Sanmitra Commercial

Sanmitra Commercial Limited is a public company established with the primary objective to provide commercial services and to trade and market different products. The management is currently evaluating plans to diversify its business activities while looking for the right opportunity to restart core operations. To generate income and cover some fixed costs, the company decided to use its extra funds to provide temporary loans and advances. In the 2023-24 financial year, the company did not start any new business, reflecting its current non-operational status in its main sectors. The future growth and success of the company depend entirely on when it can begin its operational activities once again. As of March 31, 2024, the company maintained a paid-up equity capital of ₹1,10,00,000.;