Salasar Techno Engineering Limited
Established in 2006 as a tower manufacturer, Salasar Engineering Limited, has emerged as a fast-growing Steel structure manufacturer & EPC infrastructure company, providing services across telecom, energy and railways sector.
What Salasar files
- Others65
- Important17
- Board Meeting11
- Updates7
- Credit Ratings2
- Investor Meet2
Salasar Techno Engineering's amalgamation with EMC Limited received NCLT Kolkata's sanction, completing the approval process. This strategic business development will see EMC Limited dissolve into Salasar, aiming to strengthen operations.
Salasar Techno Engineering secured stock exchange clearance (No Objection Letters) for its proposed merger with Hill View Infrabuild. This marks a key step in the amalgamation process, enabling NCLT filing.
Salasar Techno Engineering secured two contracts from RVNL totaling INR 695.18 Cr. The orders involve service support, procurement management, and erection work for distribution infrastructure in Himachal Pradesh, under the RDSS scheme. Execution is within 20 months.
Salasar Techno Engineering reported FY25 revenue of `1,447.43 Cr with an order book of `2,155 Cr. PAT fell to `19.13 Cr due to EMC Ltd. consolidation losses. The company acquired EMC for `178 Cr, boosting EPC and 765 kV project capabilities, and partnered Ramboll for 20% cost-saving tower designs.
Salasar Techno Engineering announced its 24th Annual General Meeting will be held virtually. The company's share transfer books will close for a period in connection with the AGM.