ENCLOSED HEREWITH SCRUTINIZER REPORT WITH VOTING RESULTS
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Sanmit Infra Ltd held its Extra-Ordinary General Meeting on March 18, 2026, via video conferencing, where all 4 resolutions were passed with overwhelming majority (99.97% in favor). The resolutions covered: (1) Consolidation in face value of equity shares, (2) Alteration to capital clause in the Memorandum of Association, (3) Appointment of Mr. Nandkumar Gorkhnath Patil (DIN: 11518058) as Non-Executive Independent Director, and (4) Approval for acquisition of equity shares in a proposed company to make it a subsidiary. Out of 41,391 total shareholders, only 62 attended via VC, and voting was extremely thin with just 73,144 shares (0.0463% of total 15.8 crore shares) participating. Promoter group did not cast any votes despite holding 11.43 crore shares.
Shareholders should note three key developments: a face value consolidation exercise is now approved, a new independent director joins the board, and the company is set to acquire and create a new subsidiary. The extremely low voting participation (under 0.05% of shares) and absence of promoter voting on the subsidiary acquisition (where promoters are interested) means the corporate actions are cleared but reflect limited shareholder engagement.