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Corporate News - Detailed News Back
Standard Engineering Technology completes acquisition of GScale Energy, share swap with Truplusco
04-Aug-26   16:57 Hrs IST
Standard Engineering Technology Limited has updated its Extraordinary General Meeting (EGM) notice to reflect adjustments related to the acquisition of GScale Energy Private Limited and a share swap with Truplusco India LLP. The acquisition involves the allotment of 24,39,750 equity shares, while the share swap will see 22,18,431 shares allotted. A minor consideration difference of Rs. 8,248 in the share swap will be settled through banking channels. Updated valuation reports for both GScale Energy and Standard Engineering Technology Limited, along with a Practicing Company Secretary certificate confirming NSE checklist compliance, are available on the company’s website. The revised shareholding patterns, incorporating 6,00,000 outstanding ESOPs, are also reflected in the notice, which is dated August 4, 2026, and signed by Company Secretary Kallam Hima Priya.

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