Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015 the management of the company is placed to inform the stakeholders that in furtherance ....
SUPREMEINF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, has granted a 30-day extension to Supreme Infrastructure India Ltd for making the balance payment under an approved debt resolution scheme. The extension was granted on May 15, 2026. The company states the delay was due to circumstances beyond its control and not due to any default on its part. The filing highlights that settlements with approximately 80% of lenders have already been completed, and more than 80% payment has been made to the remaining lender. This extension is expected to facilitate successful implementation of the scheme and support continuity of business operations.
Positive for shareholders as the company is progressing well with its debt resolution, having settled with 80% of lenders. The NCLT-granted extension provides additional time to complete the process without indicating any fundamental failure.