Tag: Standard Engineering Technology
MANUFACTURING Standard Engineering To Buy 19.19% Stake In Japan’s GL Hakko For ₹70 Cr

Standard Engineering Technology Ltd. (SETL) will acquire a 19.19% stake in Japan-based GL Hakko Co. Ltd. for ₹70 crore through internal accruals, strengthening its presence in the global glass-lined process equipment market. The company also has the option to raise its stake by another 31.88% over the next three years by investing ₹116.70 crore at […]

CW Bureau · Jul 7, 2026
STARTUP/TECHNOLOGY SETL Bets Big On AI Datacentre Boom With Acquisition Of GScale Energy

Standard Engineering Technology Ltd (SETL) is making a decisive push into India’s fast-growing AI datacentre infrastructure market by acquiring a majority stake in GScale Energy Pvt Ltd, aiming to localise the manufacturing of critical power and cooling equipment that is currently largely imported. The precision engineering company has announced the acquisition of up to a […]

CW Bureau · Jun 29, 2026