Salasar Techno Engineering: ED Attaches Properties Worth ₹98.31 Cr
Salasar Techno Engineering Ltd has received a Provisional Attachment Order from the Directorate of Enforcement (ED) under the Prevention of Money Laundering Act, 2002. The order, dated September 12, 2026, provisionally attaches certain immovable properties of the company, including its Bhilai manufacturing plant and a solar power plant (erstwhile EMC Limited), with an aggregate value of ₹98,31,25,000/- for a period of 180 days. This attachment restricts the transfer or dealing with these properties. The company stated that neither it nor its directors have been named as accused in any prosecution complaint filed by the ED. Salasar Techno Engineering expects no disruption to its business operations and continues to cooperate with the authorities.
Key Highlights
- ED provisionally attaches Salasar Techno Engineering properties worth ₹98.31 Cr.
- Attachment is for 180 days under PMLA, restricting property dealings.
- Bhilai plant and solar plant (erstwhile EMC) are among attached assets.
- Company expects no disruption to business operations.
- No directors named as accused in ED prosecution complaint.
Price Impact
More from SALASAR