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Acquisition / mergerFiled on BSE ·

Standard Engineering Technology Limited announces GScale Energy as subsidiary from Sept 28, 2026

Standard Engineering Technology · Industrial Manufacturing

What the filing says

  • Acquired control of GScale Energy Private Limited by appointing directors and controlling Board composition effective September 28, 2026
  • Holds 33.55% equity shares (50,495 shares) in GScale since July 30, 2026; acquisition cost approximately ₹190 crore via cash and share swap
  • GScale (incorporated May 15, 2026) is an AI Data Centre engineering platform based in Hyderabad, India, with no prior turnover before FY 2026-27

Original filing

Announcement under Regulation 30 (LODR)-Updates on Acquisition

Read the filing on BSE (PDF) →

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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.