AI assistant
Salasar Techno Engineering Limited — M&A Activity 2026
Jun 6, 2026
60476_rns_2026-06-06_41319178-b298-48b9-bf59-324dd37d4a67.pdf
M&A Activity
Open in viewerOpens in your device viewer
SALASAR
Salasar Techno Engineering Limited
Date: June 06, 2026
To,
| The Manager – Listing National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex Bandra East, Mumbai – 400051 Symbol - SALASAR | The Secretary Corporate Relationship Dept. BSE Limited P. J. Tower, Dalal Street, Mumbai – 400001 Scrip Code: 540642 |
|---|---|
SUB: Summary of Proceedings of meetings of the Equity Shareholders, Secured Creditors and Unsecured Creditors of Salasar Techno Engineering Limited ("the Company") convened as per the directions of Hon'ble National Company Law Tribunal, Allahabad Bench ("NCLT") in the matter of Scheme of Amalgamation of Hill View Infra build Limited with Salasar Techno Engineering Limited and their respective shareholders and creditors.
Dear Sir/Madam,
Pursuant to the provisions of Regulations 30 of the SEBI (LODR) Regulations, 2015, please find enclosed herewith a summary of the proceedings of the meetings of the Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company convened as per the directions of Hon'ble National Company Law Tribunal, Allahabad Bench ("NCLT") in the matter of Scheme of Amalgamation of Hill View Infra build Limited with Salasar Techno Engineering Limited and their respective shareholders and creditors held on Friday, June 05, 2026, as per the details given hereunder, as Annexure A, B and C respectively through Video Conferencing/Other Audio-Visual Means ("VC/OAVM"):
| S. No. | Name of Meeting | Meeting Time |
|---|---|---|
| 1. | Meeting of Equity Shareholders | 12:00 Noon |
| 2. | Meeting of Secured Creditors | 03:00 P.M. |
| 3. | Meeting of Unsecured Creditors | 04:00 P.M. |
The voting results shall be declared and disseminated on the websites of the Stock Exchanges, the Company, and Central Depository Services (India) Limited (CDSL) in due course after receipt of the Scrutinizer's Report.
You are requested to kindly take the same on record.
Yours faithfully,
For Salasar Techno Engineering Limited
MOHIT
KUMAR GOEL
Digitally signed by
MOHIT KUMAR GOEL
Date: 2026.06.06
17:29:34 +05'30'
Mohit Kumar Goel
Company Secretary & Compliance Officer
CIN No. - L23201UP2001PLC209751
Corporate Office: - A-301-320, 3rd Floor, Tower-A, Noida One, Plot No.8, Block-B, Sec-62, Noida U.P. 201309
Regd. Off. & Unit 1: - Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur-U.P. 201015
Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.-245304
+91 7017538987, 8750725142
+91 9368883592
+91 7417971568
Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.- 245304
www.salasartechno.com
[email protected]
[email protected]
SALASAR
Salasar Techno Engineering Limited
ANNEXURE - A
SUMMARY OF PROCEEDINGS OF MEETING OF THE EQUITY SHAREHOLDERS OF SALASAR TECHNO ENGINEERING LIMITED ("THE COMPANY") CONVENED AS PER THE DIRECTION OF HON'BLE NATIONAL COMPANY LAW TRIBUNAL, ALLAHABAD BENCH ("NCLT") IN THE MATTER OF SCHEME OF AMALGAMATION OF HILL VIEW INFRABUILD LIMITED WITH SALASAR TECHNO ENGINEERING LIMITED AND THEIR RESPECTIVE SHAREHOLDERS AND CREDITORS ON FRIDAY, JUNE 05, 2026 AT 12:00 NOON (IST) THROUGH VIDEO CONFERENCING/OTHER AUDIO-VISUAL MEANS ("VC/OAVM").
The meeting was presided over by Mr. Udai Chandani, Advocate, who was appointed as the Chairperson, and Ms. Babita Jain, Advocate, who was appointed as the Alternate Chairperson of the meeting by the Hon'ble NCLT. Mr. Sumit Agrawal, Chartered Accountant, who was appointed by the Hon'ble NCLT as the Scrutinizer for the meeting, was also present at the meeting.
Mr. Kartikeya Goel, Legal Counsel, assisted Mr. Udai Chandani, Advocate, Chairperson in conducting the meeting. After receiving confirmation from CDSL that the requisite quorum was present at the meeting as per the directions of the Hon'ble NCLT, the Chairperson called the meeting to order.
