NSEOne time settlement6d ago · 13 Aug 2026, 07:13 pm

One time settlement

Supreme Engineering Limited · SUPREMEENG

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Supreme Engineering Limited has informed the Exchange about One time settlement with Bank of India to reduce the debt liability of the company. The company has agreed to follow all the terms of the settlement and make all payments on time as scheduled.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk8/10
Liquidity Impact6/10
Market Sentiment5/10

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Supreme Engineering Limited has informed the Exchange about One time settlement with Bank of India

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SUPREMEENG_13082026191315_Announcements_OTS-Supreme.pdf

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August 13,2026 The Manager, Listing Department National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Symbol: SUPREMEENG Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- One Time Settlement with Bank of India Dear Sir/ Madam, In compliance of the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the company has received One Time Settlement (OTS) letter dated July 15, 2026, from Bank of India in respect of credit facilities availed by company. The Board of Directors approved and accepted the OTS offer on August 13, 2026. The Company has agreed to follow all the terms of the settlement and make all payments on time as scheduled. The requisite details are given hereunder: Reasons for opting for OTS To reduce the debt liability of the company. Brief Summary of the OTS Based on the letter from Bank of India, a One Time Settlement (OTS) has been approved for M/S Supreme Engineering Ltd for a total amount of Rs. 60.32 Crores, which is payable within 90 days from the date of acceptance. An upfront amount of Rs. 6.03 Crores (10%) has already been deposited and balance to be paid as per payment schedule. Reg. Office: R-223, M.I.D.C. Complex Rabale, Thane Belapur Road, Navi Mumbai 400701. – Tel.:022-27692232 / 27691997, Fax: 022 27690341 E-mail: cs@supremesteels.com Website: www.supremesteels.com Additionally, upon full receipt of the OTS amount, all existing legal proceedings including SARFAESI, NCLT, will be unconditionally withdrawn. Kindly take the above information on record. Thanking you, For Supreme Engineering Limited Sanjay Chowdhri Managing director Din: 00095990 Reg. Office: R-223, M.I.D.C. Complex Rabale, Thane Belapur Road, Navi Mumbai 400701. – Tel.:022-27692232 / 27691997, Fax: 022 27690341 E-mail: cs@supremesteels.com Website: www.supremesteels.com