Supreme Infrastructure India Limited — Important, 19-06-2025: General Updates
19-06-2025 | 06:17 pm
19-06-2025 | 06:17 pm
Supreme Infrastructure India Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company is also proceeding with a significant equity dilution involving preferential allotment of approximately 12.75 crore shares, boosting total equity outstanding to about 13 crore shares. Promoters will hold around 47%, while non-promoters will hold approximately 37% post allotment. Key promoter entities and lenders are participating in this capital raise. This move strengthens the company’s equity base, potentially aiding future expansion and debt reduction.
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