Standard Engineering Technology Acquires 51% Stake in GScale Energy for ₹190 Crore

Board approved acquisition of up to 51% in GScale Energy Private Limited for Rs 190 Cr (Rs 125 Cr cash + Rs 65 Cr share swap) as part of a Rs 500 Cr phased investment in AI datacenter engineering. FY2026 revenue ~Rs 793 Cr; management targets 40-50% core revenue growth in FY2027 and ~Rs 250 Cr from the new vertical.