Update on recovery from Sticky debtors

SUPREMEINF · price

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▲ 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

+0.8%1-day move

₹79.34

prior close

₹80.98

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In-mkt

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5m10m15m30m1D2D3D4D5D7D15D1M2M3M

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AI summary

Supreme Infrastructure India Limited announced a significant development in recovering long-outstanding receivables from MMRDA (Mumbai Metropolitan Region Development Authority). The company has an outstanding claim of ₹45.47 Crores for flyover works executed at Rajnoli and Mankoli Junctions on the Thane-Bhiwandi Bypass Road (NH-3). MMRDA has constituted a Dispute Resolution Committee which held its preliminary meeting on April 10, 2026, marking a constructive step towards resolving this legacy receivable issue. The company views this as tangible progress in its efforts to resolve sticky debtors.

Likely market impact

This is a positive development for shareholders as it signals progress towards recovering ₹45.47 Crores in outstanding receivables, which could improve the company's cash flow and balance sheet once resolved. However, the amount is still subject to the DRC's adjudication process.