Sanmit Infra Ltd Board Approves Equity Share Consolidation Details

Sanmit Infra Ltd Board Approves Equity Share Consolidation Details

Sanmit Infra Ltd Board Approves Equity Share Consolidation Details​

Sanmit Infra Ltd confirmed that its Board of Directors held a meeting on Saturday, April 4, 2026. During this session, the Board considered and approved the details regarding the consolidation of the company's equity shares.

The Board of Directors set the record date for the purpose of determining shareholder eligibility for the consolidated equity shares. This date is established as Thursday, April 30, 2026.

The consolidation structure dictates that every 10 existing equity shares of Rs. 1/- each fully paid up shall consolidate into one equity share of Rs. 10/- each fully paid up.

The company provided specific details concerning the equity share consolidation:

MetricDetail
Name of the CompanySanmit Infra Limited
Security CodeBSE
Type of Security & Existing Paid up ValueEquity Shares of Rs. 1/- each fully paid up
Record Date30-04-2026
PurposeDetermining the eligibility of shareholders to receive consolidated equity shares of Rs. 10/- ( fully paid-up) in exchange for every 10 existing equity shares of Rs. 1/- each (fully paid-up).

The Board meeting commenced at 4:00 P.M. and concluded at 4:30 P.M.

Source:​

 

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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