Salasar Techno Engineering Ltd
Salasar Techno Engineering🏗️: Key Votes Pass for Hill View Infrabuild Merger
- NCLT meetings held on June 05, 2026, for Equity Shareholders (12:00 p.m.), Secured Creditors (3:00 p.m.), and Unsecured Creditors (4:00 p.m.).
- Proposed Scheme of Amalgamation gets overwhelming approval:
- Equity Shareholders: 99.72% in favor, 0.28% against.
- Secured & Unsecured Creditors: 100% in favor (no votes against).
- Share Exchange Ratio: 2,87,430 new Salasar shares for every 100 Hill View shares.
- 8,358 CRPS (₹10 each) to be issued per 100 Hill View equity shares.
- Scheme includes transfer of ALL assets & liabilities from Hill View to Salasar.
- Appointed Date: April 01, 2025 (or as approved final by NCLT).
- BSE Limited confirmed as Designated Stock Exchange for the Scheme.
- Scrutiniser Mr. Sumit Agrawal confirmed fair & transparent voting process.