Shareholding11 May 2026, 07:51 pm
Asahi Glassplant Inc. Acquires 1.75% Stake in Standard Engineering
AI Summary
Asahi Glassplant Inc. acquired 34,83,000 equity shares (1.75%) of Standard Engineering Technology Ltd through an off-market transaction on May 8, 2026. This acquisition does not result in a change of control or management. Post-acquisition, Asahi Glassplant Inc. along with persons acting in concert (PACs), holds 10.48% of the company. The transaction complies with SEBI regulations, including insider trading rules.
Key Highlights
- Asahi Glassplant Inc. acquired 1.75% stake in Standard Engineering Technology Ltd.
- The acquisition was executed via an off-market transaction on May 8, 2026.
- Post-acquisition, total holding with PACs remains at 10.48%.
- The transaction does not trigger a change in control or management.
- The deal complies with SEBI's insider trading regulations.
Price Impact
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