Salasar Techno Engg. Share Price

The sales moved up 34.81% to Rs. 2558.19 millions for the September 2022 quarter as compared to Rs. 1897.69 millions during the year-ago period.The Net Profit of the company registered a slight decline of -26.61% to Rs. 73.66  millions from Rs. 100.37 millions.Operating profit for the quarter ended September 2022 rose to 207.75 millions as compared to 205.45 millions of corresponding quarter ended September 2021.

The sales surged to Rs. 2558.19 millions, up 34.81% for the September 2022 quarter as against Rs. 1897.69 millions during the corresponding quarter previous year.The Net proft of the company remain more or less same to Rs. 73.66  millions from Rs. 100.37 millions ,decline by -26.61%.Operating Profit saw a handsome growth to 207.75 millions from 205.45 millions in the quarter ended September 2022.

The sales surged to Rs. 2558.19 millions, up 34.81% for the September 2022 quarter as against Rs. 1897.69 millions during the corresponding quarter previous year.The Net proft of the company remain more or less same to Rs. 73.66  millions from Rs. 100.37 millions ,decline by -26.61%.Operating Profit saw a handsome growth to 207.75 millions from 205.45 millions in the quarter ended September 2022.

The sales for the December 2022 quarter moved up 40.35% to Rs. 2407.98 millions as compared to Rs. 1715.65 millions during the corresponding quarter last year.Net profit surges 75.36% to Rs. 107.74  millions  from Rs. 61.44 millions in the quarter ended December 2022.The company reported a good operating profit of 241.99 millions compared to 158.18 millions of corresponding previous quarter.

The sales for the December 2022 quarter moved up 40.35% to Rs. 2407.98 millions as compared to Rs. 1715.65 millions during the corresponding quarter last year.Net profit surges 75.36% to Rs. 107.74  millions  from Rs. 61.44 millions in the quarter ended December 2022.The company reported a good operating profit of 241.99 millions compared to 158.18 millions of corresponding previous quarter.

The Fund Raising Committee of the Board at its meeting held on September 06, 2022, has inter alia approved the issue and allotment

Salasar Techno Engineering is currently trading at Rs. 33.80, up by 0.55 points or 1.65% from its previous closing of Rs. 33.25 on the BSE.

The scrip opened at Rs. 33.10 and has touched a high and low of Rs. 34.85 and Rs. 33.00 respectively. So far 57588 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 35.35 on 28-Jun-2022 and a 52 week low of Rs. 20.20 on 14-Feb-2022.

Last one week high and low of the scrip stood at Rs. 34.15 and Rs. 31.25 respectively. The current market cap of the company is Rs. 1059.19 crore.

The promoters holding in the company stood at 69.70%, while Institutions and Non-Institutions held 0.93% and 29.38% respectively.

Salasar Techno Engineering has allotted 3 crore equity shares to qualified institutional buyers (QIBs) at the issue price of Rs 27.30 per equity share aggregating to Rs 81.90 crore.

The Fund Raising Committee of the Board at its meeting held on September 06, 2022, has inter alia approved the issue and allotment of 3 crore equity shares to QIBs at the issue price of Rs. 27.30 per Equity Share (including a premium of Rs. 26.30 per Equity Share), aggregating to Rs 81.90 crore, pursuant to the Issue.

Pursuant to the allotment of Equity Shares in the Issue, the paid-up Equity Share capital of the company stands increased from Rs 28,57,05,280 to Rs 31,57,05,280.
Salasar Techno Engineering is leading provider of customized steel fabrication and infrastructure solution in India.

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Salasar Techno Engineering has informed that Rahul Rastogi Company Secretary of the Company has tendered his resignation from the post of the Company Secretary (CS) and Compliance Officer (CO) of the Company with effect from 30th November, 2022.

The above information is a part of company’s filings submitted to BSE.

Salasar Techno Engineering has informed that it enclosed a press release in connection with New Two orders worth 748.46 Crore received from Pashchimanchal Vidyut Vitran Nigam Limited (PVVNL).

The above information is a part of company’s filings submitted to BSE.

The company has received orders from Pashchimanchal Vidyut Vitran Nigam

Salasar Techno Engineering is currently trading at Rs. 56.90, up by 0.50 points or 0.89% from its previous closing of Rs. 56.40 on the BSE.

The scrip opened at Rs. 58.00 and has touched a high and low of Rs. 58.30 and Rs. 55.75 respectively. So far 229040 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 58.30 on 21-Dec-2022 and a 52 week low of Rs. 20.20 on 14-Feb-2022.

