Standard Engineering Technology Limited (SETL)

Standard Engineering Technology Limited (SETL) has submitted the audio recording link for its earnings conference call held on November 05, 2026. The call discussed the financial results for the quarter and half-year ended September 30, 2026. The submission complies with Regulation 30 and 46 of SEBI LODR Regulations, referencing an earlier intimation dated October 28, 2026.

• Audio recording made available for Q2 and H1 ended September 30, 2026
• Earnings conference call was hosted on November 05, 2026
• Follows prior intimation dated October 28, 2026
• Recording accessible via company website link: https://standardengtech.com/earnings-call/Q2FY26-27

Standard Engineering Technology Limited (SETL) concluded its board meeting on November 05, 2026, approving unaudited standalone and consolidated financial results for Q2 and H1 ended September 30, 2026. The statutory auditor, M S K A & Associates LLP, issued the accompanying Limited Review Reports. The filing itself contains the board outcome transmittal without the full numerical financial tables attached. In Q1 FY27 (June 2026), the company posted Rs 247.69 cr in revenue and Rs 26.75 cr in net profit.

• Board approved unaudited Standalone and Consolidated Results for period ended September 30, 2026
• Board meeting commenced at 11:04 A.M. and concluded at 11:47 A.M. on November 05, 2026
• Statutory auditor M S K A & Associates LLP completed the Limited Review Report
• Prior formal board meeting notice was intimated on October 28, 2026

Standard Engineering Technology Limited (SETL) has allotted 24,39,750 equity shares of face value Rs 10 each on a preferential basis, raising Rs 71.48 crore. The allotment was done at Rs 293 per share (including a premium of Rs 283 per share) to two non-promoter investors. AGI Group Holdings Inc. received 22,77,100 shares (1.11% stake), while Monoflus Pte. Ltd. took 1,62,650 shares (holding 3.58% post-issue). Relative to SETL's market capitalization of Rs 1,82,622 crore, the fundraise represents a negligible ~0.04% dilution.

• Allotment of 24,39,750 equity shares at an issue price of Rs 293 per share
• Total capital raised stands at Rs 71,48,46,750
• AGI Group Holdings Inc. allotted 22,77,100 shares, taking a 1.11% post-issue stake
• Monoflus Pte. Ltd. allotted 1,62,650 shares, holding 73,32,650 shares (3.58%) post-issue

Standard Engineering Technology Limited (SETL) has received in-principle approval from BSE and NSE for a preferential allotment of 24,39,750 equity shares of face value ₹10 at an issue price of ₹293 per share (including a premium of ₹283). The total fundraise amounts to approximately ₹71.49 crore. The shares are to be issued to two non-promoter entities: AGI Group Holdings Inc. (22,77,100 shares) and Monoflus Pte. Ltd. (1,62,650 shares). The company will proceed with final allotment upon receiving consideration in line with SEBI ICDR guidelines.

• In-principle approval received from BSE and NSE dated October 01, 2026
• Preferential issue of 24,39,750 equity shares at ₹293 per share (face value ₹10, premium ₹283)
• Total issue size amounts to approximately ₹71.49 crore
• AGI Group Holdings Inc. allocated 22,77,100 shares and Monoflus Pte. Ltd. allocated 1,62,650 shares

Standard Engineering Technology Limited (SETL) announced that shareholders at its 14th AGM on September 18, 2026, approved the reappointment of M/s. M S K A & Associates LLP as Statutory Auditors. The reappointment is for a second term of five consecutive years, spanning FY26-27 through FY30-31 (from the conclusion of the 14th AGM to the 19th AGM). M S K A & Associates LLP is an established ICAI- and US PCAOB-registered audit firm operating across 12 cities in India. This is a standard statutory governance renewal with no operational or financial impact.

• Shareholders approved reappointment at the 14th AGM held on September 18, 2026
• Statutory auditor term approved for a second 5-year period covering FY26-27 to FY30-31
• Auditor to serve until the conclusion of the 19th Annual General Meeting
• Audit firm M S K A & Associates LLP was established in 1978 and operates across 12 cities in India

Standard Engineering Technology Limited has declared the voting results and scrutinizer report for its 14th Annual General Meeting held on September 18, 2026. All five ordinary resolutions were approved by shareholders with over 99.9% majority votes in favour. These included the adoption of FY26 financial statements, the re-appointment of directors retiring by rotation, cost auditor remuneration ratification, and the re-appointment of M/s MSKA & Associates LLP as statutory auditors. Total voter turnout across e-voting platforms stood at 15.68 crore shares, representing 78.60% of outstanding voting shares.

