NCLT Allahabad approves first motion application for amalgamation of Hill View Infrabuild Limited into Salasar Techno Engineering Limited.
Scheme involves share exchange ratio of 2,87,430 Salasar equity shares plus 8,358 CRPS for every 100 Hill View shares.
Meetings dispensed for Hill View stakeholders; Salasar shareholder/creditor meetings scheduled for June 5, 2026.
Amalgamation aims to consolidate group resources, simplify structure, and reduce compliance burden.