Announced Thu, 10 Sept · 10:40 IST
Corporate guarantee exposure cut by nearly 80 percent via resolution plan
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
₹86.50
prior close
₹86.62
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.5+1.7+1.0-2.3-5.4-8.2-3.5-7.5—————
Up moveDown movePending
AI summary
Supreme Infrastructure India reduced its corporate guarantee exposure from about Rs 180 crore to Rs 36.51 crore, a cut of nearly 80 percent or around Rs 143.49 crore, through a court-approved resolution plan for its former subsidiary Kopargaon Ahmednagar Tollways (Phase I). The plan settles financial creditors' claims for Rs 36.51 crore and, upon final payment, the guarantees will be released, lowering contingent liability and invocation risk.
Likely market impact
Sharply lowers contingent liability and invocation risk; positive for balance sheet strength and legacy debt cleanup.