Standard Engineering Technology Share News - Latest Updates, Live News & More

Latest news about Standard Engineering Technology

Standard Engineering Technology Limited Launches New Corporate Identity Following Name Change 18 hrs ago Yesterday

Standard Engineering Technology Limited launched its new corporate identity on February 13, 2026, following its name change from Standard Glass Lining Technology Limited. The rebranding reflects the company's evolution into an integrated engineering platform while maintaining glass lining as a core business vertical. The new logo maintains design continuity but updates the company name text, emphasizing expanded capabilities in pharmaceutical, chemical, and process industries.

Standard Engineering Technology Reports Strong Q3FY26 Results with 36.7% Revenue Growth Jan 30, 2026

Standard Glass Lining Technology Promoter Pledges 37.22 Lakh Shares to Financial Institutions Jan 14, 2026

Standard Engineering Technology Limited Receives Income Tax Assessment Order Worth ₹1.65 Crore Jan 13, 2026

Standard Engineering Technology Promoter Pledges 9.41 Lakh Shares for Personal Borrowing Jan 13, 2026

More news about Standard Engineering Technology

13Jan 26

Standard Glass Lining Technology Promoter Pledges 37.22 Lakh Shares Worth ₹51.88 Crores

Standard Glass Lining Technology's promoter Ramakrishna Kandula pledged 37,21,804 equity shares (1.86% stake) worth ₹51.88 crores to Tata Capital, SMFG India Credit, and Bajaj Finance for personal borrowing. The pledge, created on January 09, 2026, represents 8.44% of his total 22.09% shareholding in the company.

13Jan 26

Standard Engineering Technology Promoter Pledges 9.41 Lakh Shares for Personal Borrowing

Standard Engineering Technology Limited disclosed that promoter K.V. Ramani pledged 9,41,124 equity shares (0.44% of total capital) to SMEG India Credit Co. Ltd on January 09, 2016, for personal borrowing. The pledged shares are valued at ₹13.12 crores against borrowing of ₹10.00 crores, providing 1.31x security cover. The pledge represents 0.78% of the promoter's total 15,00,000 shares (0.75% of company capital) and complies with SEBI disclosure requirements.

13Jan 26

Standard Engineering Technology Promoter Creates Pledge on 37.22 Lakh Equity Shares

Standard Engineering Technology Limited promoter Ramakrishna Kandula has pledged 37,21,804 equity shares (1.86% of share capital) to three financial institutions on January 09, 2026. The pledge covers personal borrowing and represents 3.08% of his total promoter holding of 22.09%. Shares are distributed among Tata Capital Limited, SMFG India Credit Company Limited, and Bajaj Finance Limited.

03Jan 26

Standard Glass Lining Technology Promoters Pledge 5.74% Stake for Personal Borrowing

Standard Glass Lining Technology's promoter S2 Engineering Services pledged 1,14,57,143 equity shares (5.74% stake) to SMFG India Credit and Tata Capital on December 31, 2025. The pledge secures personal borrowings worth ₹72.70 crores, with share value of ₹170.88 crores providing 2.35x coverage. The encumbrance represents 60.84% of promoter's total 9.44% holding in the company.

15Dec 25

Standard Engineering Technology Limited Receives Revised CA Certificate for Name Change

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.

19Nov 25

Standard Glass Lining Technology Completes 51% Acquisition of C2C Engineering

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.

13Nov 25

Standard Glass Lining Technology Reports Strong H1 FY26 Results, Proposes Name Change

Standard Glass Lining Technology Limited (SGLTL) reported robust financial results for H1 FY26 with total income of INR 366.00 crores, EBITDA of INR 69.00 crores, and PAT of INR 42.00 crores. The company faced export shipment deferrals worth INR 40.00-45.00 crores. SGLTL proposed changing its name to Standard Engineering Technology Limited and is acquiring a 51% stake in C2C Engineering for INR 12.25 crores. A new 36-acre manufacturing facility is planned with an investment of INR 120.00-130.00 crores. The current order book stands at INR 750.00-800.00 crores, with expected 20-25% growth for the year. SGLTL introduced new glass-lined heat exchangers and sees strong demand from large pharmaceutical companies.

07Nov 25

Standard Glass Lining Technology Reports Strong H1FY26 Growth, Announces Strategic Acquisitions

Standard Glass Lining Technology Limited (SGLTL) reported robust financial performance for H1FY26 with total income reaching ₹366.40 crore, a 17.4% YoY increase. The company's EBITDA grew by 9.6% to ₹68.70 crore, while net profit increased by 14.6% to ₹41.60 crore. SGLTL announced strategic acquisitions, including Scigenics for ₹9.00 crore and plans to acquire a 51% stake in C2C Engineering. The company also received approval to change its name to 'Standard Engineering Technology Limited' and plans a capex of ₹130.00 crore for facility expansion over the next 2-3 years.

