Standard Glass Lining Technology Limited has informed the Exchange about Product launch
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Standard Glass Lining Technology Limited (SGLTL) has launched Glass-Lined Shell and Tube Heat Exchangers, developed under an exclusive 20-year license from Japan's AGI Group and its affiliate GL HAKKO. The product targets both domestic and international markets (all countries except Japan) and aims to replace conventional graphite heat exchangers, which are prone to contamination and failures. SGLTL estimates the Indian market opportunity at around ₹2,000 crore and the global opportunity at over $2 billion, with 150 advance orders already secured ahead of production. Manufacturing is set to begin by Q4 FY26 at a new facility with an initial capacity of about 200 units per month. The company also announced an exclusive deal to produce Conductivity Glass-Lined Reactors, another first for India, addressing static electricity hazards in process plants.
This is a positive development for shareholders as it opens a new, high-margin product line with significant addressable market potential and early customer traction. The long-term exclusive license and partnership with a globally respected Japanese firm also strengthens SGLTL's competitive positioning, though actual revenue contribution will only begin from late FY26.