He further apprised that, pursuant to the directions of the Hon'ble NCLT Allahabad Bench vide its order dated April 06, 2026, the meeting of the equity shareholders, of Salasar Techno Engineering Limited ("the Company") is being held on Friday, June 5, 2026 at 12:00 Noon through Video Conferencing/Other Audio-Visual Means in compliance with the applicable provisions of the Companies Act, 2013 and the relevant Circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.
Mr. Kartikeya Goel, Legal Counsel of the Company, introduced himself and stated his location as Delhi in accordance with the Video Conferencing (VC) protocol. He further welcomed Mr. Udai Chandani, Advocate and Chairperson of the meeting, Ms. Babita Jain, Advocate and Alternate Chairperson of the meeting, Mr. Sumit Agrawal, Chartered Accountant and Scrutinizer of the meeting, and the other dignitaries present as panelists and requested them to introduce themselves and state their respective locations.
Mr. Udai Chandani, Advocate and Chairperson of the meeting, introduced himself and confirmed his virtual attendance from Chennai. Ms. Babita Jain, Advocate and Alternate Chairperson of the meeting, introduced herself and confirmed her virtual attendance from Bengaluru. Mr. Sumit Agrawal, Chartered Accountant and Scrutinizer of the meeting, introduced himself and confirmed his virtual attendance from Allahabad.
Mr. Pramod Kumar Kala, Chief Financial Officer, and Mr. Mohit Kumar Goel, Company Secretary & Compliance Officer of the Company, introduced themselves and confirmed their attendance from the Corporate Office of the Company at Noida, UP.
CIN No. - L23201UP2001PLC209751
Corporate Office: - A-301-320, 3rd Floor, Tower-A, Noida One, Plot No.8, Block-B, Sec-62, Noida U.P. 201309
Regd. Off. & Unit 1: - Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur-U.P. 201015
Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.-245304
+91 7017538987, 8750725142
+91 9368883592
+91 7417971568
Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.- 245304
www.salasartechno.com
[email protected]
[email protected]
SALASAR
Salasar Techno Engineering Limited
Mr. Kartikeya Goel, Legal Counsel of the Company briefed the members about the proposed Scheme of Amalgamation and informed the members that the Notice convening the meeting, along with the Explanatory Statement, the proposed Scheme of Amalgamation and other relevant documents, had already been circulated to the shareholders and other concerned stakeholders and the same were taken as read.
Mr. Kartikeya Goel invited the participants to raise their queries, comments, or observations through the chat box. Thereafter, Mr. Mohit Kumar Goel, Company Secretary and Compliance Officer of the Company, called upon the speaker shareholders in accordance with the requests received from them. The speaker shareholders raised certain queries, which were suitably addressed by the Legal Counsel of the Company.
Mr. Kartikeya Goel further informed the Members, that the Company had provided remote e-voting facility to the Members to enable them to cast their votes electronically. The remote e-voting started from Monday, June 01, 2026 at 9:00 A.M. IST and ended on Thursday, June 04, 2026 at 5:00 P.M. IST and the shareholders who had not cast their votes during remote e-voting process and otherwise not barred from doing so, were allowed to vote through e-voting system during the Meeting.
He then requested CDSL to open the voting line for 15 minutes and requested the shareholders who had not cast their votes during the remote e-voting period to cast their votes and submit their queries, if any, through the chat box. After completion of the voting period of 15 minutes, he requested CDSL and the Scrutinizer to close the voting line.
The following business was transacted at the NCLT convened meeting of the equity shareholders as set out in the Notice:
| S. No. | Particulars | Type of Resolution |
|---|---|---|
| 1. | To approve the proposed Scheme of Amalgamation of Hill View Infrabuild Limited with Salasar Techno Engineering Limited. | Requisite Majority |
The voting results shall be declared and disseminated on the websites of the Stock Exchanges, the Company, and Central Depository Services (India) Limited (CDSL) in due course after receipt of the Scrutinizer's Report.
Following completion of the voting process and there being no other business to transact at the meeting, Mr. Pramod Kumar Kala, CFO of the Company proposed a vote of thanks to the Chairperson, Alternate Chairperson, Scrutinizer, Legal Counsel and the stakeholders present for their valuable time, continued support, and participation.
