Sanmit Infra Ltd — Important, 23-12-2025: Company Update

Sanmit Infra Limited has secured a Letter of Intent for a Term Loan of 1.16 Cr from Small Industries Development Bank of India (SIDBI). This financing is specifically for purchasing equipment to support the company's enterprise development initiatives. The loan features an 8.85% annual interest rate, with repayment structured over 59 monthly installments following a six-month moratorium. The facility is backed by a first charge on the company's movable assets, a 0.29 Cr fixed deposit, and personal guarantees from key promoters. This strategic funding will facilitate essential equipment investments, driving operational expansion.