Salasar Techno Engineering Limited has informed the Exchange regarding Proceedings of Court Convened General Meeting of Equity Shareholders, Secured Creditors & Unsecured Creditors of the company, held on Jun 05, 2026.
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Salasar Techno Engineering informed the stock exchange about the outcome of a Court Convened Meeting (CCM) of equity shareholders, secured creditors, and unsecured creditors held on June 5, 2026. Such meetings are a mandatory procedural step under the NCLT process for seeking approval of a scheme of arrangement, merger, demerger, or corporate restructuring. The meeting required approval from all three classes of stakeholders — shareholders and both categories of creditors — before the proposed scheme can be sent to the NCLT for final sanction. The filing indicates that the company is progressing through the regulatory approval stages of a structural corporate action.
This is a procedural update in an ongoing NCLT-led restructuring or scheme of arrangement. Shareholders should await the detailed voting results and the next hearing date, as the outcome will determine whether the scheme moves towards final NCLT approval, which could materially affect the company's capital structure or business profile.