Last one week high and low of the scrip stood at Rs. 58.30 and Rs. 48.05 respectively. The current market cap of the company is Rs. 1767.95 crore.

The promoters holding in the company stood at 63.07%, while Institutions and Non-Institutions held 12.18% and 24.74% respectively.

Salasar Techno Engineering has secured two Letter of Intents (LoI) worth Rs 748.46 crore from Pashchimanchal Vidyut Vitran Nigam (PVVNL) for Development of Distribution Infrastructure for loss reduction in District Bulandshahar, Hapur, Baghpat and Meerut of Uttar Pradesh State under Revamped Reforms based and Result Linked Distribution Sector Scheme (RDSS) for Electricity Distribution, GPS Survey, Design, Supply, Installation, GIS Asset Mapping, Testing and Commissioning of works related to loss reduction on turnkey bases under RDSS.

Salasar Techno Engineering is leading provider of customized steel fabrication and infrastructure solution in India.

In terms of the provisions of SEBI (Prohibition of Insider trading) Regulations, 2015 (as amended by SEBI (Prohibition of Insider trading) (Amendment) Regulations, 2018) read with the Company’s code of conduct to regulate, monitor and report trading by designated persons, Salasar Techno Engineering has informed that the trading window for dealing in securities of the Company have been closed from 01st January, 2023 till the expiry of 48 hours after the declaration of Financial Results of the Company for the Quarter ended 31st December 2022.

The above information is a part of company’s filings submitted to BSE.

The said order strengthens the company’s existing order book and will be executed in next 24 months i.e. over FY23, FY24 and FY25

Salasar Techno Engineering is currently trading at Rs. 51.80, up by 2.05 points or 4.12% from its previous closing of Rs. 49.75 on the BSE.

The scrip opened at Rs. 49.15 and has touched a high and low of Rs. 52.20 and Rs. 49.15 respectively. So far 439954 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 58.30 on 21-Dec-2022 and a 52 week low of Rs. 20.20 on 14-Feb-2022.

Last one week high and low of the scrip stood at Rs. 53.15 and Rs. 49.15 respectively. The current market cap of the company is Rs. 1633.77 crore.

The promoters holding in the company stood at 63.07%, while Institutions and Non-Institutions held 9.41% and 27.52% respectively.

Salasar Techno Engineering has secured the Letter of Intent (LoI) worth Rs 143 crore from Nepal Electricity Authority (NEA) for Procurement of Material equipment, associated accessories and necessary installation services including design, erection, testing and commissioning of 33/11 KV Substations and 33 KV, 11 KV, 400 V Lines and Distribution system Networks in Dang, Rukum East and Baitadi Districts of Nepal. The said order strengthens the company’s existing order book and will be executed in next 24 months i.e. over FY23, FY24 and FY25.

Salasar Techno Engineering is leading provider of customized steel fabrication and infrastructure solution in India.

The company has secured LoI worth Rs 143 crore

Salasar Techno Engineering is currently trading at Rs. 52.40, up by 0.25 points or 0.48% from its previous closing of Rs. 52.15 on the BSE.

The scrip opened at Rs. 51.80 and has touched a high and low of Rs. 53.85 and Rs. 50.80 respectively. So far 162604 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 58.30 on 21-Dec-2022 and a 52 week low of Rs. 20.20 on 14-Feb-2022.

Last one week high and low of the scrip stood at Rs. 53.15 and Rs. 49.15 respectively. The current market cap of the company is Rs. 1652.72 crore.

The promoters holding in the company stood at 63.07%, while Institutions and Non-Institutions held 9.41% and 27.52% respectively.

Salasar Techno Engineering has secured the Letter of Intent (LoI) worth Rs 143 crore from Nepal Electricity Authority (NEA) for Procurement of Material equipment, associated accessories and necessary installation services including design, erection, testing and commissioning of 33/11 KV Substations and 33 KV, 11 KV, 400 V Lines and Distribution system Networks in Dang, Rukum East and Baitadi Districts of Nepal. The said order strengthens the company’s existing order book and will be executed in next 24 months i.e. over FY23, FY24 and FY25.

Salasar Techno Engineering is leading provider of customized steel fabrication and infrastructure solution in India.

