16-Oct-2026 10:35:19
SETLGeneral news
SETL RAISED RS 71.48 CR FUNDS VIA PREFERENTIAL ALLOTMENT @ ₹293/SHARE
• Allotted 24,39,750 fully paid-up equity shares of face value ₹10 each at ₹293/share (premium ₹283) • Total consideration ~₹71.48 Cr received; shares rank pari passu with existing equity • Allottees: AGI Group Holdings Inc 22,77,100 shares (1.11% post-issue) and Monoflus Pte Ltd 1,62,650 shares (3.58% post-issue) • Issue on preferential basis to non-promoter investors, with lock-in as per ICDR Chapter V • Company to apply to stock exchanges for listing and trading approval of allotted shares Impact: Neutral (Modest ₹71.48 Cr non-promoter preferential allotment adds equity capital with limited dilution)
Standard Engineering Technology Ltd
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