Standard Engineering Technology Limited Receives Revised CA Certificate for Name Change

2 min read     Updated on 15 Dec 2025, 06:19 PM
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Ashish TScanX News Team
Overview

Standard Engineering Technology Limited has received a revised CA certificate from M S K A & Associates on January 08, 2026, completing regulatory compliance under SEBI Regulations 30 and 45 following its name change from Standard Glass Lining Technology Limited. The certificate confirms compliance with key regulatory conditions including time elapsed since last name change and revenue thresholds from new activities.

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Standard Glass Lining Technology Limited has completed its regulatory compliance process following the name change to Standard Engineering Technology Limited, with the company receiving a revised CA certificate on January 08, 2026, as required under SEBI Regulations 30 and 45. This follows the MCA approval received on December 29, 2025, for the corporate transformation that began with overwhelming shareholder approval through postal ballot on December 14, 2025.

Revised CA Certificate Compliance

The company has obtained the revised CA certificate from M S K A & Associates, Chartered Accountants, pursuant to NSE's requirement dated January 05, 2026. The certificate confirms compliance with three key regulatory conditions under SEBI LODR Regulations.

Compliance Requirements Status
Time Period Since Last Name Change 1 year elapsed
Revenue from New Activities Less than 50% of total revenue
Investment in New Activities Less than 50% of company assets
Auditor M S K A & Associates (ICAI Firm No. 105047W)
Certificate Date January 08, 2026

MCA Approval and Corporate Transformation

The company received official approval from the Registrar of Companies, Central Processing Centre, Ministry of Corporate Affairs (MCA) for its name change to Standard Engineering Technology Limited, effective December 29, 2025. The Certificate of Incorporation pursuant to change of name has been issued by MCA, making the transformation legally effective.

Corporate Change Details Information
Previous Name Standard Glass Lining Technology Limited
New Name Standard Engineering Technology Limited
MCA Approval Date December 29, 2025
BSE Scrip Code 544333
NSE Symbol SGLTL
Legal Status MOA and AOA altered to reflect name change

Shareholder Approval and Voting Results

The transformation was initiated through a comprehensive postal ballot process conducted from November 15, 2025 to December 14, 2025, with 258 members participating in the remote e-voting facilitated by National Securities Depository Limited (NSDL). The company name change received 99.99% approval with 15,58,78,972 votes in favour out of 15,58,83,808 total votes polled.

Major Resolutions Total Votes Polled Votes in Favour Approval %
Company Name Change 15,58,83,808 15,58,78,972 99.99
Objects Clause Amendment 15,58,83,808 15,58,78,912 99.99
ESOP Scheme 2024 Ratification 15,58,83,806 15,58,76,072 99.99
ESOP for Associate Employees 15,58,83,808 15,50,25,759 99.44

Enhanced Business Scope

The approved amendments to the Main Objects Clause III(A) of the Memorandum of Association reflect the company's expanded business activities beyond glass-lined equipment manufacturing. The revised scope encompasses advanced engineering and manufacturing for pharmaceutical, chemical, food, beverages, nuclear, power, refinery, petrochemical, semiconductor, and allied industries, along with detailed engineering services across multiple disciplines and strategic alliances for technology transfer and innovation.

Corporate Communication and Compliance

The official intimation regarding the revised CA certificate was signed by Kallam Hima Priya, Company Secretary & Compliance Officer, and submitted to both BSE Limited and National Stock Exchange of India Limited on January 08, 2026. The company maintains its registered office at D-12, Phase-I, IDA Jeedimetla, Hyderabad-500055, with corporate office at 10th Floor, PNR High Nest, Hydernagar, KPHB Colony, Hyderabad-500085.

Historical Stock Returns for Standard Engineering Technology

1 Day5 Days1 Month6 Months1 Year5 Years
+0.61%-7.84%-20.36%-37.51%-33.15%-29.24%
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Standard Glass Lining Technology Completes 51% Acquisition of C2C Engineering

1 min read     Updated on 19 Nov 2025, 10:45 PM
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Reviewed by
Shriram SScanX News Team
Overview

Standard Glass Lining Technology Limited (SGLTL) has completed the acquisition of a 51% stake in C2C Engineering Private Limited on November 19, 2025. The transaction, based on a Share Purchase Agreement from November 14, 2025, makes C2C Engineering a subsidiary of SGLTL. SGLTL gains board control with the right to nominate three out of five directors. Mr. Raghavan Nambi continues as Managing Director of C2C Engineering, while Mr. Ramarao Ravindran serves as a Director. SGLTL commits to completing all necessary post-acquisition filings within statutory timelines.

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Standard Glass Lining Technology Limited (SGLTL) has successfully finalized its acquisition of a majority stake in C2C Engineering Private Limited, marking a significant corporate move. The company announced the completion of the transaction on November 19, 2025, following the execution of necessary agreements and the transfer of purchase consideration.

Key Highlights of the Acquisition

  • Stake Acquired: SGLTL has acquired a 51% shareholding in C2C Engineering Private Limited.
  • Effective Date: The acquisition was completed on November 19, 2025.
  • Transaction Details: The purchase consideration has been remitted to the existing shareholders of C2C Engineering as per the Share Purchase Agreement (SPA) executed on November 14, 2025.
  • Governance Framework: A Shareholders' Agreement (SHA) was executed on the completion date, formalizing the post-acquisition governance structure.

Impact and Implications

  • Subsidiary Status: With this acquisition, C2C Engineering Private Limited has become a subsidiary of Standard Glass Lining Technology Limited.
  • Board Control: SGLTL now holds significant influence over C2C Engineering's board, with the right to nominate three out of five directors.
  • Management Continuity: Mr. Raghavan Nambi will continue as the Managing Director of C2C Engineering, while Mr. Ramarao Ravindran will serve as a Director.

Governance and Shareholding Structure

Aspect Details
Board Composition 5 directors (3 nominated by SGLTL, 2 from C2C Engineering)
SGLTL Shareholding 51% of C2C Engineering's equity
Remaining Shareholding 49% held collectively by existing shareholders

Regulatory Compliance

SGLTL has affirmed its commitment to complete all necessary post-acquisition filings under the Companies Act, 2013, including ROC filings, within the stipulated statutory timelines. The company has also made the required disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This strategic acquisition by Standard Glass Lining Technology Limited is expected to strengthen its market position and potentially create synergies between the two companies. Investors and stakeholders will be keenly watching how this acquisition impacts SGLTL's future growth and operational capabilities in the coming months.

Historical Stock Returns for Standard Engineering Technology

1 Day5 Days1 Month6 Months1 Year5 Years
+0.61%-7.84%-20.36%-37.51%-33.15%-29.24%
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1 Year Returns:-33.15%