Standard Engineering Technology completes Phase I investment in GL HAKKO Co., Ltd., Japan
Standard Engineering Technology · Industrial Manufacturing
Key highlights
- Acquired 19.19% of issued, subscribed, and paid-up capital of GL HAKKO Co., Ltd.
- Phase I investment payment completed through prescribed banking channels as of July 24, 2026
- Phase II plans up to 31.88% additional stake subject to regulatory approvals, aiming total 51.07% ownership
Why it's rated notable: Phase I is completed with remittance made and the Share Subscription and Shareholders' Agreements executed, giving a 19.19% stake in GL HAKKO, but the filing states no consideration amount, so the level stays at medium.
Original filing
Announcement under Regulation 30 (LODR)-Updates on Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Manufacturing
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.