SALASARNSESalasar Techno Engineering LimitedMediumNeutral
Announced Fri, 1 May · 19:40 IST

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.

Nclt Scheme FiledListed Co AcquisitionStrategic Transactions View source PDF

SALASAR · price

Loading chart…

▲ 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 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.

Likely market impact

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.