Salasar Techno Engineering 25th AGM Agenda Released

Salasar Techno Engineering Ltd has announced its 25th Annual General Meeting (AGM) to be held on September 30, 2026, via video conferencing. The meeting will address several critical governance and financial proposals.

Reader Takeaway: The company seeks to raise its borrowing ceiling to Rs 1,500 crore while strengthening its board composition.

What just happened

The company has issued the notice for its 25th AGM, which includes ordinary and special business resolutions. Shareholders will vote on the adoption of audited financial statements for the fiscal year ended March 31, 2026.

Leadership and Board Changes

The management has proposed the re-appointment of three key leaders for a five-year term starting December 10, 2026:

• Managing Director: Mr. Shashank Agarwal
• Whole-time Director: Mr. Shalabh Agarwal
• Whole-time Director: Ms. Tripti Gupta

Additionally, the company intends to appoint Mr. Aashish Sharma and Mrs. Nidhi Jain as non-executive independent directors for a two-year tenure effective September 5, 2026.

Strategic Borrowing Proposal

One of the most significant items on the agenda is a special resolution to increase the company's borrowing powers up to Rs 1,500 crore. This move, which supersedes previous authorizations, aims to provide the company with greater financial flexibility for its future operations and capital requirements.

Voting Mechanics

• Eligibility: Shareholders on record as of the cut-off date, September 23, 2026, are entitled to participate.
• Remote E-voting: Shareholders can cast their votes online from September 26, 2026 (9:00 A.M.) to September 29, 2026 (5:00 P.M.).
• Platform: The company has engaged Bigshare Services Private Limited to manage the remote e-voting and video conferencing infrastructure.