Sanmit Infra Limited's statutory auditor, M/s. PAMS & Associates Chartered Accountants, has resigned effective June 12, 2026, citing geographical constraints that have made it impractical to efficiently conduct audit procedures. The firm stated that while it continued to service the company through periodic visits and remote coordination after closing its Mumbai branch in 2024, increasing compliance and reporting requirements for a listed entity have made it difficult to manage the audit from its Bhubaneswar office.

The resignation was communicated via a letter dated June 12, 2026, from CA Kamal Chandra Das, Partner at M/s. PAMS & Associates. The firm confirmed there are no other material reasons for the resignation and no unresolved issues or qualifications requiring the attention of members or creditors. The auditor will file Form ADT-3 with the Registrar of Companies within the prescribed time.

Sanmit Infra Limited's Audit Committee and Board of Directors will take note of the resignation in their upcoming meetings. The Board intends to fill the casual vacancy by appointing a new statutory auditor. The company has submitted the necessary intimations to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

The following table outlines the key particulars of the auditor change as disclosed by the company:

The resignation follows specific regulatory references, including SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Circular SEBI/HO/CFD/POD2/CIR/P/0155 dated November 11, 2024. Sanjay Makhija, Managing Director of Sanmit Infra Limited, signed the disclosure submitted to the exchange.

Sanmit Infra Ltd has accepted the resignation of Ajay Nanik Chandwani as a Non-Executive Independent Director, effective from the close of business hours on June 13, 2026. The resignation was submitted due to advancing age and health-related issues, as stated in the official filing to the stock exchange.

The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Mr. Chandwani has provided a detailed resignation letter and verified that there are no other material reasons for his departure beyond those cited.

Resignation Details

The following table outlines the key particulars regarding the cessation of the directorship:

Independent Director Disclosures

Under Schedule III - Para A (7B) of Part A of SEBI LODR, the company provided additional information regarding the resignation. Mr. Chandwani confirmed that he does not hold directorships in any other listed entities. He also confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter.

In his resignation letter addressed to the Board of Directors, Mr. Chandwani stated that he does not have any claims against Sanmit Infra Limited, nor does the company have any claims against him. He requested the Board to file the necessary forms with the Registrar of Companies and intimations to the stock exchange promptly.