Sanmit Infra Ltd — Dividend/Bonus, 04-02-2026: Corp. Action
04-02-2026 | 07:52 pm
04-02-2026 | 07:52 pm
Sanmit Infra's board approved a Rs. 2 Crore term loan from SIDBI for working capital, boosting manufacturing operations. The company also announced leadership changes: its CEO resigned, and an Independent Director's tenure concluded. Concurrently, Mr. Nandkumar Gorkhnath Patil was appointed as a new Independent Director. A significant proposal for shareholder consideration involves consolidating 10 equity shares of Rs. 1 each into 1 share of Rs. 10 each. This aims to align the capital structure with the company's growth strategy and will require shareholder approval.
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