Mr. Kartikeya Goel requested CDSL to conclude the proceedings.
The Meeting concluded at 12:40 p.m. (IST).
CIN No. - L23201UP2001PLC209751
Corporate Office: - A-301-320, 3rd Floor, Tower-A, Noida One, Plot No.8, Block-B, Sec-62, Noida U.P. 201309
Regd. Off. & Unit 1: - Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur-U.P. 201015
Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.-245304
+91 7017538987, 8750725142
+91 9368883592
+91 7417971568
Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.- 245304
www.salasartechno.com
[email protected]
[email protected]
SALASAR
Salasar Techno Engineering Limited
ANNEXURE - B
SUMMARY OF PROCEEDINGS OF MEETING OF THE SECURED CREDITORS OF SALASAR TECHNO ENGINEERING LIMITED ("THE COMPANY") CONVENED AS PER THE DIRECTION OF HON'BLE NATIONAL COMPANY LAW TRIBUNAL, ALLAHABAD BENCH ("NCLT") IN THE MATTER OF SCHEME OF AMALGAMATION OF HILL VIEW INFRABUILD LIMITED WITH SALASAR TECHNO ENGINEERING LIMITED AND THEIR RESPECTIVE SHAREHOLDERS AND CREDITORS ON FRIDAY, JUNE 05, 2026 AT 03:00 P.M. (IST) THROUGH VIDEO CONFERENCING/OTHER AUDIO-VISUAL MEANS ("VC/OAVM").
The meeting was presided over by Mr. Udai Chandani, Advocate, who was appointed as the Chairperson, and Ms. Babita Jain, Advocate, who was appointed as the Alternate Chairperson of the meeting by the Hon'ble NCLT. Mr. Sumit Agrawal, Chartered Accountant, who was appointed by the Hon'ble NCLT as the Scrutinizer for the meeting, was also present at the meeting.
Mr. Kartikeya Goel, Legal Counsel, assisted Mr. Udai Chandani, Advocate, Chairperson in conducting the meeting. After receiving confirmation from CDSL that the requisite quorum was present at the meeting as per the directions of the Hon'ble NCLT, the Chairperson called the meeting to order.
He further apprised that, pursuant to the directions of the Hon'ble NCLT Allahabad Bench vide its order dated April 06, 2026, the meeting of the Secured Creditors, of Salasar Techno Engineering Limited ("the Company") is being held on Friday, June 5, 2026 at 03:00 P.M. through Video Conferencing/Other Audio-Visual Means in compliance with the applicable provisions of the Companies Act, 2013 and the relevant Circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.
Mr. Kartikeya Goel, Legal Counsel of the Company, introduced himself and stated his location as Delhi in accordance with the Video Conferencing (VC) protocol. He further welcomed Mr. Udai Chandani, Advocate and Chairperson of the meeting, Ms. Babita Jain, Advocate and Alternate Chairperson of the meeting, Mr. Sumit Agrawal, Chartered Accountant and Scrutinizer of the meeting, and the other dignitaries present as panelists and requested them to introduce themselves and state their respective locations.
Mr. Udai Chandani, Advocate and Chairperson of the meeting, introduced himself and confirmed his virtual attendance from Chennai. Ms. Babita Jain, Advocate and Alternate Chairperson of the meeting, introduced herself and confirmed her virtual attendance from Bengaluru. Mr. Sumit Agrawal, Chartered Accountant and Scrutinizer of the meeting, introduced himself and confirmed his virtual attendance from Allahabad.
Mr. Pramod Kumar Kala, Chief Financial Officer, and Mr. Mohit Kumar Goel, Company Secretary & Compliance Officer of the Company, introduced themselves and confirmed their attendance from the Corporate Office of the Company at Noida.
CIN No. - L23201UP2001PLC209751
Corporate Office: - A-301-320, 3rd Floor, Tower-A, Noida One, Plot No.8, Block-B, Sec-62, Noida U.P. 201309
Regd. Off. & Unit 1: - Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur-U.P. 201015
Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.-245304
+91 7017538987, 8750725142
+91 9368883592
+91 7417971568
Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.- 245304
www.salasartechno.com
[email protected]
[email protected]
SALASAR
Salasar Techno Engineering Limited
Mr. Kartikeya Goel, Legal Counsel of the Company briefed the secured creditors about the proposed Scheme of Amalgamation and informed the secured creditors that the Notice convening the meeting, along with the Explanatory Statement, the proposed Scheme of Amalgamation and other relevant documents, had already been circulated to the secured creditors and other concerned stakeholders and the same were taken as read.
