Go Back

Standard Engineering Technology Limited 1. Considered and approved the raising of funds through ...

Posted: 14 Jul 2026

Standard Engineering Technology Limited 1. Considered and approved the raising of funds through the issuance and allotment, on a preferential basis, of up to 24,39,750 (Twenty-Four Lakh Thirty-Nine Thousand Seven Hundred and Fifty) fully paid-up Equity Shares of face value of Rs. 10/- (Rupees Ten only) each for cash, at an issue price of Rs. 293/- (Rupees Two Hundred Ninety-Three only) per Equity Share including premium of Rs. 283.00/- per share on a preferential basis, determined under Regulation 166A read with Regulation 165 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 to proposed allottees as mentioned in Annexure I on preferential basis under the terms of SEBI (Issue of Capital & Disclosures Requirement) Regulation, 2018 subject to receipt of necessary approvals. 2. Considered and approved, pursuant to the applicable provisions of the Companies Act, 2013, the rules made thereunder, the applicable SEBI Regulations and subject to the necessary approvals, permissions and consents from the concerned statutory and regulatory authorities, the raising of funds through the issuance and allotment, on a preferential basis, of up to 22,18,431 (Twenty-Two Lakh Eighteen Thousand Four Hundred and Thirty One) fully paid-up Equity Shares of face value of Rs. 10/- (Rupees Ten only) each at an issue price of Rs. 293/- (Rupees Two Hundred Ninety-Three only) per Equity Share, including a premium of Rs. 283.00/- per Equity Share, on a preferential basis, determined under Regulation 166A read with Regulation 165 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, to M/s. Truplusco India LLP, for consideration other than cash pursuant to a Share Swap Agreement, in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, subject to the receipt of the necessary approvals, on the terms and conditions set out in Annexure II and Annexure III. 3. Considered and approved for increasing the limits for creation of charge on the assets of the company under section 180(1)(a) and 180(1)(c) of the Companies Act, 2013, subject to approval of Members of the Company by way of a Special Resolution. This proposal is an enabling approval to provide the Company with the financial headroom to secure larger fund-based and non-fund-based credit lines as project scale increases.