
Auditor19 Jun 2026, 04:50 pm
Sanmit Infra Auditor Resigns Due to Geographical Constraints
AI Summary
Sanmit Infra Ltd has announced the resignation of its statutory auditor, M/s. PAMS & Associates Chartered Accountants. The resignation is effective from June 12, 2026. The auditors cited geographical constraints as the primary reason, stating that their Bhubaneswar office's distance from Sanmit Infra's Mumbai operations makes it challenging to efficiently conduct audits. The company's Audit Committee and Board of Directors will address this in upcoming meetings to appoint a new statutory auditor and fill the casual vacancy.
Key Highlights
- Statutory auditor M/s. PAMS & Associates resigns effective June 12, 2026.
- Reason for resignation is geographical constraints.
- Company to appoint a new statutory auditor soon.
- Audit Committee and Board to discuss the vacancy.
Price Impact
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