Sanmit Infra Limited

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.

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.

Sanmit Infra Ltd announced in a board meeting held on July 10, 2026, the acceptance of the resignation of Mr. Ajay Nanik Chandwani as an Independent Director due to advancing age and health issues. The company also accepted the resignation of its statutory auditor, M/s. PAMS & Associates. Subsequently, the board approved the appointment of M/s. S S S S & Associates as the new statutory auditor for a term of five years, from FY 2026-27 to FY 2030-31, subject to member approval. The board also confirmed the distribution of net proceeds from the sale of fractional shares arising from equity share consolidation.

Sanmit Infra Ltd announced that its Board of Directors accepted the resignation of Mr. Ajay Nanik Chandwani as a Non-Executive Independent Director, effective June 13, 2026, citing age and health reasons. The company also accepted the resignation of its statutory auditor, M/s. PAMS & Associates, effective June 12, 2026. M/s. S S S & Associates has been appointed as the new statutory auditor for a five-year term starting FY2026-27, subject to shareholder approval. The board also confirmed the distribution of proceeds from fractional share sales post-consolidation.

Sanmit Infra Ltd's Board of Directors met on July 10, 2026, approving the resignation of Independent Director Mr. Ajay Nanik Chandwani and statutory auditors M/s. PAMS & Associates. The board also appointed M/s. S & S S & Associates as the new statutory auditors for a five-year term starting FY2026-27, subject to member approval. Additionally, the board decided to distribute net proceeds from the sale of fractional shares, arising from a prior equity consolidation, to eligible shareholders after deducting expenses and taxes.

Sanmit Infra Ltd has announced that its Board of Directors will convene on July 10, 2026, at 3:00 PM IST. The primary agenda items for this meeting include the consideration and approval of the appointment of the company's Statutory Auditor. Other unspecified items may also be discussed. The meeting will be held at the company's registered office.

Sanmit Infra Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and will be effective from July 1, 2026, until 48 hours after the announcement of the unaudited financial results for the quarter ended June 30, 2026. The board meeting to approve these results is scheduled to be held on or before August 14, 2026. This measure is standard practice to prevent insider trading during sensitive financial reporting periods.

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.

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.

Sanmit Infra Ltd announced the resignation of Mr. Ajay Nanik Chandwani, a Non-Executive Independent Director, effective June 13, 2026. The resignation is attributed to advancing age and health concerns. Mr. Chandwani confirmed there are no other material reasons for his departure and that neither he nor the company have any claims against each other. This change will be effective from the closure of business hours on the specified date.