 2026 Listing Compliance Department Listing Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1 Block G, Dalal Street, Bandra - Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 SCRIP CODE: 544333 SYMBOL: SETL Dear Sir/Madam, Sub: Outcome of the Board Meeting held on October 16, 2026 – Allotment of 24,39,750 Equity Shares on a Preferential Basis – Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held today, i.e., October 16, 2026, which commenced at 10:00AM and concluded at 10:16AM, pursuant to the Special Resolution passed by the Members at the Extra-Ordinary General Meeting held on August 10, 2026 and the in-principle approvals granted by BSE Limited (LOD/PREF/DA/FIP/877/2026-27 dated October 1, 2026) and National Stock Exchange of India Limited (NSE/LIST/56391 dated October 1, 2026), and upon receipt of the full consideration, allotted 24,39,750 fully paid-up equity shares of face value of Rs. 10/- each at an issue price of Rs. 293/- per equity share (including a premium of Rs. 283/-), aggregating to Rs. 71,48,46,750/-, on a preferential basis to non-promoter investors. The shares so allotted rank pari passu with the existing equity shares of the Company. The Company will apply to the Stock Exchanges for listing and trading approval of the said shares. The details required under Regulation 30 of the Listing Regulations read with Para A of Part A of Schedule III to the Listing Regulations read with SEBI Master Circular Ref. No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated on January 30, 2026 are enclosed as Annexure A. 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: A/a ANNEXURE A Information as required under Regulation 30 of the Listing Regulations read with Para A of Part A of Schedule III to the Listing Regulations read with SEBI Master Circular Ref. No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 updated on January 30, 2026 Sl. No Particulars Description 1 Type of securities issued Equity Shares of face value of Rs.10/- each fully paid-up (“Equity Shares”). 2 Type of issuance, Preferential Issue on a private placement basis (the “Preferential Issue”) (preferential issue) in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and applicable provisions of the Companies Act, 2013 and the rules made thereunder. 3 Total number of securities 24,39,750 (Twenty-Four Lakhs Thirty-Nine Thousand and Seven issued or the total amount Hundred and Fifty Only) fully paid-up equity shares of face value of Rs. for which the securities be 10/- each at an issue price of Rs. 293/- per equity share (including a issued premium of Rs. 283/-), aggregating to Rs. 71,48,46,750/- (Seventy-One Crore Forty-Eight Lakhs Forty-Six Thousand Seven Hundred and Fifty Only). Additional Information in case of Preferential Issue 4 Name of Investor AGI Group Holdings Inc. – 22,77,100 equity shares; Monoflus Pte. Ltd. – 1,62,650 equity shares 5 Post allotment of securities Details of shareholding of the Investor, prior to and after the Preferential - outcome of the Issue, is as under: subscription, issue price Name of Pre-Issue Post Issue number of investors; Allottee No. of Equity % No. of Equity % Shares Shares AGI Group 0 0 22,77,100 1.11 Holdings Inc Monoflus Pte. 71,70,000 3.59 73,32,650 3.58 Issue Price: Rs. 293/- per equity share, including a premium of Rs. 283/- per equity share. Number of Investors: 2 (Two) The Equity Shares allotted to AGI Group Holdings Inc and Monoflus Pte. Ltd. shall be locked in for a period as specified in the provisions of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. 6 In case of convertibles - Not Applicable Intimation on conversion of securities or on lapse of the tenure of the instrument