Supreme Infrastructure India Limited — Board Meeting, 21-07-2025: Outcome of Board Meeting
21-07-2025 | 11:00 am
21-07-2025 | 11:00 am
Supreme Infrastructure's Board confirmed significant progress on its NCLT-approved Scheme of Arrangement, with over 90% payouts completed. A minor portion of debt, related to margin monies for bank guarantees with three specific lenders (SBI, PNB, UBI), remains pending. Crucially, all financial creditors have unanimously agreed to extend the scheme for 90 days. This extension aims to finalize security creation for these remaining obligations, reflecting continued lender support for the company's debt resolution plan.
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