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Standard Engineering Technology secures Rs 71.48 crore investment from AGI Group and Monoflus
16-Oct-2026, 11:17

Standard Engineering Technology Limited, formerly known as Standard Glass Lining Technology Limited, announced that its board has allotted 24,39,750 fully paid-up equity shares at a price of Rs 293 per share, including a premium of Rs 283, to non-promoter investors, totaling Rs 71,48,46,750. The allotment, made on a preferential basis to AGI Group Holdings Inc. and Monoflus Pte. Ltd., follows approvals from the BSE Limited and National Stock Exchange of India Limited and a special resolution passed by shareholders on August 10, 2026.