Standard Engineering Technology Limited
NSE: SETL | Information Technology
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SETL pays ₹70 crore for stake in Japan’s GL Hakko, eyes majority control within three years
SETL will fund the investment entirely from internal accruals without taking on external debt
Read Full Analysis →Multibagger small cap stock Standard Engineering share price to be in focus on Monday; here's why
SETL's acquisition of a controlling stake in GScale Energy marks its entry into the AI data centre market. With a strategic investment of ₹500 crore, SETL seeks to leverage GScale's expertise for growth, targeting 40-50% increase in core revenue by FY2027.
Read Full Analysis →Paytm Block Deal: Rs 960-Crore Stake To Change Hands; Elevation Capital Among Sellers
The expected setllement date is May 25.
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Cash, with caveats: Is Sebi about to nudge the door open for agri-commodities?
Cash settlements may debut on setlect agricultral commodity derivatives, with some conditions. The move, greenlit by a Sebi committee, aims to balance the need to manage risks and deepen farm derivatives.
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