SETL pays ₹70 crore for stake in Japan’s GL Hakko, eyes majority control within three years

Standard Engineering Technology Limited (SETL), formerly Standard Glass Lining Technology Limited, announced on Monday a phased equity investment in GL Hakko Co., Ltd., a Japanese manufacturer of glass-lined process equipment, with an initial outlay of ₹70 crore for a 19.19 per cent stake.

Raccontata dathehindubusinessline.com