Supreme Infrastructure India Ltd gets BSE nod for warrant conversion

1 min read     Updated on 20 Jun 2026, 01:11 AM
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Supreme Infrastructure India Ltd has received BSE approval for listing 7,67,000 equity shares converted from warrants, issued at a premium of ₹76.94 per share to a non-promoter. The shares, with distinctive numbers 96735761 to 97502760, require trading approval and compliance with SEBI regulations before being admitted to dealings.

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Supreme Infrastructure India Ltd has secured listing approval from BSE Limited for 7,67,000 equity shares arising from the conversion of warrants. The shares, carrying a face value of ₹10 each, were issued at a premium of ₹76.94 per share to a non-promoter on a preferential basis. This development allows the company to increase its equity base, subject to final trading permissions.

The approval, conveyed via letter number LOD/PREF/RB/FIP/338/2026-27 dated June 08, 2026, covers shares bearing distinctive numbers from 96735761 to 97502760. While the listing has been granted, the shares will be admitted to dealings only after the company receives trading approval from the exchange and completes other applicable formalities. BSE has mandated compliance with Regulation 167 of the SEBI (ICDR) Regulations.

Trading Conditions and Compliance

To activate trading, Supreme Infrastructure India Ltd must submit confirmation letters from NSDL and CDSL regarding the crediting of shares to beneficiary accounts. Additionally, the company is required to file listing approval from the National Stock Exchange of India Ltd. if applicable, and confirmation regarding the lock-in of pre-preferential holding if necessary.

BSE has specified that the company must apply for trading approval within seven working days from the date of the listing approval, as per Schedule XIX of ICDR Regulations and a SEBI circular dated June 21, 2023. Failure to comply with this timeline may result in penalties.

Shareholding Pattern Disclosure

The stock exchange has directed the company to monitor its shareholding pattern closely. In the event of a change exceeding two per cent of the total paid-up share capital, the company must file the revised shareholding pattern in XBRL mode. This requirement falls under Regulation 31(1)(c) of the SEBI (LODR) Regulations, 2015.

The following table outlines the key details of the approved share issuance:

Detail Description
Number of Shares 7,67,000
Face Value ₹10 per share
Issue Price ₹76.94 per share (premium)
Allottee Category Non-Promoter
Distinctive Numbers 96735761 to 97502760
BSE Reference LOD/PREF/RB/FIP/338/2026-27

Historical Stock Returns for Supreme Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+2.01%-1.13%-0.76%-12.89%-16.99%+360.93%

How will the infusion of capital from this warrant conversion impact Supreme Infrastructure's liquidity and debt repayment capabilities?

What strategic projects or acquisitions is the company likely to target with the funds raised from this preferential allotment?

Could the entry of a significant non-promoter shareholder lead to shifts in the company's governance or future strategic direction?

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Sushil Kumar Mishra ceases as Independent Director at Supreme Infrastructure

1 min read     Updated on 05 Jun 2026, 01:53 AM
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Supreme Infrastructure India Limited announced the cessation of Mr. Sushil Kumar Mishra as Independent Director upon completion of his tenure effective June 03, 2026. The Board expressed appreciation for his contributions.

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Supreme Infrastructure India Limited announced that Mr. Sushil Kumar Mishra has ceased to be an Independent Director of the company upon completion of his tenure. The cessation of directorship is effective from the close of business hours on June 03, 2026. The company disclosed this development to BSE Limited and National Stock Exchange of India Limited in a filing dated June 04, 2026.

The intimation was made pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors and the management placed on record their appreciation for the valuable guidance, support, and contributions made by Mr. Sushil Kumar Mishra during his tenure.

Details of Change in Directors

The company provided specific details regarding the change in its board composition as required under Regulation 30(6) read with Schedule III Part A Para A(7) of the Listing Regulations.

Sr. No. Details of events Information of such event(s)
1. Reason for change Resignation of Mr. Sushil Kumar Mishra, Independent Director. Reason: Completion of Tenure as Independent Director.
2. Date of cessation June 03, 2026
3. Brief Profile Not Applicable
4. Disclosure of relationships Not Applicable

The filing was signed by Sidharth Jain, CFO of Supreme Infrastructure India Limited.

Historical Stock Returns for Supreme Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+2.01%-1.13%-0.76%-12.89%-16.99%+360.93%

Who will be appointed to replace Mr. Sushil Kumar Mishra as the new Independent Director?

How will the change in board composition impact the company's governance and strategic decisions?

What are the potential market reactions to this leadership transition?

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1 Year Returns:-16.99%