Salasar Techno Engineering Announces Fresh Shareholder Meeting for Amalgamation Scheme Approval
Salasar Techno Engineering Limited has announced the convening of a fresh shareholder meeting for its equity shareholders. The meeting is focused on considering and approving the amalgamation scheme involving Hill View Infrabuild Limited (the Transferor Company) with Salasar Techno Engineering Limited, following directives from the Hon'ble National Company Law Tribunal, Allahabad Bench.The fresh meeting supersedes an earlier gathering that was scheduled for June 5, 2026. The need for a renewed shareholder consultation arose after orders issued by the NCLT regarding the amalgamation scheme.
The equity shareholders of Salasar Techno Engineering Limited will convene for the meeting on Saturday, August 8, 2026, at 12:30 P.M. (IST). The meeting will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM), as directed by the Tribunal.
The notice convening this fresh de novo meeting includes an Explanatory Statement detailing the amalgamation scheme under Sections 230 and 232 of the Companies Act, 2013.
E-Voting Timeline and Eligibility
Details regarding remote e-voting and attending the meeting through VC/OAVM have been provided in the notice. The period for remote e-voting has been set as follows:| Event | Date & Time (IST) |
|---|---|
| Commencement of Remote E-Voting | Tuesday, August 04, 2026 at 9:00 A.M. |
| End of Remote E-Voting | Friday, August 07, 2026 at 5:00 P.M. |
The cut-off date for determining voting eligibility is set as Friday, August 01, 2026. An Equity Shareholder must be recorded in the Register of Beneficial Owners maintained by the Depositories on this cut-off date to exercise their voting rights. Voting rights are determined proportionally based on shareholding in the paid up equity share capital as of August 01, 2026.
The notice and Explanatory Statement along with annexures are available for public access on the company’s website.
SALASAR Stock Price Movement
Shares of Salasar Techno Engineering Limited slipped by 0.32% on Friday, closing at ₹6.11. The stock traded on a volume of 3.56 million shares, having ranged during the session between a low of ₹6.08 and a high of ₹6.29.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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