Standard Engineering Technology Limited has informed the Exchange regarding Change in Director(s) of the company.
SETL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Standard Engineering Technology Limited held its Board Meeting on May 14, 2026, approving Q4 and full-year FY26 financial results. The company reported consolidated revenue of Rs. 77,410 Lakhs (up 26% YoY from Rs. 61,366 Lakhs) and net profit of Rs. 8,304 Lakhs (up 21% YoY from Rs. 6,865 Lakhs). EPS improved to Rs. 4.01 from Rs. 3.47. The Board also approved two director changes: Mr. Yasuyuki Ikeda's designation changed from Non-Executive to Executive Director (he is CEO of AGI Group, Japan with 25+ years experience), and appointed Mr. Kancherla Uma Maheswara Rao as an Independent Director (IIT Madras graduate with 38 years in precision engineering and software development). Internal auditors M/s. KY & Co. were re-appointed for FY27. Statutory auditors issued an unmodified opinion on the audited financials.
Strong financial performance with 26% revenue growth reflects solid execution. The change in Mr. Ikeda's designation to Executive Director strengthens executive leadership. The new Independent Director appointment enhances board independence, which is positive for governance.