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

The company's board has approved a **₹2 Cr term loan from SIDBI** for working capital, strengthening manufacturing operations. It also approved a **10-for-1 share consolidation proposal** (10 shares of ₹1/- into 1 share of ₹10/-), aiming to align its capital structure, pending shareholder approval at an upcoming EGM. Key board changes include the **CEO's resignation** and an **Independent Director's term completion**, alongside the **appointment of Mr. Nandkumar Gorkhnath Patil** as a new Independent Director. These actions streamline governance and boost operational funding.