Standard Engineering Technology Limited
Amansa Holdings has dropped off Standard Engineering Technology Limited's major shareholder list after previously holding a 3.63 percent stake, signaling either a total exit or a reduction to below the 1 percent reporting threshold.
A manufacturer of specialized engineering equipment serving India's pharmaceutical and chemical industries, Standard Engineering Technology designs and produces machinery tailored for these sectors' unique production needs. Incorporated in 2012, the company focuses on delivering customized solutions that address specific processing and production requirements of its diverse client base. Its operations center on developing high-performance equipment that supports manufacturing efficiency, operational reliability, and strict compliance standards within these highly regulated industrial sectors.
Singapore-based India-dedicated equity fund founded in 2006 by Akash Prakash (ex-GIC, ex-Temasek India). Concentrated long-only strategy with ~20 listed positions and a disclosed book value of roughly Rs 17,000 cr across names like GMM Pfaudler, Fortis Healthcare, V-Mart Retail and Eicher Motors. One of the original India-only foreign hedge funds, with ~USD 1 bn+ in assets.