Auditor13 Jun 2026, 07:21 pm
Sanmit Infra Ltd: Statutory Auditor Resigns Due to Geographical Constraints
AI Summary
Sanmit Infra Ltd announced the resignation of its statutory auditor, M/s. PAMS & Associates Chartered Accountants, effective June 12, 2026. The resignation is attributed to geographical constraints, making it impractical for the auditors to efficiently conduct audit procedures from their Bhubaneswar office to Mumbai-based operations. The company's Audit Committee and Board of Directors will address this in upcoming meetings to fill the casual vacancy.
Key Highlights
- Statutory auditor M/s. PAMS & Associates Chartered Accountants resigns.
- Resignation effective from June 12, 2026.
- Reason cited is geographical constraints.
- Board to appoint a new statutory auditor to fill the vacancy.
Price Impact
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