Mr. Kartikeya Goel invited queries, comments or observations from the participants through the chat box. However, no queries were received from any of the participants.
Mr. Kartikeya Goel further informed the secured creditors, that the Company had provided remote e-voting facility to the secured creditors to enable them to cast their votes electronically. The remote e-voting started from Monday, June 01, 2026 at 9:00 A.M. IST and ended on Thursday, June 04, 2026 at 5:00 P.M. IST and the secured creditors who had not cast their votes during remote e-voting process and otherwise not barred from doing so, were allowed to vote through e-voting system during the Meeting.
He then requested CDSL to open the voting line for 15 minutes and requested the secured creditors who had not cast their votes during the remote e-voting period to cast their votes and submit their queries, if any, through the chat box. After completion of the voting period of 15 minutes, he requested CDSL and the Scrutinizer to close the voting line.
The following business was transacted at the NCLT convened meeting of the secured creditors as set out in the Notice:
| S.No. | Particulars | Type of Resolution |
|---|---|---|
| 1. | To approve the proposed Scheme of Amalgamation of Hill View Infrabuild Limited with Salasar Techno Engineering Limited. | Requisite Majority |
The voting results shall be declared and disseminated on the websites of the Stock Exchanges, the Company, and Central Depository Services (India) Limited (CDSL) in due course after receipt of the Scrutinizer's Report.
Following completion of the voting process and there being no other business to transact at the meeting, Mr. Pramod Kumar Kala, CFO of the Company proposed a vote of thanks to the Chairperson, Alternate Chairperson, Scrutinizer, Legal Counsel and the stakeholders present for their valuable time, continued support, and participation.
Mr. Kartikeya Goel requested CDSL to conclude the proceedings.
The Meeting concluded at 03:12 p.m. (IST).
CIN No. - L23201UP2001PLC209751
Corporate Office: - A-301-320, 3rd Floor, Tower-A, Noida One, Plot No.8, Block-B, Sec-62, Noida U.P. 201309
Regd. Off. & Unit 1: - Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur-U.P. 201015
Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.-245304
+91 7017538987, 8750725142
+91 9368883592
+91 7417971568
Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.- 245304
www.salasartechno.com
[email protected]
[email protected]
SALASAR
Salasar Techno Engineering Limited
ANNEXURE - C
SUMMARY OF PROCEEDINGS OF MEETING OF THE UNSECURED CREDITORS OF SALASAR TECHNO ENGINEERING LIMITED ("THE COMPANY") CONVENED AS PER THE DIRECTION OF HON'BLE NATIONAL COMPANY LAW TRIBUNAL, ALLAHABAD BENCH ("NCLT") IN THE MATTER OF SCHEME OF AMALGAMATION OF HILL VIEW INFRABUILD LIMITED WITH SALASAR TECHNO ENGINEERING LIMITED AND THEIR RESPECTIVE SHAREHOLDERS AND CREDITORS ON FRIDAY, JUNE 05, 2026 AT 04:00 P.M. (IST) THROUGH VIDEO CONFERENCING/OTHER AUDIO-VISUAL MEANS ("VC/OAVM").
The meeting was presided over by Mr. Udai Chandani, Advocate, who was appointed as the Chairperson, and Ms. Babita Jain, Advocate, who was appointed as the Alternate Chairperson of the meeting by the Hon'ble NCLT. Mr. Sumit Agrawal, Chartered Accountant, who was appointed by the Hon'ble NCLT as the Scrutinizer for the meeting, was also present at the meeting.
Mr. Kartikeya Goel, Legal Counsel, assisted Mr. Udai Chandani, Advocate, Chairperson in conducting the meeting. After receiving confirmation from CDSL that the requisite quorum was present at the meeting as per the directions of the Hon'ble NCLT, the Chairperson called the meeting to order.
He further apprised that, pursuant to the directions of the Hon'ble NCLT Allahabad Bench vide its order dated April 06, 2026, the meeting of the unsecured Creditors, of Salasar Techno Engineering Limited ("the Company") is being held on Friday, June 5, 2026 at 04:00 P.M. through Video Conferencing/Other Audio-Visual Means in compliance with the applicable provisions of the Companies Act, 2013 and the relevant Circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.
