NSEPress Release2 Nov 2026 · 2 Nov 2026, 03:50 pm
Press Release
Supreme Infrastructure India Limited · SUPREMEINF
✦ AI Summary▲ PositiveDebt Restruc.
Supreme Infrastructure India Limited has completed a ₹2,200 crore debt settlement, clearing the path for the company's revival. The settlement was implemented within 24 hours of the NCLT order and ahead of the October 31 deadline, addressing the entire legacy debt and making the company debt-free.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Supreme Infrastructure India Limited has informed the Exchange regarding a press release dated November 02, 2026, titled "Supreme Infrastructure India Limited completes Rs. 2,200 Cr Debt Settlement, clears path for Revival.".
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Compliances/Letter/12
Date: November 02, 2026
BSE Limited, National Stock Exchange of India Limited,
The listing department, The listing department,
P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex,
Mumbai -400001. Bandra (East), Mumbai-400051.
Scrip Code: 532904 Symbol: SUPREMEINF
Subject: Submission of Press Release under Regulation 30 of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Ma'am,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, and in continuation of the disclosures made by the Company regarding the implementation of
the Scheme of Compromise and settlement of dues of financial creditors, please find enclosed
herewith a copy of the Media Release titled "Supreme Infrastructure Completes ,2,200 Crore
Debt Settlement, Clears Path for Revival."
The Media Release highlights the successful implementation of the Court-sanctioned Scheme of
Compromise under Sections 230-232 of the Companies Act, 2013, completion of the one-time
settlement with all financial creditors, receipt of No Dues Certificates from the remaining lenders and
the resultant debt-free status of the Company.
The aforesaid Media Release is also being made available on the website of the Company.
You are requested to take the above information on record.
Thanking you.
For Supreme Infrastructure India Limited
l Officer
SUPREME INFRASTRUCTURE INDIA LIMITED
Supreme House, Plot No.94/C, Pratap Gad, 1.1.T. Main Gate, Powai, Mumbai-400 076
Tel : + 91 22 6128 9700, Mob-+ 91 8425833332 Fax : + 91 22 6128 9711, website :www.supremeinfra.com
CIN: L 74999MH1983PLC029752
Supreme Infrastructure Completes ₹2,200 Crore Debt Settlement, Clears Path for Revival
• Implements court-sanctioned Scheme of Compromise within 24 hours of the Company
Court order dated October 28, 2026
• Completes the one-time settlement implemented by the existing management under Sec
230-232 of the Companies Act, 2013, ahead of the October 31, 2026 deadline
• Addresses entire legacy debt resulting the Company being deft free and opening better
business prospects
• Receives full and final No Dues Certificates from the respective financial creditors,
marking a key milestone in its financial restructuring
Mumbai, November 2, 2026: Supreme Infrastructure India Limited (“Supreme Infrastructure” or
“the Company”), an infrastructure development and construction company, has implemented
its court-sanctioned Scheme of Compromise and completed its one-time settlement within 24
hours of the October 28, 2026 order of the NCLT Mumbai Bench, ahead of the October 31
deadline. The resolution addresses entire legacy debt, marking a major milestone in the
Company's financial restructuring.
Originally sanctioned on March 28, 2025, the Scheme provided a structured framework for
resolving the Company's legacy obligations. The latest phase involved its remaining financial
creditors, State Bank of India (SBI), Punjab National Bank (PNB) and Union Bank of India (UBI).
Following implementation, the Company received full and final No Dues Certificates from the
respective creditors, confirming closure of their settled claims under the Scheme.
With this resolution, the exit process for all financial creditors has been successfully concluded.
Previously reported details indicate that entire settlement amount had been paid to lenders, with
11 creditors having received their settlements and released their charges before the latest phase
and balance 3 creditors being fully paid now.
Commenting on the development, Siddharth Jain, Chief Financial Officer, Supreme
Infrastructure India Limited, said, “Implementing the Scheme within 24 hours of the Tribunal's
order and ahead of the final deadline marks a defining milestone for Supreme Infrastructure. This
settlement reflects our commitment to supporting lender recovery and creating a stronger
foundation for the Company's revival. We believe that with promoter confidence and a
commitment to execution, businesses facing significant financial challenges can rebuild their
strength. Our focus now is on operational efficiency, disciplined project execution and
sustainable growth.”
The resolution process also involved financial and legal advisory support from AU Corporate
Advisory & Legal Services, led by Founder Akshat Khetan, which advised and hand-held the
promoters on the restructuring framework, lender negotiations and implementation strategy. The
successful implementation of the Scheme was further supported by the guidance and valuable
contributions of the Company's Independent Directors, particularly Mr. Dakshendra B. Agrawal
and Mr. Sushil Kumar Mishra, along with other advisors, well-wishers and, importantly, the
Supreme Family.
With the settlement completed, the Company will focus on operational revamping, project
selection, cost controls and working-capital management. The financial impact of the resolution
and applicable accounting adjustments will be reflected in its disclosures in accordance with
regulatory requirements. The accounting of the scheme implementation will inter-alia include
reversal of interest which will be done as per the applicable accounting standards. This will
further enhance the pre-qualification capacity of the Company to bid for new works.
About Supreme Infrastructure India Limited
Supreme Infrastructure India Limited is an infrastructure development and construction
company with an established presence across roads, bridges, buildings, water and power
infrastructure projects. The Company is focused on strengthening its financial position and
pursuing sustainable business growth.