Sanmit Infra Ltd — Others, 05-04-2025: ENCLOSED HERWITH DISCLOSURE UNDER REGULATION 30 OF SEBI (LODR), 2015 FOR RECEIPT OF LETTER OF INTENT DETAILS REQUIRED ATTACHED IN THE ANNEXURE-1

Sanmit Infra Ltd has announced a board meeting to discuss a Letter of Intent received from H.G. Infra Engineering Limited for Micro Surfacing Work in Telangana, with a contract value of ₹1.99 crore. The project is set to commence on April 1, 2025, and is expected to be completed within three months. Key payment terms include a pro-rata basis upon certification and a 5% retention amount on RA bills. This development signifies a growth opportunity for Sanmit in the infrastructure sector, potentially enhancing revenue streams, while successful execution could bolster investor sentiment and confidence in the company’s operational capabilities.