SMT Engineering has announced a significant restructuring of its key board committees. The changes, approved during a board meeting on November 5, 2025, affect the composition of three crucial committees: the Audit Committee, the Nomination and Remuneration Committee, and the Stakeholders Relationship Committee.

Committee Restructuring Details

The company has implemented identical compositions for all three committees, effective November 5, 2025. The new structure is as follows:

Regulatory Compliance

This restructuring aligns with the company's commitment to maintaining robust corporate governance practices. The changes were made in accordance with Regulation 30, read with Regulations 18, 19, 20, and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The board meeting where these changes were approved commenced at 3:30 PM and concluded at 4:00 PM on November 5, 2025. The company promptly communicated these changes to BSE Limited as part of its regulatory compliance obligations.

Company Information

SMT Engineering, formerly known as Adarsh Mercantile Limited, operates under the Corporate Identity Number (CIN): L33120WB1992PLC055082. The company's registered office is located at 8a & 8b, Satyam Towers 3, Alipore Road, Kolkata, West Bengal, India, 700027, while its corporate office is situated at Plot No. 23 D Sector A Sanwer Road Industrial Area, Near Parle G Biscuit Factory, Indore 452015, Madhya Pradesh, India.

This restructuring of board committees represents a significant corporate action, potentially impacting the company's governance structure and decision-making processes. Shareholders and stakeholders may want to closely monitor how these changes influence the company's operations and strategic direction in the coming months.

SMT Engineering Limited (formerly known as Adarsh Mercantile Limited) announced that its Board of Directors convened on September 12, 2025, to discuss a proposal for fund raising through the issuance of securities. The meeting, which lasted from 5:00 PM to 6:20 PM IST, focused on exploring potential avenues for capital infusion.

Key Highlights

• The Board of Directors met to consider a proposal for fund raising.
• The method of fund raising will be through the issuance of securities.
• Specific details regarding the rate and size of the fund raising were not finalized during this meeting.
• A decision was made to determine the rate and quantum of the fund raising in a future Board meeting.

Next Steps

The company stated that the date for the next Board meeting, where the specifics of the fund raising will be finalized, will be communicated at a later time. This upcoming meeting is expected to provide more concrete details about the proposed securities issuance.

Company Background

SMT Engineering Limited, listed on the BSE with the scrip code 538563, is headquartered in Kolkata, West Bengal. The company's corporate office is located in Indore, Madhya Pradesh. SMT Engineering operates under the Corporate Identity Number (CIN): L33120WB1992PLC055082.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed the BSE Limited about the outcome of the Board meeting.

Investors and stakeholders are advised to await further communications from the company regarding the specifics of the proposed fund raising initiative. As always, any investment decisions should be made based on thorough research and professional advice.