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STANDARD ENGINEERING TECHNOLOGY LIMITED — Major Shareholding Notification 2026
May 11, 2026
59709_rns_2026-05-11_0ec34acf-ccdb-4ace-a2d5-ecad1f831344.pdf
Major Shareholding Notification
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AG!
Asahi Glassplant Inc.
Asahi Glassplant Inc.
1978 Takahama, Arao
Kumamoto 864-0025
Japan
+81 (0) 968 68 2121
[email protected]
www.agi.co.jp
CIN: 3300-01-018362
Date: May 11, 2026
| To, Standard Engineering Technology Limited (Formerly known as Standard Glass Lining Technology Limited) D.12, Phase-1, IDA Jeedimetla, Hyderabad, Telangana - 500055 | Listing Compliance Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001
SCRIP CODE: 544333 | Listing Compliance Department National Stock Exchange of India Limited Exchange Plaza, C-1 Block G, Bandra - Kurla Complex, Bandra (East) Mumbai - 400 051
SYMBOL: SETL |
| --- | --- | --- |
Subject: Disclosure under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("SEBI SAST Regulations") in relation to inter-se off-market acquisition of shares of Standard Engineering Technology Limited by Asahi Glassplant Inc.
Dear Sir/Madam,
Pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("SAST Regulations"), we hereby submit the disclosure in respect of acquisition of 34,83,000 equity shares of face value of Rs. 10/- each of Standard Engineering Technology Limited (Formerly known as Standard Glass Lining Technology Limited) ("Target Company") representing 1.75% of the total issued and paid-up equity share capital of the Target Company through off-market transaction on May 8, 2026. We, Asahi Glassplant Inc. along with our persons acting in concert ("PACs"), are presently classified as Public Shareholders of the Target Company. The aforesaid transaction is purely an inter-se transfer for consideration and does not result in the acquisition of control or any change in the management of the Target Company. Further, we confirm that the transaction has been undertaken in compliance with the applicable provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and that neither we nor our PACs were in possession of any unpublished price sensitive information ("UPSI") at the time of undertaking the transaction.
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AGI
Asahi Glassplant Inc.
Asahi Glassplant Inc.
1978 Takahama, Arao
Kumamoto 864-0025
Japan
+81 (0) 968 68 2121
[email protected]
www.agi.co.jp
CIN: 3300-01-018362
Please see enclosed a disclosure of the change in shareholding of Asahi Glassplant Inc. in the Target Company pursuant to the aforesaid acquisition, in terms of Regulation 29(1) of the SEBI SAST Regulations.
We request you to take this on record and acknowledge receipt of the same.
For and on behalf of Asahi Glassplant Inc.


Authorized Signatory
Encl: As above
[ここに入力]
AG!
Asahi Glassplant Inc.
Asahi Glassplant Inc.
1978 Takahama, Arao
Kumamoto 864-0025
Japan
+81 (0) 968 68 2121
[email protected]
www.agi.co.jp
CIN: 3300-01-018362
Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Part-A - Details of the Acquisition
| Name of the Target Company (TC) | Standard Engineering Technology Limited (Formerly Known as Standard Glass Lining Technology Limited) (“Target Company”) | ||
|---|---|---|---|
| Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer | Acquirer: Asahi Glassplant Inc. | ||
| Persons Acting in Concert (“PACs”): GL HAKKO CO., LTD and MONOFORM MANAGEMENT SUPPORT INC. | |||
| Whether the acquirer belongs to Promoter/ Promoter Group | No | ||
| Name(s) of the Stock Exchange(s) where the shares of TC are Listed | BSE Limited and National Stock Exchange of India Limited | ||
| Details of the acquisition / disposal as follows | Number | % w.r.t. total share/ voting capital wherever applicable | % w.r.t. total diluted share/ voting capital of the Target Company (**) |
| Before the acquisition under consideration, holding of the acquirer along with PACs of: | |||
| a) Shares carrying voting rights: |
[ここに入力]
AG!
Asahi Glassplant Inc.
Asahi Glassplant Inc.
