Sanmit Infra Ltd

Director resignation

• Ajay Nanik Chandwani, Independent Director (Non-Executive), resigns from Sanmit Infra Ltd.
• Effective from 13 June 2026.
• Reason: advancing age and health-related issues.
• Director confirms no other material reasons beyond those disclosed.
• Impact on board/committees: resigns as Independent Director; no other committee roles noted.
• Other listed directorships: Sanmit Infra Limited; none elsewhere.
• Board action: Board recorded resignation; no replacement details disclosed.

Dematerialisation status

• Dematerialisation requests for quarter ended 30 June 2026 were processed and confirmed to the depositories.
• Dematerialised securities were listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates were mutilated and cancelled after verification; depository's name substituted as registered owner within timelines.
• Period of dematerialisation activity: 01/04/2026 to 30/06/2026.

Meeting Details

• Date, time and venue: 10 July 2026 at 03:00 p.m., registered office.

Key Agenda Items

• Appointment of Statutory Auditor of the Company.
• Any other items.

Resignation

• Mr. Ajay Nanik Chandwani resigned as Non-Executive Independent Director.
• Resignation effective from close of business on 13 June 2026.
• Reason stated: advancing age and health-related issues.
• He confirmed no other material reasons for resignation.
• No listed entity directorships or board committee memberships were disclosed.
• No regulatory or shareholder approval requirement was mentioned.
• Board composition changes were not specified in the filing.

Purpose of EGM

• Consolidation of equity share face value
• Alteration of capital clause in Memorandum of Association
• Appointment of Mr. Nandkumar Gorkhnath Patil as Independent Director
• Approval for acquisition of equity shares in proposed subsidiary company

Summary of Resolutions

• Resolution 1: Ordinary, consolidation of equity share face value
• Resolution 2: Ordinary, alteration of capital clause in Memorandum
• Resolution 3: Special, appointment of Mr. Nandkumar Gorkhnath Patil as Independent Director
• Resolution 4: Special, approval for acquisition of equity shares in proposed subsidiary

Voting Outcome

• All resolutions approved with over 99.97% votes in favor
• Opposition votes were minimal, around 0.03% for each resolution
• No significant invalid votes reported

Shareholding and Control Impact

• No promoter or promoter group participation in voting
• No change in promoter shareholding or control reported

Board and Management Changes

• Mr. Nandkumar Gorkhnath Patil appointed as Non-Executive Independent Director

Purpose of EGM

• Consolidation of equity share face value
• Alteration to capital clause in Memorandum of Association
• Appointment of Mr. Nandkumar Gorkhnath Patil as Independent Director
• Approval for acquisition of equity shares in proposed subsidiary company

Summary of Resolutions

• Resolution 1: Ordinary resolution for share face value consolidation
• Resolution 2: Ordinary resolution for capital clause alteration
• Resolution 3: Special resolution to appoint Mr. Nandkumar Gorkhnath Patil as Independent Director
• Resolution 4: Special resolution for acquisition of equity shares in proposed subsidiary

Voting Outcome

• All resolutions approved with over 99.97% votes in favor
• Opposition votes were minimal, around 0.03% for each resolution
• No significant invalid votes reported

Shareholding and Control Impact

• No promoter or promoter group participation in voting
• No change in promoter shareholding or control reported

Board and Management Changes

• Mr. Nandkumar Gorkhnath Patil appointed as Non-Executive Independent Director