Founder and Chairman Shri Bhawani Shankar Sharma passes away
SUPREMEINF · price
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On the reaction day the stock moved 6.8 pts more than Nifty Microcap 250 and 7.2 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Supreme Infrastructure India Limited has informed the stock exchanges about the sad demise of Shri Bhawani Shankar Sharma Ji, the company's Founder and Chairman, on October 9, 2026. In line with SEBI rules, he will cease to be part of the promoter and promoter group. The company has praised his vision and leadership but has not yet announced a successor chairman.
Loss of founder and key leader may create leadership uncertainty; investors should watch for succession announcements.