Sanmit Infra Ltd — Important, 04-02-2026: Company Update

Sanmit Infra's board approved terms for a Rs. 2 Cr term loan from SIDBI to support working capital requirements. The company also announced the resignation of CEO Shlok Sanjay Makhija and the conclusion of Independent Director Mr. Mohan Mallu Rathod's tenure. Additionally, the board put forward a proposal for share consolidation: 10 equity shares of Rs. 1 each into 1 equity share of Rs. 10, aiming to align the capital structure with growth strategy, pending shareholder approval. Mr. Nandkumar Gorkhnath Patil was appointed as a new Independent Director.