Salasar Techno Engineering Limited has informed the Exchange regarding Notice of Court Convened General Meeting of Shareholders, Secured Creditors & Unsecured Creditors to be held on Jun 05, 2026 through VC/OAVM.
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Salasar Techno Engineering Limited has announced a Scheme of Amalgamation where Hill View Infrabuild Limited (Transferor Company) will merge into Salasar Techno Engineering Limited (Transferee Company). The NCLT Allahabad Bench has ordered meetings of Equity Shareholders, Secured Creditors, and Unsecured Creditors to be held on June 5, 2026 via VC/OAVM. Remote e-voting will be open from June 1 to June 4, 2026. The cut-off date for equity shareholder voting rights is May 29, 2026, while creditor cut-off is December 31, 2025. This is an ongoing process that was first disclosed in December 2024.
If approved, this amalgamation will consolidate Hill View Infrabuild into Salasar Techno, potentially expanding the company's operations and asset base. Shareholders should participate in the voting as the outcome may affect the company's future structure and valuation.