The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on January 02, 2026 for Standard Holdings ....
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Promoter entity Standard Holdings has pledged 42,57,144 equity shares (2.13% of total share capital) of Standard Engineering Technology Ltd on December 31, 2025. The pledged shares represent approximately 92.5% of the promoter's total holding of 46,01,461 shares (2.30% of the company). Two separate pledges were created: 17,85,715 shares in favour of Bajaj Finance Limited against a loan of ₹10 crore, and 24,71,429 shares in favour of Tata Capital Limited against ₹17.30 crore, totalling ₹27.30 crore. The current market value of the pledged shares is about ₹63.50 crore. The loan is stated to be for personal purposes and is not for the benefit of the listed company.
This is a creation of a new pledge by the promoter for personal borrowing, not a pledge invocation or release. Since almost all of the promoter's shares are now pledged, any sharp drop in the share price could trigger margin calls. Shareholders should monitor the stock price and any future disclosures regarding the pledged shares.