Systematix Corporate Services Ltd ("Manager to the Offer") has submitted to BSE a copy of Draft Letter of Offer to the public shareholders of Supreme Infrastructure India Ltd ("Target Company").
SUPREMEINF · price
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Systematix Corporate Services, acting as Manager to the Offer, has submitted a Draft Letter of Offer to BSE for a mandatory open offer in Supreme Infrastructure India Ltd. The acquirers — Vikram Sharma, Supreme Lake View Bungalows Pvt Ltd, and RBS Real Estate Ventures Pvt Ltd, along with persons acting in concert — are offering to buy up to 66,81,577 equity shares (26% of pre-preferential share capital) at ₹97.60 per share in cash, totalling about ₹65.2 crore. The offer was triggered by a preferential allotment of shares and warrants to the promoters as part of a Composite Scheme of Compromise and Arrangement approved by NCLT Mumbai on March 28, 2025, to settle the company's financial debt. The objective is to gain substantial voting power and management control of the company. The tendering period is scheduled from February 10, 2026 to February 24, 2026.
Public shareholders can tender their shares at ₹97.60 each during the February 10–24, 2026 window. The offer signals a change in management control by the existing promoter group after a debt restructuring, which may influence the stock price depending on how it compares to prevailing market levels.