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

Sanmit Infra's board has approved a **2 Cr** term loan from SIDBI for working capital, bolstering manufacturing operations. Key leadership changes include the CEO's resignation and an independent director's term conclusion, balanced by the appointment of a new independent director. The board also put forth a proposal for consolidating 10 shares of Re. 1/- into one share of Rs. 10/-, aiming to refine the capital structure. An Extraordinary General Meeting will be held on March 18 to seek shareholder approvals for these important changes, including the share consolidation.