Supreme Infrastructure India Limited — Important, 19-06-2025: General Updates

Supreme Infrastructure India Limited has announced a board meeting to consider raising up to Rs. 1,108.34 Cr via preferential allotment of equity shares and convertible warrants at Rs. 86.94 per share/warrant. This includes issuing 7.38 Cr equity shares and 2.21 Cr convertible warrants to promoters and non-promoters, plus equity shares on conversion of unsecured (Rs. 235 Cr) and secured loans (Rs. 39.5 Cr). Proceeds of Rs. 833.84 Cr will mainly repay lenders’ dues under a debt restructuring scheme, with Rs. 50 Cr for working capital, Rs. 50 Cr for preference share redemption, and Rs. 83.84 Cr for general corporate purposes. Post-issue, promoter holding rises to 52.15%, non-promoters hold 47.85%.