NSEAllotment of Securities16 Oct 2026 · 16 Oct 2026, 10:51 am
Allotment of Securities
Standard Engineering Technology Limited · SETL
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Standard Engineering Technology Limited has informed the Exchange regarding allotment of 2,439,750 securities pursuant to Preferential Issue at its meeting held on October 16, 2026.
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Full Announcement
Standard Engineering Technology Limited has informed the Exchange regarding allotment of 2439750 securities pursuant to Preferential Issue at its meeting held on October 16, 2026
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SGLTPL_16102026105120_02_Reg30_Outcome_of_Board_Meeting_Allotment.pdf
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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