Announced Tue, 11 Aug · 17:42 IST
Salasar shareholders approve Hill View Infrabuild merger scheme
SALASAR · price
▲ 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
+1.4%1-day move
₹5.80
prior close
₹5.79
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.2+0.0-0.2+1.4+3.1+4.5+5.0+4.0+2.6-2.2-16.9——
Up moveDown movePending
AI summary
NCLT-convened shareholder meeting on Aug 8, 2026 approved the Scheme of Amalgamation of Hill View Infrabuild with Salasar Techno Engineering. 99.75 percent of votes polled were in favour overall, and 98.11 percent from public shareholders. Swap ratio: 2,87,430 new equity shares of Rs 1 plus 8,358 5 percent non-cumulative CRPS of Rs 10 for every 100 Hill View shares. Appointed date April 1, 2025. Next step: NCLT sanction.
Likely market impact
Scheme moves to NCLT for final approval. If sanctioned, Hill View merges into Salasar with minor equity dilution and CRPS issuance.