Supreme Infrastructure India Limited — Board Meeting, 18-10-2024: Outcome of Board Meeting

Supreme Infrastructure India Limited's Board approved the unaudited financial statements for Q1 FY2024, reflecting a net loss of ₹35,094.70 lakhs. Resignation of CS Mamta Chaoji as Company Secretary was noted. The firm faces ongoing challenges, including significant outstanding trade receivables and concerns regarding its going concern status amid accumulated losses exceeding ₹571,544.87 lakhs and dependencies on restructuring plans. Corporate insolvency proceedings have initiated for key subsidiaries.