New Launch14 Mar 2026, 06:32 pm
Sanmit Infra Ltd Incorporates Subsidiary - Sanmit Truevalue Infraprojects Pvt. Ltd
AI Summary
Sanmit Infra Ltd has incorporated a new subsidiary company, Sanmit Truevalue Infraprojects Pvt. Ltd on 10th March, 2026. The new company will carry out microsurfacing works and other road construction, road maintenance, and infrastructure development projects throughout India and abroad. Sanmit Infra Ltd has acquired 51% of the paid-up share capital of the new company, investing Rs. 5,10,000 for 51,000 Equity Shares of Rs. 10 each.
Key Highlights
- Sanmit Infra Ltd incorporates a new subsidiary, Sanmit Truevalue Infraprojects Pvt. Ltd.
- New subsidiary to focus on microsurfacing works and infrastructure development projects in India and abroad.
- Sanmit Infra Ltd acquires 51% equity shares of the new company for Rs. 5,10,000.
- The new company's infrastructure projects will include factories, manufacturing units, processing plants, and workshops.