we are pleases to inform that the NCLT convened meeting of Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company is scheduled to be held on Friday, June 05, 2026 ....
SALASAR · price
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Salasar Techno Engineering Limited has announced NCLT-convened meetings for equity shareholders, secured creditors, and unsecured creditors to consider a Scheme of Amalgamation. Under this scheme, Hill View Infrabuild Limited (Transferor Company) will merge into Salasar Techno Engineering Limited (Transferee Company). The NCLT Allahabad Bench issued an order on April 6, 2026 directing these meetings. Meetings are scheduled for June 5, 2026 at 12:00 PM (shareholders), 3:00 PM (secured creditors), and 4:00 PM (unsecured creditors) via video conferencing. 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 creditors' cut-off date is December 31, 2025. This is a routine corporate restructuring exercise under Sections 230-232 of the Companies Act, 2013.
Shareholders should note this is a routine amalgamation that, if approved, will result in Hill View Infrabuild merging into Salasar Techno Engineering. The stock may see mild volatility around the meeting date as the outcome affects the share structure of the merged entity.