Sanmit Infra Ltd Announces Resignation of Independent Director Ajay Nanik Chandwani
Sanmit Infra Ltd has announced that Mr. Ajay Nanik Chandwani, a Non-Executive Independent Director, has resigned from his position with effect from the close of business hours on June 13, 2026.The company confirmed that the resignation was necessitated by advancing age and health reasons.
Mr. Chandwani's departure is noted in alignment with corporate governance disclosures. In addition to the primary reason for stepping down, records indicate that the resigning director holds no directorships in other listed entities.
The details regarding the change in directorial status are presented below:
| Particular | Details |
|---|---|
| Director Name | Ajay Nanik Chandwani |
| Role | Non-Executive Independent Director |
| Date of Cessation | June 13, 2026 |
| Reason for Change | Advancing age and health related issue |
Mr. Chandwani confirmed that the resignation was due only to the aforementioned personal reasons and there were no other material matters influencing his decision.
Stock Price Movement
Sanmit Infra Ltd settled at ₹42.92 in the post-market session after edging higher by 4.99%. The shares experienced movement throughout the day, ranging from an intraday low of ₹38.88 up to a high of ₹42.92.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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