06Nov 25

Standard Glass Lining Technology Reports Strong Q2 FY2026 Performance and No Deviation in IPO Fund Utilization

Standard Glass Lining Technology Limited (SGLTL) reported robust Q2 FY2026 financial results with total income of ₹188 crore and PAT of ₹20 crore. The company has utilized ₹137.76 crore of its IPO proceeds as per plan. SGLTL completed the acquisition of Scigenics (India) Private Limited for ₹9 crore and signed a term sheet to acquire 51% equity in C2C Engineering. The company plans to rename itself to Standard Engineering Technology Limited, reflecting its expanded capabilities. Metal Equipment and Pumps segment showed the highest revenue at ₹13,107.39 crore for Q2 FY2026.

05Nov 25

Standard Glass Reports Mixed Q2 Results with Revenue Growth but Lower Margins

Standard Glass Lining Technology Limited (SGLTL) reported mixed Q2 financial results. Revenue grew 10.9% year-over-year to ₹1.83 billion, while consolidated net profit increased to ₹201.80 million from ₹195.00 million. However, EBITDA declined to ₹286.10 million from ₹338.30 million, with EBITDA margin dropping to 15.66% from 20.46%. The company has undertaken strategic initiatives including a proposed name change, acquisitions, and amendments to its Employee Stock Option Scheme.

03Nov 25

Standard Glass Lining Tech Expands Portfolio with Strategic Acquisition of C2C Engineering

Standard Glass Lining Technology Limited (SGLTL) has agreed to acquire a 51% stake in C2C Engineering Private Limited for Rs. 122.4 million in cash. The acquisition is expected to complete within 45 days. C2C Engineering, incorporated in 2020, specializes in design, engineering services, and EPC contracts for various industries. The move aims to expand SGLTL's business portfolio, diversify services, and strengthen its market presence in critical process industries. The acquisition is expected to bring synergistic benefits such as faster project execution and enhanced innovation capabilities. C2C Engineering will become a subsidiary of SGLTL upon completion of the deal.

31Oct 25

Standard Glass Lining Technology's Subsidiary Acquires Scigenics India Business for Rs 9 Crore

Standard Scigenics Private Limited, a subsidiary of Standard Glass Lining Technology Limited (SGLTL), has agreed to acquire Scigenics (India) Private Limited as a going concern for Rs 9 crore in cash. The acquisition, announced on October 31, 2025, aims to strengthen SGLTL's product portfolio and market presence. Scigenics India, established in 1991, specializes in manufacturing process equipment for biotechnology, biologics, chemical, and industrial sectors. The deal includes changes to the board structure of Standard Scigenics, incorporating directors from both companies. The transaction is subject to conditions precedent and is not classified as a related party transaction.

17Sept 25

Standard Glass Lining Technology Expands with New Manufacturing Subsidiary

Standard Glass Lining Technology Limited (SGLTL) has incorporated a new subsidiary, Standard Scigenics Private Limited, on September 16, 2025. The subsidiary, with 51% shareholding by SGLTL, will focus on designing and supplying specialized equipment for biotechnology, pharmaceutical, and other high-tech industries. The new entity has an authorized share capital of Rs. 10.00 lakh and is registered in Hyderabad, Telangana.

13Sept 25

Standard Glass Lining Technology Removes Pre-IPO Provisions from Articles of Association

Standard Glass Lining Technology Limited (SGLTL) shareholders approved the deletion of Part B from the company's Articles of Association during its 13th AGM. This change removes pre-IPO provisions, including board representation rights, affirmative voting rights, and transfer restrictions. The alteration aligns the company's governance structure with its current public status, aiming for enhanced transparency and simplified decision-making. The special resolution passed with 99.99% votes in favor.

09Aug 25

Standard Glass Lining Technology Reports 23.6% Revenue Growth in Q1 FY26, Launches Innovative Heat Exchanger

Standard Glass Lining Technology Limited (SGLTL) reported a 23.6% year-over-year increase in total income to INR 178.00 crores for Q1 FY26. EBITDA grew by 31.9% to INR 35.00 crores, and profit after tax increased by 37.6% to INR 21.00 crores. The company launched Shell and Tube Glass-Lined Heat Exchangers and announced international expansion plans in Southeast Asia and the USA. SGLTL also revealed capacity expansion plans, including a INR 40-50 crores investment in automation and a new greenfield project. The company expects 20-25% revenue growth for the year and aims to increase exports from 4% to 12-15% of revenue.

04Aug 25

Standard Glass Lining Technology Reports Strong Q1 FY2026 Performance, Expands Global Footprint

Standard Glass Lining Technology Limited announced Q1 FY2026 results with total income of Rs. 178.00 crore, up 23.60% YoY. EBITDA increased 31.90% to Rs. 35.00 crore with a 19.50% margin. PAT surged 37.60% to Rs. 21.00 crore. The company established a US subsidiary and expanded into Southeast Asian markets. IPO proceeds of Rs. 131.62 crore were utilized for debt repayment and capital expenditure.

