NSECorrigendum4 Aug 2026 · 4 Aug 2026, 03:12 pm
Corrigendum
Standard Engineering Technology Limited · SETL
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Standard Engineering Technology Limited has issued a corrigendum to the notice of its extraordinary general meeting scheduled for August 10, 2026, incorporating updates, clarifications, and additional disclosures in relation to the proposed preferential issue of equity shares.
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Standard Engineering Technology Limited has informed the Exchange regarding Corrigendum to Notice of Extra Ordinary General Meeting to be held on August 10, 2026
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SGLTPL_04082026151219_SETL_EGM_Corrigendum_04082026.pdf
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Date: August 04, 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: Corrigendum to Notice of the Extraordinary General Meeting (“Notice”) of the Company - Disclosure under
Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,
2015.
This is in continuation of our letter dated July 17, 2026, whereby the Notice convening the Extraordinary General Meeting ("EGM
Notice") of the Company was submitted to the Stock Exchanges. The Extraordinary General Meeting ("EGM") of the Company is
scheduled to be held on Monday, August 10, 2026, at 11:00 A.M. (IST) through Video Conferencing ("VC") / Other Audio Visual
Means ("OAVM").
Pursuant to Regulation 28(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015, the Company had submitted applications to BSE Limited ("BSE") and the National Stock Exchange of India
Limited ("NSE") (collectively referred to as the "Stock Exchanges") seeking in-principle approval for the proposed preferential
issue of equity shares of the Company as set out in Item No. 1 and 2 of the EGM Notice read together with the Explanatory
Statement annexed thereto.
Pursuant to the observations received from the Stock Exchanges under the applicable provisions of the Securities and Exchange
Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, the Company has issued a
Corrigendum to the EGM Notice incorporating certain updates, clarifications and additional disclosures in relation to Item Nos. 1
and 2 of the Explanatory Statement.
The Corrigendum shall form an integral part of the original EGM Notice dated July 11, 2026, together with the Explanatory
Statement annexed thereto, and shall be read in conjunction with the said EGM Notice. Except to the extent specifically modified or
supplemented by the Corrigendum, all other contents, terms and conditions of the EGM Notice shall remain unchanged and continue
to remain in full force and effect.
The Corrigendum has also been uploaded on the website of the Company at
https://www.standardengtech.com/corrigendumofEGMnotice and is being filed on the websites of BSE Limited www.bseindia.com
and National Stock Exchange of India Limited www.nseindia.com A copy of the said Corrigendum is enclosed herewith for the
information of all the stakeholders of the Company.
You are requested to kindly take the above information on record.
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.
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
Standard Engineering Technology Limited
(Formerly known as Standard Glass Lining Technology Limited)
CIN: L29220TG2012PLC082904
Regd. Office: D.12, Phase I, IDA, Jeedimetla, Hyderabad, Telangana, India, 500055
Corp. Office: 10th Floor PNR High Nest, Hydernagar KPHB Colony, JNTU Kukat Pally, Hyderabad, Tirumalagiri, Telangana,
India, 500085
Phone: +914035272400 Email: corporate@standardengtech.com Website: www.standardengtech.com
CORRIGENDUM TO THE NOTICE OF EXTRA-ORDINARY GENERAL MEETING
(EGM No. 01/2026-27)
Dear Member(s),
We draw the attention of all the Members of M/s. Standard Engineering Technology Limited (Formerly known
as Standard Glass Lining Technology Limited) ("the Company") to the Notice dated July 11, 2026, convening
the Extra-Ordinary General Meeting No. 01/2026-27 ("EGM") of the Company ("EGM Notice") scheduled to
be held on Monday, August 10, 2026 at 11:00 A.M. (IST) through Video Conferencing ("VC") / Other Audio-
Visual Means ("OAVM"). The EGM Notice has already been electronically sent on July 17, 2026 to all the
Members of the Company whose e-mail addresses were registered with the Company and/or Depository
Participant(s) in compliance with the provisions of the Companies Act, 2013 ("the Act"), the rules made
thereunder, and the circulars issued by the Ministry of Corporate Affairs ("MCA") and the Securities and
Exchange Board of India ("SEBI") (collectively referred to as "Circulars").
The Company had filed applications with BSE Limited ("BSE") and the National Stock Exchange of India
Limited ("NSE") seeking in-principle approval in respect of the proposed preferential issue of equity shares
for cash consideration and for non-cash consideration (share swap arrangement) and other matters as set out
in the EGM Notice, for which the approval of the Members is being sought. Subsequently, the Company
received certain observation(s) from the Stock Exchanges requiring additional disclosures and clarifications in
accordance with the applicable provisions of the SEBI (Issue of Capital and Disclosure Requirements)
Regulations, 2018, as amended ("SEBI ICDR Regulations").
Accordingly, this Corrigendum to the EGM Notice ("Corrigendum") is being issued to provide certain
update(s), clarification(s), and additional disclosure(s) to the said EGM Notice pursuant to the observation(s)
of the Stock Exchanges and in accordance with the provisions of the SEBI ICDR Regulations, the applicable
provisions of the Act, the rules made thereunder, and the MCA Circulars.
In order to facilitate informed decision-making, the Company considers it appropriate to bring to the Members'
attention the updated factual position through this Corrigendum.
This Corrigendum shall form an integral part of the original EGM Notice and shall be read in
conjunction therewith.
Below are the additions / amendments in the Explanatory Statement relating to Item No. 1 of the said
EGM Notice:
1. Objects of the issue: (Page no. 22 of EGM Notice)
In addition to the existing disclosures under Item No. 1 of the Explanatory Statement, following additional disclosure
shall also be read as forming part thereof:
The entire proceeds proposed to be raised under the present preferential issue are intended to be utilized towards the
acquisition of a controlling stake in GScale Energy Private Limited.
The amount of Rs. 53,61,35,062.50 represents the cash consideration payable for the proposed acquisition and shall
be utilized for making payments in accordance with the milestones and payment schedule stipulated under the
definitive transaction documents executed between the parties. Accordingly, the issue proceeds are earmarked for a
single identified object and are not proposed to be utilized for multiple independent purposes requiring further
bifurcation.
The payments are expected to be made in accordance with the agreed contractual milestones, and the entire proceeds
are proposed to be utilized within 24 months from the date of receipt of Issue proceeds, subject to the satisfaction
of the conditions precedent and receipt of the necessary statutory and regulatory approvals, wherever applicable.
The amount proposed for each object of the issue may deviate by ±10%, depending upon future circumstances,
management estimates and other commercial and technical factors;
If the issue proceeds are not utilised (in whole or in part) for the disclosed objects within the specified timelines due
to such factors or any other unforeseen circumstances, the unutilised proceeds shall be utilised in subsequent periods
for the same disclosed object(s) in such manner as
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