Clarification on valuation report for proposed preferential issue
SUPREMEENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.6 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Supreme Engineering informed shareholders that it obtained a valuation report from an independent Registered Valuer for its proposed preferential issue of securities. This was done under SEBI ICDR Regulation 166A because the proposed allotment exceeds 5 percent of post-issue fully diluted capital. The clarification follows an NSE observation dated October 14, 2026. The 39th AGM was held on October 1, 2026. All other AGM notice terms remain unchanged.
Provides regulatory clarity for the preferential issue. No change to existing AGM terms. Possible dilution impact on existing shareholders remains key concern.