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

Sanmit Infra's board approved terms for a 2 Cr term loan from SIDBI to boost working capital at its manufacturing unit. The company also saw personnel changes with CEO Shlok Sanjay Makhija's resignation and Independent Director Mr. Mohan Mallu Rathod's term ending. Simultaneously, Mr. Nandkumar Gorkhnath Patil was appointed as a new Independent Director for five years. The board endorsed a plan to consolidate 10 shares of Re 1 each into one share of Rs 10 to align its capital structure with long-term strategy, pending shareholder approval at an upcoming Extraordinary General Meeting.