Sanmit Infra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/06/2026 ,inter alia, to consider and approve Enclosed herewith Board Meeting ....
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Sanmit Infra Ltd has scheduled a Board Meeting on June 4, 2026 at 3:00 p.m. to consider and approve the terms and conditions of a sanction letter received from ICICI Bank for a Guaranteed Emergency Credit Line (GECL). The facility is structured as a working capital term loan under the government's Emergency Credit Line Guaranteed Scheme 5.0 (ECLGS 5.0). ECLGS is a government-backed scheme that provides credit guarantees to businesses, typically those needing liquidity support. The board may also take up any other item with permission of the chair during the meeting.
If approved, the new working capital term loan will provide additional liquidity support to the company for its operations. Since the facility is backed by a government guarantee under ECLGS 5.0, approval would likely be seen as a positive sign of bank confidence in the company and improve its short-term funding position.