Supreme Infrastructure India Limited (SUPREMEINF) — Corporate Action Announcement
📢 Key Event
Lenders approve 60-day extension for Scheme of Arrangement implementation
🔄 What Changed
60-day extension granted for completing Scheme obligations
🔮 What's Next
Company will keep exchanges informed of further material developments
💡 Investor Takeaway
Shareholders face extended resolution timeline but scheme progress remains on track
Supreme Infrastructure India Limited announced that lenders have agreed to a 60-day extension to complete the Scheme of Arrangement under Section 230 of the Companies Act, following a court-appointed commissioner's recommendation and prior fund availability demonstration. The extension addresses pending lender actions after substantial payments were made.
📄 View Original Announcement (PDF)
About Supreme Infrastructure India Limited (SUPREMEINF)
Construction · Construction · Listed on NSE
Market Cap: ₹783.37 Cr
P/E: 0.1
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