NSEAction(s) initiated or orders passed18h ago · 15 Sept 2026, 07:57 pm

Action(s) initiated or orders passed

Salasar Techno Engineering Limited · SALASAR

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Salasar Techno Engineering Limited has received a Provisional Attachment Order from the Directorate of Enforcement (ED) under the Prevention of Money Laundering Act, 2002, attaching certain immovable properties worth ₹98,31,25,000 for 180 days.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10

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Salasar Techno Engineering Limited has informed the Exchange about Action(s) initiated or orders passed by the Directorate of Enforcement (ED).

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SALASAR_15092026195705_Intimation_30_Provisional_Attachment_Order_by_ED.pdf

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Salasar Techno Engineering Limited 15th September, 2026 The Manager – Listing The Secretary National Stock Exchange of India Ltd. Exchange Corporate Relationship Dept. Plaza, Bandra Kurla Complex Bandra East BSE Limited Mumbai – MH 400051 P. J. Tower, Dalal Street, Symbol - SALASAR Mumbai MH - 400001 Scrip Code: 540642 SUB: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Provisional Attachment Order issued by the Directorate of Enforcement (ED) Dear Sir/ Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of our earlier disclosure dated April 17, 2025 regarding the search proceedings conducted by the Directorate of Enforcement ("ED") on April 16, 2025 at the residential premises of Mr. Alok Kumar, Chairman, and Mr. Shashank Agarwal, Managing Director of Salasar Techno Engineering Limited ("the Company"), we hereby inform the Stock Exchanges of the following material development: The Company has today, i.e. September 15, 2026, received a Provisional Attachment Order dated September 12, 2026 ("PAO") issued by the ED under Section 5(1) of the Prevention of Money Laundering Act, 2002 ("PMLA"). Pursuant to the said PAO, certain immovable properties of the Company having an aggregate value of ₹98,31,25,000/- (Rupees Ninety-Eight Crore Thirty-One Lakh Twenty-Five Thousand only) have been provisionally attached for a period of 180 days. The said provisional attachment, inter alia, restricts the transfer, disposition, removal or dealing with the said properties for the aforesaid period, except as may be specifically permitted in accordance with applicable law. S. Details of the Property/ Owner Total Value of Value attached under No. Immovable the provisional property (INR) attachment Order (INR) 1. Bhilai manufacturing plant owned by the 66,46,60,000/- 40,95,00,000/- Company located at Mouza chhaoni, Tehsil & Distt. Durg, Chhattisgarh. CIN No. - L23201UP2001PLC209751 Regd. Off. & Unit 1- Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur- 201015 +91 8938802180, 7351991000 Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur-245304 +91 120 6546670 Fax: +91 11 45823834 Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur-245304 www.salasartechno.com towers@salasartechno.com marketing@salasartechno.com Salasar Techno Engineering Limited 2. Solar Power Plant owned by erstwhile EMC 101,53,20,000/- 57,36,25,000/- Limited (Since merged with the Company effective from 22/07/2026) located at Village Naini, Tehsil Karchana, Distt. Prayagraj, UP Total 167,99,80,000/- 98,31,25,000/- The Company further submits that neither the Company nor the aforesaid Directors has been summoned/ named as an accused in the prosecution complaint filed by the ED in connection with the aforesaid proceedings under the PMLA. The aforesaid Directors have extended their full cooperation during the proceedings and have provided the information, documents and clarifications sought by the concerned authorities. The aforesaid PAO is not likely to result in the disruption to the Company's business operations, and the Company continues to conduct its business in the normal course. The Company and its management remain committed to compliance and transparency and shall continue to cooperate with the concerned authorities, take appropriate steps in accordance with law and make timely disclosures to the Stock Exchanges on material developments. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. EBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (updated on January 30, 2026), in connection with said order are annexed herewith as Annexure-A. This is submitted for your information and record. Yours faithfully, For Salasar Techno Engineering Limited Shashank Agarwal Managing Director DIN: 00316141 CIN No. - L23201UP2001PLC209751 Regd. Off. & Unit 1- Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur- 201015 +91 8938802180, 7351991000 Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur-245304 +91 120 6546670 Fax: +91 11 45823834 Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur-245304 www.salasartechno.com towers@salasartechno.com marketing@salasartechno.com Salasar Techno Engineering Limited Annexure-A Disclosure under sub-para (19) of Para A of Part A of Schedule III to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SE81/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (updated on January 30, 2026) S. Particulars Details 1. Name of the authority Directorate of Enforcement (ED), Government of India 2. Nature and details of the action(s) The Directorate of Enforcement has issued a taken, initiated or order(s) passed Provisional Attachment Order dated September 12, 2026 under Section 5(1) of the Prevention of Money Laundering Act, 2002 (PMLA), pursuant to which certain immovable properties of the Company having an aggregate value of ₹98,31,25,000/- (Rupees Ninety-Eight Crore Thirty-One Lakh Twenty-Five Thousand only) have been provisionally attached for a period of 180 days. 3. Date of receipt of direction or order, The Company received the Provisional including any ad-interim or interim Attachment Order on September 15, 2026. orders, or any other communication The order is dated September 12, 2026. from the authority 4. Details of the violation(s)/ It has been alleged contravention of the contravention(s) committed or alleged provisions of Section 5(1) of the Prevention of to be committed Money Laundering Act, 2002 (PMLA). 5. Impact on financial, operation or other The provisional attachment relates to certain activities of the listed entity, immovable properties of the Company having quantifiable in monetary terms to the an aggregate value of ₹98,31,25,000/-. The extent possible. Company continues to conduct its business operations in the normal course and there has been no disruption to its day-to-day business operations on account of the aforesaid order. CIN No. - L23201UP2001PLC209751 Regd. Off. & Unit 1- Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur- 201015 +91 8938802180, 7351991000 Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur-245304 +91 120 6546670 Fax: +91 11 45823834 Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur-245304 www.salasartechno.com towers@salasartechno.com marketing@salasartechno.com