Sanmit Infra Board Confirms April 30, 2026 Record Date for Share Consolidation

Sanmit Infra Limited has officially concluded its board meeting and confirmed the record date for share consolidation, following through on its previously scheduled corporate action. The company has set April 30, 2026 as the record date for determining shareholder eligibility for the consolidation process.

Board Meeting Outcome

The board meeting was held as scheduled on Saturday, April 4, 2026 at 04:00 p.m. at the company's registered office. The meeting concluded at 4:30 p.m. after addressing the primary agenda items related to share consolidation.

Meeting Details: Information Date: Saturday, April 4, 2026 Time: 04:00 p.m. to 4:30 p.m. Venue: Registered office of the Company Record Date Fixed: Thursday, April 30, 2026

Share Consolidation Structure

The board has approved a comprehensive share consolidation plan that will significantly alter the company's share structure. Under this arrangement, every 10 existing equity shares of Re 1 each will be consolidated into 1 equity share of Rs 10 each, both fully paid-up.

Consolidation Parameters: Details Existing Share Value: Re 1 each fully paid-up New Share Value: Rs 10 each fully paid-up Consolidation Ratio: 10:1 (10 old shares = 1 new share) BSE Security Code: 532435

Regulatory Compliance Framework

The decision has been communicated to BSE Limited's Department of Corporate Relations in compliance with Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30 and 42. This ensures full transparency and adherence to mandatory disclosure requirements for listed entities.

Compliance Details: Information Regulatory Framework: SEBI (LODR) Regulations, 2015 Applicable Regulations: Regulation 30 and 42 Exchange Notified: BSE Limited Department: Corporate Relations

Corporate Authorization

The official communication bears the digital signature of Managing Director Sanjay Makhija (DIN: 00586770), dated April 4, 2026. The formal notification has been submitted to BSE Limited where the company trades under BSE CODE: 532435, ensuring all stakeholders are informed of this significant corporate action.

Sanmit infra Limited has disclosed the comprehensive voting results and scrutinizer's report for its Extraordinary General Meeting held on March 18, 2026, with all four proposed resolutions receiving overwhelming shareholder approval of 99.97%. The company submitted the official documentation to BSE Limited on March 20, 2026, in compliance with Regulation 44(3) of SEBI Listing Regulations.

Meeting Overview and Participation

The EGM was conducted through video conferencing from 01:00 PM to 01:32 PM IST on March 18, 2026, with 62 members attending the virtual meeting. The scrutinizer Ramesh Chandra Mishra from M/s Ramesh Mishra & Associates (FCS 5477, CP 3987) supervised the entire voting process and submitted the official report on March 20, 2026.

Parameter: Details Total Shareholders (Record Date): 41,391 Record Date: March 11, 2026 Members Attended: 62 Promoter Group Attendance: 2 Public Shareholders Attendance: 60 Remote E-voting Period: March 15-17, 2026

Comprehensive Voting Results

All four resolutions achieved identical voting patterns with 50 members voting in favor and 4 members voting against across all agenda items. The voting results demonstrate strong shareholder confidence in the company's strategic initiatives.

Resolution Details: Votes in Favor Votes Against Approval Rate Share Consolidation: 73,123 21 99.97% Capital Clause Amendment: 73,123 21 99.97% Independent Director Appointment: 73,123 21 99.97% Subsidiary Acquisition Approval: 73,123 21 99.97%

Resolution Details and Outcomes

The first two ordinary resolutions focused on capital restructuring, including consolidation of equity shares and amendments to the Memorandum of Association's capital clause. The updated capital structure reflects ₹16,00,00,000 authorized share capital comprising 1,60,00,000 equity shares of ₹10 each.

The special resolutions addressed governance and expansion matters. Resolution 3 regularized the appointment of Mr. Nandkumar Gorkhnath Patil (DIN: 11518058) as Non-Executive Independent Director, while Resolution 4 approved acquisition of equity shares in a proposed company to make it a subsidiary.

Shareholding Pattern and Participation

The voting analysis reveals significant participation from public non-institutional shareholders, who cast 73,144 votes representing 0.17% of their total shareholding of 43,725,520 shares. Notably, promoter and promoter group members, holding 114,281,980 shares, did not participate in the e-voting process.

Shareholder Category: Shares Held Votes Polled Participation Rate Promoter Group: 114,281,980 0 0.00% Public Institutions: 0 0 0.00% Public Non-Institutions: 43,725,520 73,144 0.17% Total Outstanding: 158,007,500 73,144 0.05%

Regulatory Compliance and Documentation

Managing Director Sanjay Kanayalal Makhija (DIN: 00586770) digitally signed and submitted all required documentation to BSE Limited, ensuring full compliance with SEBI regulations. The scrutinizer's report was prepared in accordance with Section 108 of the Companies Act, 2013, and relevant MCA circulars issued through 2024.

The company utilized CDSL's e-voting platform for both remote voting and EGM voting, with the scrutinizer conducting the process in the presence of independent witnesses Mr. Aniket Dangi and Ms. Neha Sinha. All voting results have been made available on the company's website and CDSL platform as per regulatory requirements.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.