Auditor10 Jul 2026, 07:30 pm
Sanmit Infra Ltd: Statutory Auditor Resigns, New Auditor Appointed
AI Summary
Sanmit Infra Ltd announced that its Board of Directors has accepted the resignation of its statutory auditor, M/s. PAMS & Associates, effective June 12, 2026. The Board also accepted the resignation of Mr. Ajay Nanik Chandwani as an Independent Director, effective June 13, 2026, citing age and health reasons. Concurrently, M/s. S S S & Associates has been appointed as the new statutory auditor for a five-year term, subject to shareholder approval. The company also confirmed the distribution of net proceeds from fractional share sales post-consolidation.
Key Highlights
- Statutory auditor M/s. PAMS & Associates has resigned.
- New auditor M/s. S S S & Associates appointed for five years.
- Independent Director Mr. Ajay Nanik Chandwani has resigned.
- Board meeting held on July 10, 2026, approved these changes.
Price Impact
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