Announced Fri, 10 Jul · 19:27 IST
Sanmit Infra: New auditor appointed, independent director exits
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹51.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.9-2.7-3.5-5.4-6.5-1.4————
Up moveDown movePending
AI summary
Sanmit Infra board on 10 July 2026 noted: independent director Ajay Chandwani resigned effective 13 June due to age and health. Statutory auditor PAMS and Associates resigned effective 12 June citing geographical constraints. New auditor SSSS and Associates appointed for 5 years (FY27 to FY31), subject to AGM approval. Board also decided to distribute fractional share sale proceeds to eligible shareholders.
Likely market impact
Auditor change mid-term and director exit need monitoring. New auditor ensures audit continuity. Largely neutral for shareholders.