
Auditor10 Jul 2026, 07:30 pm
Sanmit Infra Appoints New Statutory Auditor, Accepts Director Resignation
AI Summary
Sanmit Infra Ltd announced in a board meeting held on July 10, 2026, the acceptance of the resignation of Mr. Ajay Nanik Chandwani as Non-Executive Independent Director due to health reasons. The board also accepted the resignation of M/s. PAMS & Associates as Statutory Auditor. Subsequently, M/s. S S S S & Associates has been appointed as the new Statutory Auditor for a term of 5 years, subject to member approval. The company also confirmed the distribution of net proceeds from the sale of fractional shares post equity consolidation.
Key Highlights
- New statutory auditor appointed for a 5-year term.
- Independent Director resigned due to health and age.
- Previous auditor M/s. PAMS & Associates has resigned.
- Proceeds from fractional share sale to be distributed.
Price Impact
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