Supreme Infrastructure India Limited — Board Meeting, 04-07-2025: Outcome of Board Meeting
04-07-2025 | 11:54 am
04-07-2025 | 11:54 am
Supreme Infrastructure India has announced a board meeting focused on a major capital restructuring. The company allotted over 3.95 crore equity shares at Rs. 86.94/share on a preferential basis to promoters and non-promoters, raising nearly ₹543 Cr. Additionally, it issued around 2.2 crore convertible warrants priced similarly, potentially bringing in another ₹192 Cr. A significant portion of equity shares—3.15 crore—were allotted by converting unsecured and secured loans, helping deleverage the balance sheet. Promoters also infused fresh funds via monetization of non-core assets to aid in debt resolution. This move strengthens the financial position and sets the stage for future growth.
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