Salasar Techno Engineering Ltd

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.

Salasar Techno Engineering Ltd has appointed M/s Alok Mittal & Associates as the Internal Auditor of the Company for the financial year 2026-27, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment was made by the Board of Directors at its meeting held on May 29, 2026, following Section 138 of the Companies Act, 2013.

Salasar Techno Engineering Ltd's Board of Directors approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026, during its meeting on May 29, 2026. The audit report, issued by M/s VAPS & Co., contained an unmodified opinion. The board meeting commenced at 01:00 P.M. and concluded at 03:40 P.M. Trading window will open on May 31, 2026.

The National Company Law Tribunal (NCLT), Kolkata Bench-II, has sanctioned the Scheme of Amalgamation of EMC Limited with Salasar Techno Engineering Limited. The appointed date for the scheme is October 23, 2024. Salasar Techno is obtaining the certified copy of the NCLT Order for filing with the Registrar of Companies, Kolkata. The NCLT Allahabad Bench, Prayagraj, had already approved the scheme. Upon filing the certified copy, EMC Limited will be dissolved without winding up.

Salasar Techno Engineering Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the Standalone & Consolidated Audited Financial Results for the quarter and year ended March 31, 2026. The meeting will be held at the company's corporate office in Noida. The trading window for the company's shares is closed for directors, officers, designated employees, and their immediate relatives until 48 hours after the declaration of financial results.

Salasar Techno Engineering Ltd announced that the National Company Law Tribunal (NCLT) has directed meetings of its Equity Shareholders, Secured Creditors, and Unsecured Creditors. These meetings are scheduled for Friday, June 5, 2026, to consider and approve the Scheme of Amalgamation of Hill View Infrabuild Limited with Salasar Techno Engineering Limited. The meetings will be held through Video Conferencing/Other Audio Visual Means. Equity shareholders registered as of May 29, 2026, and secured/unsecured creditors as of December 31, 2025, are eligible to exercise voting rights. Remote e-voting and e-voting during the meetings will be available.

Salasar Techno Engineering Ltd has announced the closure of the trading window for dealing in securities of the company. This decision is in accordance with the SEBI (Prohibition of Insider trading) Regulations, 2015, and the company's code of conduct. The closure will be effective from Wednesday, April 01, 2026, and will continue till 48 hours after the declaration of Financial Results for the quarter and year ended March 31, 2026. The date of the Board Meeting to approve the audited financial results will be intimated in due course.

Salasar Techno Engineering Ltd is currently experiencing a restriction in the supply of LPG due to a force majeure situation arising from the ongoing conflict in the Middle East. The disruption in LPG supply has adversely impacted the company's production activities, delivery of materials, and EPC business operations. The ongoing conflict in the Gulf region is also affecting the export of the Company’s products to that region. The company is actively coordinating with Oil Marketing Companies (OMCs) and the relevant government authorities to secure the supply of LPG. They are evaluating the impact arising from the ongoing disruption in the supply of LPG and monitoring the situation for any material developments.

Salasar Techno Engineering Ltd. has reported a deviation in the use of proceeds for the preferential issue of equity shares and fully convertible warrants for the quarter ended 31.12.2025. The company initially obtained shareholders’ approval for a preferential issue of Rs. 806.04 Crore, but later made a preferential issue of Rs. 290.77 crores only. The deviation is due to the revision of the objects of the issue through a board resolution dated April 30, 2024. The company has utilized Rs. 179.27 Crores under the object 'Financing of Acquisition', which includes an EMD of Rs. 10 crores and interest amounting to Rs. 1.27 crore. The Issue Period, which spanned 18 months from the date of allotment, concluded on October 29, 2025. The company has received Rs. 255.67 Crore, which has been unutilized fully for the objects of the Issue.