• All 5 ordinary resolutions passed with requisite majority on September 18, 2026
• 15,67,96,699 votes (100.00%) cast in favour of adopting FY26 audited financial statements against 2 votes opposing
• Total voter turnout was 78.60% of outstanding voting shares (15,67,96,701 shares polled out of 19,94,91,662)
• Re-appointment of M/s MSKA & Associates LLP as statutory auditors approved with 99.9987% votes in favour
• A total of 214 members participated in the voting process (207 via remote e-voting and 7 at the AGM venue)

Standard Engineering Technology Limited (SETL) concluded its 14th Annual General Meeting on September 18, 2026, held via Video Conferencing. A total of 103 members representing 12,06,41,754 equity shares attended the proceedings. Key ordinary resolutions transacted included the adoption of FY26 financial statements, reappointment of retiring directors Mrs. Krishna Veni Kandula and Mr. Kandula Ramakrishna, ratification of cost auditor remuneration for FY27, and reappointment of M/s MSKA & Associates LLP as Statutory Auditors. The final voting results will be declared and intimated separately.

• 103 members attended representing 12,06,41,754 equity shares
• AGM commenced at 11.00 A.M. and concluded at 12:49 P.M. on September 18, 2026
• Transacted adoption of FY26 audited standalone and consolidated financial statements
• Considered re-appointment of M/s. M S K A & Associates LLP as Statutory Auditors

Standard Engineering Technology Limited has announced its participation in the 'HIC Money Purse Finserv Emerging Stars 2026' investor conference. The event is scheduled for September 19, 2026, from 9:00 AM to 4:00 PM IST in Hyderabad. The meetings will be conducted in person, with discussions strictly limited to publicly available company and industry information. No unpublished price sensitive information will be shared.

• Participation scheduled for Saturday, September 19, 2026
• Event timings are set from 9:00 AM to 4:00 PM (IST)
• In-person meeting taking place in Hyderabad
• Organized by Money Purse Finserv LLP

Standard Engineering Technology Limited (SETL) has submitted clarifications in response to NSE observations regarding its preferential equity issue. The company executed an amendment agreement on August 24, 2026, slightly reducing the non-cash consideration from Rs 65.00 crore to Rs 64.999 crore to resolve fractional share rounding, revising swap shares to 22,18,403 at Rs 293 per share to acquire a 17.45% stake in GScale Energy Private Limited. Additionally, SETL confirmed a cash preferential allotment of 24,39,750 shares to non-promoter investors (AGI Group Holdings and Monoflus Pte. Ltd.). Post-allotment, the expanded fully diluted equity base will stand at 20,47,49,815 shares.

• Non-cash share swap consideration revised to Rs 64,99,92,079 (from Rs 65,00,00,283) to adjust for fractional shares
• Swap shares adjusted to 22,18,403 equity shares at Rs 293 per share (FV Rs 10, Premium Rs 283) for 17.45% stake in GScale Energy
• Cash preferential issue entails 24,39,750 shares to non-promoters AGI Group Holdings (22,77,100 shares) and Monoflus Pte. Ltd. (1,62,650 shares)
• Post-issue fully diluted equity base expands to 20,47,49,815 shares, factoring in 6,00,000 outstanding ESOPs

Standard Engineering Technology Limited (SETL) has issued the notice convening its 14th Annual General Meeting on Friday, September 18, 2026, via Video Conferencing. Ordinary business includes the adoption of FY26 audited financial statements and the re-appointment of rotational directors Mrs. Krishna Veni Kandula and Mr. Kandula Ramakrishna. Special business items cover the ratification of cost auditor remuneration of Rs 75,000 for FY27 and the re-appointment of statutory auditors M/s M S K A & Associates LLP for a 5-year term at an annual remuneration of Rs 27,00,000.

• 14th AGM scheduled to be held on September 18, 2026, at 11:00 AM IST via Video Conferencing.
• Proposed reappointment of Statutory Auditors M/s M S K A & Associates LLP for a second term of 5 consecutive years at an annual remuneration of Rs 27,00,000 plus GST.
• Proposed ratification of Cost Auditor M/s G K & Associates remuneration of Rs 75,000 plus GST for FY27.
• Re-appointment of retiring directors Mrs. Krishna Veni Kandula (holding 3,71,89,120 shares) and Mr. Kandula Ramakrishna (holding 4,40,64,000 shares).