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Standard Engineering Technology Limited has approved the issuance of ~24.4 lakh equity shares for cash and ~22.2 lakh shares via share swap. The share swap consideration has been slightly revised to Rs. 64.99 Cr, impacting the number of shares issued to ~22.18 lakh.
Standard Engineering Technology Limited conducted its Q1 FY27 earnings conference call, focusing on strong financial performance and strategic expansions. Revenue reached INR250 Cr, a 41% YoY increase, with EBITDA at INR44 Cr (+27% YoY) and PAT at INR26 Cr (+26% YoY), maintaining EBITDA margins around 17.5%. The company is expanding...