Quarterly Results

Rs.1.0000 per share(10%)Final Dividend

Quarterly Results

Stock Split Inter alia, considered and approved the following matters:- a) Alteration in the capital of the Company by sub-division/split of existing equity share of the Company from one equity share having face value of Rs. 10/- (Rupees Ten only) each, fully paid-up into Ten (10) equity shares having face value of Rs. 1/- (Rupees One only) each fully paid-up, subject to the approval of shareholders of the Company. The Record Date will be intimated in due course. Details of subdivision/split of shares in terms of SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 (?SEBI Circular?) are attached as Annexure ?A; and b) Alteration of the Capital Clause (Clause V) of the Memorandum of Association of the Company (MoA) on account of sub-division of equity shares subject to approval of shareholders of the Company. Brief of alteration in MoA in terms of SEBI Circular attached as Annexure ? B. c) Postal Ballot Notice for Sub-Division of shares of Equity Shares Capital of the Company and consequential alteration in Memorandum of the Company. d) Appointment of M/s Deepika Madhwal & Associates, Practicing Company Secretary as a scrutinizer to conduct the postal ballot procedure in transparent manner.

Stock Split Inter-alia to consider: 1. the proposal of sub-division/split of Companys existing equity shares having face value of Rs. 10/- each, fully paid up and matters related thereto, in such manner as may be determined by the Board of Directors, subject to such regulatory/ statutory approval as may be required, including the approval of shareholders of the Company. 2. Other incidental or ancillary matters.

Inter-alia transact the following businesses: i) to consider and approve, in order to augment the long-term resources of the Company, fund raising by issuance of securities on preferential basis and/or through QIP, FCCB, ADRs. GDRs issues, issuance of securities to existing shareholders on right basis, or in any combination thereof, in one or more tranches; ii) increase in Authorised Capital of the Company and consequent amendments in Memorandum and Articles of Association of the Company; and iii) any other item with the permission of the Chair

Final Dividend & Audited Results

Stock Split Inter-alia to consider: 1. the proposal of sub-division/split of Company's existing equity shares having face value of Rs. 10/- each, fully paid up and matters related thereto, in such manner as may be determined by the Board of Directors, subject to such regulatory/ statutory approval as may be required, including the approval of shareholders of the Company. 2. Other incidental or ancillary matters.

Quarterly Results

Quarterly Results

Quarterly Results

The Fund Raising Committee of the Board at its meeting held on September 06, 2022, has inter alia approved the issue and allotment

Salasar Techno Engineering has allotted 3 crore equity shares to qualified institutional buyers (QIBs) at the issue price of Rs 27.30 per equity share aggregating to Rs 81.90 crore.

The Fund Raising Committee of the Board at its meeting held on September 06, 2022, has inter alia approved the issue and allotment of 3 crore equity shares to QIBs at the issue price of Rs. 27.30 per Equity Share (including a premium of Rs. 26.30 per Equity Share), aggregating to Rs 81.90 crore, pursuant to the Issue.

Pursuant to the allotment of Equity Shares in the Issue, the paid-up Equity Share capital of the company stands increased from Rs 28,57,05,280 to Rs 31,57,05,280.

Salasar Techno Engineering is leading provider of customized steel fabrication and infrastructure solution in India.

The company has received orders from Pashchimanchal Vidyut Vitran Nigam

Salasar Techno Engineering has secured two Letter of Intents (LoI) worth Rs 748.46 crore from Pashchimanchal Vidyut Vitran Nigam (PVVNL) for Development of Distribution Infrastructure for loss reduction in District Bulandshahar, Hapur, Baghpat and Meerut of Uttar Pradesh State under Revamped Reforms based and Result Linked Distribution Sector Scheme (RDSS) for Electricity Distribution, GPS Survey, Design, Supply, Installation, GIS Asset Mapping, Testing and Commissioning of works related to loss reduction on turnkey bases under RDSS.

Salasar Techno Engineering is leading provider of customized steel fabrication and infrastructure solution in India.

The said order strengthens the company’s existing order book and will be executed in next 24 months i.e. over FY23, FY24 and FY25

Salasar Techno Engineering has secured the Letter of Intent (LoI) worth Rs 143 crore from Nepal Electricity Authority (NEA) for Procurement of Material equipment, associated accessories and necessary installation services including design, erection, testing and commissioning of 33/11 KV Substations and 33 KV, 11 KV, 400 V Lines and Distribution system Networks in Dang, Rukum East and Baitadi Districts of Nepal. The said order strengthens the company’s existing order book and will be executed in next 24 months i.e. over FY23, FY24 and FY25.

Salasar Techno Engineering is leading provider of customized steel fabrication and infrastructure solution in India.