Mr. Kartikeya Goel, Legal Counsel of the Company, introduced himself and stated his location as Delhi in accordance with the Video Conferencing (VC) protocol. He further welcomed Mr. Udai Chandani, Advocate and Chairperson of the meeting, Ms. Babita Jain, Advocate and Alternate Chairperson of the meeting, Mr. Sumit Agrawal, Chartered Accountant and Scrutinizer of the meeting, and the other dignitaries present as panelists and requested them to introduce themselves and state their respective locations.
Mr. Udai Chandani, Advocate and Chairperson of the meeting, introduced himself and confirmed his virtual attendance from Chennai. Ms. Babita Jain, Advocate and Alternate Chairperson of the meeting, introduced herself and confirmed her virtual attendance from Bengaluru. Mr. Sumit Agrawal, Chartered Accountant and Scrutinizer of the meeting, introduced himself and confirmed his virtual attendance from Allahabad.
Mr. Pramod Kumar Kala, Chief Financial Officer, and Mr. Mohit Kumar Goel, Company Secretary & Compliance Officer of the Company, introduced themselves and confirmed their attendance from the Corporate Office of the Company at Noida.
CIN No. - L23201UP2001PLC209751
Corporate Office: - A-301-320, 3rd Floor, Tower-A, Noida One, Plot No.8, Block-B, Sec-62, Noida U.P. 201309
Regd. Off. & Unit 1: - Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur-U.P. 201015
Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.-245304
+91 7017538987, 8750725142
+91 9368883592
+91 7417971568
Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.- 245304
www.salasartechno.com
[email protected]
[email protected]
SALASAR
Salasar Techno Engineering Limited
Mr. Kartikeya Goel, Legal Counsel of the Company briefed the unsecured creditors about the proposed Scheme of Amalgamation and informed the unsecured creditors that the Notice convening the meeting, along with the Explanatory Statement, the proposed Scheme of Amalgamation and other relevant documents, had already been circulated to the unsecured creditors and other concerned stakeholders and the same were taken as read.
Mr. Kartikeya Goel invited queries, comments or observations from the participants through the chat box. The unsecured creditors raised certain queries, which were suitably addressed by the Legal Counsel of the Company.
Mr. Kartikeya Goel further informed the unsecured creditors, that the Company had provided remote e-voting facility to the unsecured creditors to enable them to cast their votes electronically. The remote e-voting started from Monday, June 01, 2026 at 9:00 A.M. IST and ended on Thursday, June 04, 2026 at 5:00 P.M. IST and the unsecured creditors who had not cast their votes during remote e-voting process and otherwise not barred from doing so, were allowed to vote through e-voting system during the Meeting.
He then requested CDSL to open the voting line for 15 minutes and requested the unsecured creditors who had not cast their votes during the remote e-voting period to cast their votes and submit their queries, if any, through the chat box. After completion of the voting period of 15 minutes, he requested CDSL and the Scrutinizer to close the voting line.
The following business was transacted at the NCLT convened meeting of the unsecured creditors as set out in the Notice:
| S.No. | Particulars | Type of Resolution |
|---|---|---|
| 1. | To approve the proposed Scheme of Amalgamation of Hill View Infrabuild Limited with Salasar Techno Engineering Limited. | Requisite Majority |
The voting results shall be declared and disseminated on the websites of the Stock Exchanges, the Company, and Central Depository Services (India) Limited (CDSL) in due course after receipt of the Scrutinizer’s Report.
Following completion of the voting process and there being no other business to transact at the meeting, Mr. Pramod Kumar Kala, CFO of the Company proposed a vote of thanks to the Chairperson, Alternate Chairperson, Scrutinizer, Legal Counsel and the stakeholders present for their valuable time, continued support, and participation.
Mr. Kartikeya Goel requested CDSL to conclude the proceedings.
The Meeting concluded at 04:15 p.m. (IST).
CIN No. - L23201UP2001PLC209751
Corporate Office: - A-301-320, 3rd Floor, Tower-A, Noida One, Plot No.8, Block-B, Sec-62, Noida U.P. 201309
Regd. Off. & Unit 1: - Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur-U.P. 201015
Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.-245304
+91 7017538987, 8750725142
+91 9368883592
+91 7417971568
Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.- 245304
www.salasartechno.com
[email protected]
[email protected]