1978 Takahama, Arao
Kumamoto 864-0025
Japan
+81 (0) 968 68 2121
[email protected]
www.agi.co.jp
CIN: 3300-01-018362
| (i) Acquirer: Asahi Glassplant Inc. | 69,66,000 equity shares | 3.49## | 3.49## |
|---|---|---|---|
| (ii) Persons Acting in Concert (“PACs”): GL HAKKO CO., LTD and MONOFORM MANAGEMENT SUPPORT INC. | 34,83,000 equity shares and 1,04,49,000 equity shares | 1.75## and 5.24## | 1.75## and 5.24## |
| Total (i) and (ii) | 2,08,98,000 equity shares | 10.48## | 10.48## |
| b) Shares in the nature of encumbrance (pledge/ lien/ non- disposal undertaking/ | Nil | Nil | Nil |
| c) Voting rights (VR) otherwise than by shares | Nil | Nil | Nil |
| d) Warrants/ convertible securities/ any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) | Nil | Nil | Nil |
| e) Total (a+b+c+d) | 2,08,98,000 equity shares | 10.48## | 10.48## |
| Details of acquisition/ sale: |
[ここに入力]
AG!
Asahi Glassplant Inc.
Asahi Glassplant Inc.
1978 Takahama, Arao
Kumamoto 864-0025
Japan
+81 (0) 968 68 2121
www.agi.co.jp
CIN: 3300-01-018362
| a) Shares carrying voting rights acquired/ sold | 34,83,000 equity shares | 1.75## | 1.75## |
|---|---|---|---|
| b) VRs acquired/ sold otherwise than by shares | Nil | Nil | Nil |
| c) Warrants/ convertible securities/ any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/ sold | Nil | Nil | Nil |
| d) Shares encumbered/ invoked/ released by the Acquirer | Nil | Nil | Nil |
| e) Total (a+b+c+d) | 34,83,000 equity shares | 1.75## | 1.75## |
| After the acquisition/ sale, holding of the acquirer along with PACs of: | |||
| a) Shares carrying voting rights | |||
| (i) Acquirer: Asahi Glassplant Inc. | 1,04,49,000 equity shares | 5.24## | 5.24## |
| (ii) Persons Acting in Concert (“PACs”): GL HAKKO CO., LTD and MONOFORM MANAGEMENT SUPPORT INC. | Nil and 1,04,49,000 equity shares | Nil and 5.24## | Nil and 5.24## |
| Total (i) and (ii) | 2,08,98,000 equity shares | 10.48## | 10.48## |
| b) Shares encumbered with by the acquirer | Nil | Nil | Nil |
| c) VRs otherwise than by shares | Nil | Nil | Nil |
[ここに入力]
AG!
Asahi Glassplant Inc.
Asahi Glassplant Inc.
1978 Takahama, Arao
Kumamoto 864-0025
Japan
+81 (0) 968 68 2121
www.agi.co.jp
CIN: 3300-01-018362
| d) Warrants/ convertible securities/ any other instrument that entitles the Acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after the acquisition/ | Nil | Nil | Nil |
|---|---|---|---|
| e) Total (a+b+c+d) | 2,08,98,000 equity shares | 10.48## | 10.48## |
| Mode of acquisition/ sale (e.g. open market/ off- market/ public-issue/-right-issue/ preferential allotment/ inter-se transfer etc.) | Inter-se off-market transfer with consideration | ||
| Date of acquisition of/-sale of shares/-VR or date of receipt of intimation of allotment of shares, whichever is applicable | May 08, 2026 | ||
| Equity share capital/ total voting capital of the TC before the said acquisition/-sale | INR 20,89,80,000 (2,08,98,000 equity shares of face value INR 10 each)# | ||
| Equity share capital/ total voting capital of the TC after the said acquisition/-sale | INR 20,89,80,000 (2,08,98,000 equity shares of face value INR 10 each)# | ||
| Total diluted share/voting capital of the TC after the said acquisition/-sale | INR 20,89,80,000 (2,08,98,000 equity shares of face value INR 10 each)# |
[ここに入力]
AGI
Asahi Glassplant Inc.
Asahi Glassplant Inc.
1978 Takahama, Arao
Kumamoto 864-0025
Japan
+81 (0) 968 68 2121
[email protected]
www.agi.co.jp
CIN: 3300-01-018362
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.
(#) As per the shareholding pattern of the Target Company dated March 31, 2026, disclosed on the website of BSE Limited.
(##) The percentage numbers have been rounded off to reflect the percentage up to two decimal points.
For and on behalf of Asahi Glassplant Inc.

デジタル署名者: YASUYUKI
IKEDA
日付: 2026.05.11 20:17:47
+09'00"
Authorized Signatory
