Sanmit Infra has informed that the Company has received In-Principal approval for the issue of 1171750 equity shares of Rs 10 each to be issued at a price not less than Rs 12.50 to Non-Promoters and 48,28,250 warrants convertible into 48,28,250 equity shares of Rs 10 each to be issued at a price not less than Rs 12.50 to Promoters on a preferential basis from Bombay Stock Exchange (BSE) vide their letter Bearing No DCS/PREF/JR/PRE/924/2020-21 dated December 30, 2020.
The above information is a part of company’s filings submitted to BSE.