---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-022576"
form_type: "8-K"
ticker: "SXI"
cik: "0000310354"
company_name: "STANDEX INTERNATIONAL CORP/DE/"
filed_at: "2026-07-02T21:14:00+00:00"
generated_at: "2026-07-02T21:16:37.193911+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Standex acquires remaining 9.9% of Narayan Powertech for $64M cash

## Summary
- Acquired remaining 9.9% interest in Narayan Powertech for ~$64M cash, gaining 100% ownership.
- Original share swap for minority stake abandoned after RBI approval not obtained by Oct 2025; put/call options replaced with direct cash purchase.
- Narayan is a manufacturer of low/medium voltage instrument transformers; combined with Standex Grid to create stronger global transformer player.
- Closing occurred July 2, 2026; Shareholders' Agreement terminated with no early termination penalty.
- CEO David Dunbar and MD Chirag Shah comment on smooth integration and increased customer value.

## SEC filing metadata
- accession: 0001437749-26-022576
- form_type: 8-K
- ticker: SXI
- cik: 0000310354
- company_name: STANDEX INTERNATIONAL CORP/DE/
- filed_at: 2026-07-02T21:14:00+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310354/000143774926022576/0001437749-26-022576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310354/000143774926022576/sxi20260701_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-022576
- JSON: https://secwatch.observer/filing/0001437749-26-022576.json
- Plain text: https://secwatch.observer/filing/0001437749-26-022576.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.