Sanmit Infra Secures ₹35.1 Million Nagothane Road Project from Anand Constructions

1 min read Updated on 02 Mar 2026, 06:16 PM

Reviewed by

Shriram SScanX News Team

Overview

Sanmit Infra has won a ₹35.1 million micro surfacing contract from M/s. Anand Constructions for the Nagothane Road Project, covering 250,000 square meters. The project involves specialized road maintenance work with execution scheduled from March 15 to May 31, 2026, and includes comprehensive payment terms and a 24-month defect liability period.

*this image is generated using AI for illustrative purposes only.

Sanmit Infra has secured its ninth significant work order, winning a micro surfacing project at Nagothane Road from M/s. Anand Constructions. The contract spans 250,000 square meters with a total value of ₹35.1 million including GST, as disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015.

Project Specifications

The awarded project involves providing and laying micro surfacing course type-III (6 to 8 mm thick) grading using polymer modified cationic microsurfacing bitumen emulsion 12% with fibre reinforcement. This specialized road maintenance technique enhances pavement performance and extends road life.

Parameter:	Details
Project Type:	Micro Surfacing Course Type-III
Coverage Area:	250,000 SQMT
Contract Value:	₹35.1 Million (including 18% GST)
Client:	M/s. Anand Constructions
Project Location:	Nagothane Road

Project Timeline and Execution

The project is scheduled to commence on March 15, 2026, with completion targeted by May 31, 2026, providing a focused execution window of approximately 2.5 months. Sanmit Infra's scope includes all machinery, manpower, materials, fuel, quality control and assurance, supervision, and execution requirements.

Timeline:	Details
Commencement Date:	March 15, 2026
Completion Date:	May 31, 2026
Defect Liability Period:	24 months
Performance Guarantee:	Required

Contract Terms and Conditions

The agreement includes comprehensive payment and performance terms. Payment will be processed within 15 days of RA bill submission, with 5% retention deducted until completion. The contract provides for 5% mobilization advance on contract value excluding GST, recoverable between 20-80% work execution. Standard deductions include 2% IT and 1% labour cess as per prevailing norms.

Business Impact

This ninth significant work order strengthens Sanmit Infra's position in the infrastructure development sector, particularly in specialized road surfacing and maintenance services. The ₹35.1 million project value represents a meaningful addition to the company's order book and demonstrates continued client confidence in the company's technical capabilities and execution expertise in the micro surfacing segment.

Historical Stock Returns for Sanmit Infra

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.13%	-1.31%	-4.09%	-27.43%	-32.81%	-31.93%

Sanmit Infra

View Company Insights

View All News

Sanmit Infra Limited Board Approves Capital Clause Alteration in Memorandum of Association

1 min read Updated on 23 Feb 2026, 07:37 PM

Reviewed by

Ashish TScanX News Team

Add as a preferred
source on Google

Overview

Sanmit Infra Limited's board meeting on February 13, 2026 approved alteration to the capital clause in the company's Memorandum of Association. The meeting was held at the registered office from 4:00 PM to 5:30 PM, with the decision communicated to BSE on February 23, 2026 under Regulation 30 compliance. Managing Director Sanjay Makhiya signed the regulatory filing, demonstrating the company's commitment to transparent corporate governance practices.

*this image is generated using AI for illustrative purposes only.

Sanmit infra Limited has informed BSE about additional outcomes from its board meeting held on February 13, 2026. The company submitted supplementary information regarding decisions taken during the board meeting, highlighting key corporate governance actions.

Board Meeting Details and Outcomes

The board meeting was conducted on Friday, February 13, 2026, at the company's registered office. The meeting commenced at 4:00 PM and concluded at 5:30 PM, spanning a duration of one and a half hours.

Meeting Parameter:	Details
Date:	February 13, 2026
Day:	Friday
Start Time:	4:00 PM
End Time:	5:30 PM
Venue:	Registered Office

Key Decision on Capital Structure

The board considered and approved the alteration to the capital clause in the Memorandum of Association of the company. This decision was taken in addition to three other agenda items that were discussed during the meeting. The capital clause alteration represents a significant corporate action that requires regulatory compliance and shareholder notification.

Regulatory Compliance and Communication

The company communicated this information to BSE on February 23, 2026, pursuant to Regulation 30 requirements. The communication was signed by Sanjay Makhiya, Managing Director, bearing DIN 00586770. The document was digitally signed on February 23, 2026, at 18:56:28 +05'30', ensuring proper authentication and compliance with digital signature requirements.

Corporate Governance Framework

This disclosure demonstrates the company's commitment to maintaining transparency with stakeholders and adhering to regulatory requirements. The timely communication of board decisions, particularly those involving changes to the Memorandum of Association, reflects sound corporate governance practices and regulatory compliance standards.

Historical Stock Returns for Sanmit Infra