BSE Notice No. 20260409-18 informs trading members that Sanmit Infra Ltd (Scrip Code 532435) has fixed 30 April 2026 as the record date for a share consolidation. Ten existing equity shares of Rs.1/- each will be consolidated into one equity share of Rs.10/- each (a 10:1 reverse split). Trading members are directed not to deal in the company’s equity shares on and from the record date.

Key Points

• Sanmit Infra Ltd (BSE: 532435) is undergoing a share consolidation effective 30 April 2026.
• Consolidation ratio: 10 shares of Rs.1/- face value → 1 share of Rs.10/- face value.
• Reference number for the consolidation: DR-621/2026-2027.
• Trading members must cease dealings in the equity shares of Sanmit Infra Ltd from 30 April 2026.
• No attachments were included with this notice.

Regulatory Changes

The face value of Sanmit Infra Ltd equity shares will change from Rs.1/- per share to Rs.10/- per share following the consolidation. The total number of outstanding equity shares will reduce proportionally (by a factor of 10). This constitutes a structural change to the company’s share capital.

Compliance Requirements

• Trading Members: Must not deal in the equity shares of Sanmit Infra Ltd (532435) on and from 30 April 2026 (the record date).
• Brokers/Depositories: Should update share records, holdings, and client portfolios to reflect the new face value and reduced share count post-consolidation.
• Members should take note of this circular and act accordingly.

Important Dates

Impact Assessment

This share consolidation will significantly reduce the total number of equity shares in circulation for Sanmit Infra Ltd while increasing the face value per share tenfold. Existing shareholders will hold one-tenth of their current share quantity at ten times the face value, leaving their proportional ownership unchanged. However, the market price per share is expected to adjust proportionally upward. The trading restriction from the record date means temporary illiquidity around 30 April 2026. Investors and trading members must update their systems and records to reflect the new share structure.