Standard Engineering Technology completes acquisition of 33.55% stake in GScale Energy
Standard Engineering Technology · Industrial Manufacturing
Key highlights
- Acquired 33.55% paid-up equity share capital of M/s. GScale Energy Private Limited as of July 30, 2026
- Full cash consideration remitted per Shareholders and Share Subscription Agreements; equity shares allotted by GScale on July 30, 2026
- Balance consideration to be paid via share swap making GScale a subsidiary subject to approvals and conditions
Why it's rated notable: The filing confirms a completed binding acquisition of a 33.55% stake, but it states no consideration value, so the level stays at medium, and the balance share swap remains subject to approvals.
Original filing
Announcement under Regulation 30 (LODR)-Updates on Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Aerospace & Defense
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
More from Standard Engineering Technology
- Fundraise / allotmentNotableStandard Engineering Technology Ltd receives in-principle approval for preferential issue
- Board / shareholder meeting outcomeNotableStandard Engineering Technology Limited announces voting results of EGM held on August 10, 2026
- Fundraise / allotmentNotableStandard Engineering Technology Limited reports Q1 FY27 results and strategic advances
- Acquisition / mergerNotableStandard Engineering Technology completes Phase I investment in GL HAKKO Co., Ltd., Japan
Other acquisition / merger filings this fortnight
- Indo Borax reports H1FY27 consolidated operating income up 16.0% to Rs 129.29 crore
- Manoj Agrawal Acquires 1.00 Crore Shares in Cubical Financial Services Limited
- IndiGrid Infrastructure Trust Q2 FY27 Earnings Conference Call Transcript Released
- Cubical Financial Services Ltd announces promoter reclassification post open offer
- Novus Loyalty Limited approves acquisition of AutoPe Payment Solutions via share swap
- Shish Industries Limited files Composite Scheme of Amalgamation proposal
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Manufacturing
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
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.