Sanmit Infra Ltd — Updates, 28-05-2025: Company Update

Sanmit Infra Limited’s independent auditors, Pams & Associates, have issued an unqualified opinion on the company’s Ind AS financial statements for the year ended March 31, 2025. The audit confirmed that the financials fairly present the company’s financial position, performance, equity changes, and cash flows, with effective internal financial controls in place. Physical verification of property, plant, equipment, and inventories showed no material discrepancies. The company has no pending litigations, has complied with statutory dues, and has no defaults on borrowings. No funds were advanced or received with restrictions on onward lending. No dividends were proposed for the year, and no suspicious transactions or whistleblower complaints were reported. Management’s internal audit system is adequate for the company’s size and operations.