Announced Mon, 15 Jun · 14:12 IST
60-day extension granted to complete lender settlement scheme
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SUPREMEINF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹81.80
prior close
₹81.56
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.5+0.1+0.1-2.3-6.8-6.4-2.2-8.3-10.7+0.2-1.8——
Up moveDown movePending
AI summary
Supreme Infrastructure India said its Scheme of Arrangement/Compromise with lenders under Section 230 of the Companies Act, approved by NCLT, is in the final implementation stage. The company has made substantial payments and shown fund availability. Three remaining lenders have in principle agreed to a 60-day extension to complete the balance obligations, after a Court-Appointed Commissioner review.
Likely market impact
Positive as debt restructuring nears completion with lender cooperation, but 60-day delay pushes final closure back, keeping some uncertainty.