04Aug 25

Standard Glass Lining Technology Reports Strong Q1 Results with 37.6% PAT Growth

Standard Glass Lining Technology has reported impressive Q4 results, with total income rising 23.60% to ₹178.00 crores and Profit After Tax (PAT) increasing 37.60% to ₹21.00 crores. EBITDA grew 31.90% to ₹35.00 crores, while revenue from operations rose 22.00% to ₹173.10 crores. EBITDA margins improved to 19.50% from 18.20% last year. The company incorporated a US subsidiary and entered an agency agreement for Southeast Asian markets. Management expressed confidence in ongoing initiatives for technology development, product diversification, and international expansion.

11Jun 25

Standard Glass Lining Expands Footprint with New US Subsidiary

Standard Glass Lining Technology has announced the establishment of a wholly-owned subsidiary in the United States. This strategic move marks the company's entry into the US market, potentially opening up new growth opportunities and strengthening its global presence. The expansion could allow the company to gain direct access to US customers, enhance its competitive position in North America, streamline operations for serving US clients, and adapt to local market demands and regulations. While specific operational details are yet to be disclosed, this move may impact the company's market reach, revenue growth, operational efficiency, and facilitate technology transfer.

23May 25

Standard Glass Reports Q4 EBITDA and Net Profit Decline

Standard Glass, a leading glass manufacturer, reported a 34.91% year-over-year decrease in Q4 net profit to ₹151.00 crore. Revenue fell by 15% to ₹1,700.00 crore, while EBITDA decreased to ₹236.00 crore from ₹315.00 crore. The EBITDA margin also declined to 13.88% from 15.75%. However, the company maintained stable performance quarter-over-quarter, with a marginal increase in net profit from ₹150.00 crore in the previous quarter.

14May 25

Standard Glass Lining Technology Unveils Innovative Heat Exchanger in Collaboration with AGI Group

Standard Glass Lining Technology Ltd (SGLT) has introduced new Glass Lined Shell and Tube Heat Exchangers, developed in partnership with AGI Group of Japan. The company secured a 20-year exclusive license to manufacture and sell these products in India. The heat exchangers offer enhanced durability, improved safety, and efficiency, targeting pharmaceutical and chemical sectors. This launch positions SGLT as a key player in the industrial equipment market, addressing industry challenges like maintenance downtime, product quality, and operational safety.

14May 25

Standard Glass Lining Forges Strategic Partnership with Japan's AGI Group for Innovative Heat Exchangers

Standard Glass Lining has formed a strategic partnership with Japan's AGI Group to bring the world's first glass-lined shell and tube heat exchangers to the Indian market. This collaboration aims to address the growing demand for corrosion-resistant equipment in various industrial processes. The new technology offers superior corrosion resistance, improved thermal efficiency, extended equipment life, and potential cost-effectiveness. The partnership is expected to impact industries such as chemical manufacturing, pharmaceutical production, food and beverage processing, and petrochemical refining.

11Apr 25

Standard Glass Lining Technology Expands Export Reach with New Agency Agreement

Standard Glass Lining Technology Ltd. (SGLT) has entered a long-term agency agreement with Biocon Solutions to expand its export capabilities to Southeast Asian markets including Singapore, Indonesia, Malaysia, and Thailand. This strategic move aims to increase SGLT's international presence and potentially boost revenue from foreign sales.

11Mar 25

Standard Glass Lining Technology's Subsidiary Inks Export Deal with Gale Process Solutions

Standard Glass Lining Technology Limited's subsidiary, S2 Engineering Industry Private Limited, has signed an exclusive long-term supply agreement with Gale Process Solutions LLC, effective March 10, 2025. The deal allows S2 Engineering to export stainless steel, carbon steel, and nickel alloy-based products to specified countries, potentially boosting SGLTL's international presence and revenue. While the agreement's size is undetermined, it's expected to expand the company's cross-border market access and increase export sales.

10Mar 25

Standard Glass Lining Technology's Subsidiary Inks Export Deal with Gale Process Solutions

Standard Glass Lining Technology Limited's subsidiary, S2 Engineering Industry Private Limited, has entered into an exclusive long-term supply agreement with Gale Process Solutions LLC, effective March 10, 2025. The deal covers stainless steel, carbon steel, and nickel alloy-based products, enabling S2 Engineering to export to specified countries through Gale Process Solutions' customer base. While the financial impact is yet to be determined, this agreement signifies a major step in SGLTL's global expansion strategy.

Standard Engineering Technology

132.59

-0.61

(-0.46%)

1 Year Returns:-15.63%

Industry Peers