Supreme Infrastructure India Limited — Board Meeting, 04-07-2025: Outcome of Board Meeting
04-07-2025 | 12:00 pm
04-07-2025 | 12:00 pm
Supreme Infrastructure India Limited has announced a board meeting on June 27, 2025, approving a substantial preferential allotment of equity shares and convertible warrants. The company issued over 98 lakh equity shares to promoters and nearly 2.96 crore to non-promoter investors at Rs. 86.94 each, raising significant capital. Additionally, 1.26 crore convertible warrants were allotted to promoters and 94.6 lakh to non-promoters. The board also approved conversion of unsecured loans into 2.7 crore equity shares and secured loans into 45.4 lakh shares, strengthening the balance sheet. Promoters further infused funds to monetize non-core assets and resolve debt.
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