Sanmit Infra Ltd — Important, 10-07-2026: Company Update

The company's Board meeting approved key changes in governance and operations. An independent director, Mr. Ajay Nanik Chandwani, resigned due to age and health. The statutory auditor, M/s. PAMS & Associates, also resigned citing geographical constraints after their Mumbai branch closed. The Board appointed M/s. S S S S & Associates as the new statutory auditor for five years, pending shareholder approval. Additionally, the Board decided to distribute the net proceeds from the sale of fractional shares, resulting from a prior equity consolidation, to eligible shareholders after deducting expenses.