New Delhi, June 25 -- Standard Engineering shares are likely to remain in focus in Friday's trade, June 26, after the company approved the acquisition of up to a 51% equity stake in GScale Energy Private Limited, an integrated engineering platform focused on AI data-centre engineering infrastructure products and solutions.

SETL plans to acquire the majority stake through a combination of primary capital infusion and a strategic share-swap arrangement with GScale Energy's existing shareholders. The company has committed around Rs.190 crore for the Phase I investment.

As part of a broader phased programme, SETL has approved a total investment of around Rs.500 crore, which will be deployed towards equity acquisition, capacity expansion, an...