StockWatch
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Industrial Products
Merger4 Jul 2026, 04:20 pm

Salasar Techno Engineering to hold fresh shareholder meeting for amalgamation

AI Summary

Salasar Techno Engineering Ltd. has announced a fresh (de novo) meeting of its Equity Shareholders, supervised by the Hon'ble NCLT, Allahabad Bench. This meeting, scheduled for August 8, 2026, is to consider and approve the Scheme of Amalgamation of Hill View Infrabuild Limited with Salasar Techno Engineering Limited. The meeting will be conducted via Video Conferencing/Other Audio-Visual Means. This supersedes an earlier meeting held on June 5, 2026. The notice, along with an explanatory statement and annexures, is available on the company's website and via a provided link. The cut-off date for determining voting eligibility is August 1, 2026.

Key Highlights

  • Fresh shareholder meeting called under NCLT supervision.
  • Purpose: To approve amalgamation scheme with Hill View Infrabuild.
  • Meeting date: August 8, 2026, via Video Conferencing.
  • Cut-off date for voting rights: August 1, 2026.
  • Amalgamation is under Sections 230-232 of the Companies Act, 2013.