SUPREMEENGNSESUPREME ENGINEERING LTDLowNeutral
Announced Wed, 9 Sept · 18:05 IST

Supreme Engineering 39th AGM on Oct 1, 2026; major preferential equity and warrants issue

Board & Shareholder Meetings View source PDFExplain this filing

SUPREMEENG · price

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AI summary

Supreme Engineering's 39th AGM is on October 1, 2026. Items include FY26 accounts, MD Sanjay Chowdhri's re-appointment, and large fundraising. The company proposes 28.10 crore equity shares at Rs 2.60 each (Rs 73.05 crore) and 14.50 crore warrants at Rs 2.60 each (Rs 37.70 crore, 25 percent upfront). Authorized capital rises to Rs 67.70 crore. Promoters including Sanjay Chowdhri take major portion. Cost auditor fee of Rs 50,000 needs approval.

Likely market impact

Large dilution from Rs 73 cr equity plus Rs 37.7 cr warrants issue; promoter subscription signals confidence. AGM on Oct 1.