The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Asahi Glassplant Inc.
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Asahi Glassplant Inc., classified as a Public Shareholder (non-promoter), acquired 34,83,000 equity shares (1.75%) of Standard Engineering Technology Limited via an inter-se off-market transfer on May 8, 2026. The shares were transferred from the acquirer's Persons Acting in Concert (PACs) — GL HAKKO CO., LTD and MONOFORM MANAGEMENT SUPPORT INC. — to Asahi Glassplant Inc. itself, consolidating holdings within the same group. Total holding of Asahi Glassplant Inc. and PACs before and after the transaction remains unchanged at 2,08,98,000 shares (10.48% of paid-up equity capital). The company confirms no acquisition of control or change in management, and that no UPSI was held at the time of the transaction.
This is an internal reorganisation among public shareholders with no change in overall shareholding, so it has no direct impact on the company's capital structure or shareholder dynamics.