Salasar Techno Engineering Ltd

Salasar Techno Engineering Ltd has announced the closure of its trading window for dealing in the company's securities. This closure will be effective from Thursday, October 01, 2026, and will remain in effect until 48 hours after the declaration of the Financial Results for the Quarter and half-year ended September 30, 2026. The specific date for the Board Meeting to approve these unaudited financial results will be communicated in due course. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Salasar Techno Engineering Ltd has reported an inter-se transfer of 4,97,81,600 equity shares, representing 2.85% of the total diluted share capital, among its promoter group members. The transfer was conducted off-market via gift. Specifically, Gyanendra Kumar Agarwal and Mithilesh Aggarwal disposed of their shares, while Shashank Agarwal and Shalabh Agarwal acquired an equivalent number of shares. Despite these internal transfers, the overall shareholding of the promoter and promoter group in Salasar Techno Engineering Limited remains unchanged at 43.91% (76,74,68,621 shares) both before and after the transaction.

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.

Salasar Techno Engineering Ltd has submitted its Annual Report for the financial year ended March 31, 2026, as per SEBI regulations. The report, which includes the Notice of the AGM, is being disseminated to shareholders via email and a web link for those without registered email addresses. The report is also available on the company's website. It provides a comprehensive overview of the company's performance, strategy, governance, and ESG initiatives, highlighting the theme 'From Strength to Scale' for its future growth trajectory. The report details corporate and statutory information, including financial statements and the Business Responsibility and Sustainability Report (BRSR).

Salasar Techno Engineering Ltd has submitted its Business Responsibility & Sustainability Report (BRSR) for the financial year 2025-26, in compliance with SEBI regulations. The report details the company's corporate overview, statutory reports, and financial statements. It covers general disclosures including CIN, incorporation year, registered and corporate addresses, and contact information for queries. The BRSR outlines the company's business activities, which include manufacturing and trading of steel items (66.76% of turnover) and turnkey projects (33.24%). Products include steel structures and EPC projects. The company operates 4 plants and 17 offices nationally, serving 16 states and 2 countries internationally, with exports contributing 6.65% to turnover. Key customers span telecom, power, and infrastructure sectors. The report also provides employee and worker details, noting 1010 total employees and 1218 total workers as of FY25-26.

Salasar Techno Engineering Limited has announced its 25th Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 11:30 A.M. IST through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting will transact ordinary business, including the adoption of audited financial statements for the financial year ended March 31, 2026, and the re-appointment of Ms. Tripti Gupta as a director. Special business includes the re-appointment of Mr. Shashank Agarwal as Managing Director for a further five-year term commencing December 10, 2026. Remote e-voting will be available from September 26 to September 29, 2026. The cut-off date for entitlement to vote is September 23, 2026.

Salasar Techno Engineering's consolidated Q1 FY27 (quarter ended June 30, 2026) revenue came in at ₹295.54 Cr, down 1.5% YoY from ₹300.17 Cr and down 33.5% QoQ from ₹444.65 Cr — the QoQ drop reflects Q4 being the seasonally heaviest execution quarter for EPC/steel-structure orders. Consolidated PAT (total, including non-controlling interest) fell 41.5% YoY to ₹5.14 Cr (₹4.99 Cr attributable to owners) from ₹8.80 Cr a year ago, though it marks a turnaround from the ₹13.67 Cr net loss booked in Q4 FY26. On a standalone basis the company posted PAT of ₹4.78 Cr on revenue of ₹290.77 Cr, broadly tracking the consolidated trend — no material standalone-consolidated divergence this quarter. Margins compressed YoY: operating margin (EBITDA/revenue) came in at 7.42%, versus 9.98% in Q1 FY26, though sharply better than the 3.15% seen in the loss-making Q4 FY26; net margin was 1.72% versus 2.91% a year ago. The squeeze traces to finance costs, which rose 10.7% YoY to ₹15.24 Cr, and segment mix — the EPC segment result flipped to a ₹1.97 Cr profit (from a ₹16.85 Cr loss in Q4 FY26) but is down from ₹9.56 Cr a year ago, while Steel Structures held up better, up 5.1% YoY to ₹21.43 Cr. Management's outlook, per recent press reports (not in the filing itself), targets ~20% FY27 revenue growth to ₹1,800 Cr on the back of a reported ~₹2,500 Cr order book; Q1's run-rate of ₹295.5 Cr is well behind the pace needed to hit that number, making the guidance a 'missed' read one quarter in — though a single quarter isn't necessarily representative given execution seasonality visible in the Q4-vs-Q1 swing. No Q1-specific street PAT/revenue estimates were found; the only available analyst reference points to 15-20% PAT growth expected for FY27 as a whole. The filing itself carries no separate management commentary or press release beyond the standard board-outcome letter and the merger-completion note.

Salasar Techno Engineering Ltd has announced that its Board of Directors meeting is scheduled for August 13, 2026. The meeting will be held at their corporate office in Noida and will commence at 04:30 PM. The primary agenda is to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. Additionally, the 'Trading Window' for company shares will be closed for designated personnel and their relatives until 48 hours after the financial results are declared, in compliance with SEBI regulations.

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.

Salasar Techno Engineering Ltd has announced the closure of its trading window for dealing in the company's securities. This closure will be effective from Wednesday, July 01, 2026, and will remain in effect for 48 hours after the declaration of the financial results for the quarter ended June 30, 2026. The specific date for the Board Meeting to approve these unaudited financial results will be communicated separately. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct.