Sanmit Infra Limited
Key Event Details
M/s. PAMS & Associates Chartered Accountants (Firm Reg. No 316079E) expressed unwillingness to continue as Statutory Auditor of Sanmit Infra Limited vide letter dated 12th June, 2026. The resignation is effective from 12th June, 2026.
Reason for Resignation
The resignation is due to geographical constraints as the registered office and operations of Sanmit Infra Limited are located in Mumbai while the audit firm is based in Bhubaneswar. The firm previously operated through a Mumbai branch which was closed in 2024, making it challenging to efficiently conduct audit procedures for a listed entity.
Auditor Profile and History
- Name: PAMS & Associates
- Address: Plot No-459, 2nd Floor, Sabarsahi, Near New AG Colony, Nayapalli, Bhubaneswar - 751012
- Appointment Date: Originally appointed at Annual General Meeting held on 29th September 2018
- Re-appointment: Re-appointed in 23rd AGM held on 20th July, 2023
- Scheduled Term Expiry: After FY ended 2027-28 (Annual General Meeting to be held in calendar year 2028)
- Latest Audit Report: Submitted audit report for year ended 31st March 2026 on 28th May, 2026
Auditor Declarations
The auditor confirms:
- No other material reasons for resignation beyond geographical constraints
- No unresolved issues or qualifications requiring attention of members or creditors
- No concerns were raised with Audit Committee/Board prior to resignation
- No information was withheld by management that would impact financial statements
- The auditor will file Form ADT-3 with Registrar of Companies within prescribed time
Company Response
Sanmit Infra Limited's Audit Committee and Board of Directors will take note of the resignation in their upcoming meetings and will take necessary steps to fill the casual vacancy caused by the resignation through appointment of new statutory auditor.