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Sanmit Infra LtdUpdates, 28-05-2025: Company Update

28-05-2025 | 08:51 pm

Sanmit Infra Limited’s auditor, Pams & Associates, has issued a clean audit opinion on the company’s Ind AS financial statements for the year ended March 31, 2025. The audit confirmed the accuracy of revenue recognition under Ind AS 115 and proper inventory valuation per Ind AS 2. Internal financial controls were found adequate and operating effectively. Physical verification of property, plant and equipment showed no material discrepancies. The company has no pending litigations, no term loans or debts in default, and has complied with statutory dues. No related-party or non-cash transactions with directors were noted. Overall, the financial statements present a true and fair view without material misstatements, supporting Sanmit Infra’s stable operational and financial position.

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