Investor Presentation

Here's a summary for retail investors on Twitter, focusing on Standard Engineering Technology Limited's strategic investment: **Business Performance:** SETL is stepping up its global ambitions with a strategic investment in Japan's GL Hakko, a leader in advanced glass-lined process equipment.

This move is set to enhance SETL's position as India's largest glass-lined equipment manufacturer by FY27. **Growth Drivers or Strategy:** The core strategy is to leverage GL Hakko's unique, proprietary glass-lining technologies, including conductivity glass and semiconductor-grade glass.

This will unlock access to a combined addressable market exceeding $3.5 billion, particularly in the fast-growing semiconductor wet-chemicals segment. **Recent Developments:** SETL is acquiring an initial 19.19% stake in GL Hakko for ₹70 Cr, funded by internal accruals.

They also hold the right to increase their stake to 51.07% within 2-3 years at a locked-in valuation. **Key Financial Metrics:** Not applicable for this summary. **Management Commentary / Outlook:** This investment is a direct step towards global leadership in the glass-lining market.

The phased approach and long-standing partnership (10 years) de-risk the integration and pave the way for significant capacity expansion and capability enhancement at GL Hakko.