SALASARBSESalasar Techno Engineering LtdMinimalNeutral
Announced Fri, 1 May · 19:53 IST

Please find enclosed copy of Newspaper publication regarding the Notice of convening the meeting of Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company under the ....

SALASAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹7.38
prior close
₹7.49
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.4+0.5+0.3+1.2+3.3+6.4+4.5+1.4-3.4-2.2-5.8-16.9
Up moveDown movePending
AI summary

Salasar Techno Engineering Limited has published newspaper advertisements notifying meetings of its Equity Shareholders, Secured Creditors, and Unsecured Creditors scheduled for May 6, 2026. These meetings are being convened as per an order of the NCLT (Allahabad Bench) for the Scheme of Amalgamation of Hill View Infrabuild Limited (Transferor Company) with Salasar Techno Engineering Limited (Transferee Company). Separate meetings for each class of stakeholders will be held via video conferencing — Equity Shareholders at 12:00 PM, Secured Creditors at 3:00 PM, and Unsecured Creditors at 4:00 PM. Voting on the scheme will be available through CDSL e-voting and physical ballot. The advertisements were published in Business Standard in both English and Hindi editions on May 1, 2026.

Likely market impact

This is a regulatory step in the merger process. Shareholders and creditors should review the scheme details carefully, as approval from all three classes of stakeholders is required before the NCLT can sanction the amalgamation. The deal is progressing but has not yet been completed.