Supreme Infrastructure India Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on January 28, 2026
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Supreme Infrastructure India Limited has called its 42nd Annual General Meeting on Wednesday, January 28, 2026, at 11:00 AM via video conferencing. The record date is January 21, 2026, and remote e-voting runs from January 23 to January 27, 2026. Key business items include adopting FY2024-25 financial statements, re-appointing Mr. Bhawani Shankar Sharma as a director, ratifying Rs. 50,000 remuneration for the Cost Auditor, and appointing M/s Amruta Giradkar & Associates as Secretarial Auditor for five years (FY2025-26 to FY2029-30). Shareholders will also vote to appoint Mr. Chander Prakash Sharma as an Independent Director for a five-year term. Two special resolutions are on the agenda: raising the company's borrowing limit from Rs. 3,000 crore to Rs. 5,000 crore, and continuing Mr. Bhawani Shankar Sharma (aged 78) as a non-executive director beyond the SEBI-mandated age of 75.
The borrowing limit hike to Rs. 5,000 crore signals plans for higher debt-funded expansion, which could mean more leverage and interest costs ahead. The continuation of the 78-year-old founder and the request for a higher debt ceiling are routine governance items but reflect an aggressive growth stance; shareholders should review the FY2024-25 annual report for context.