Supreme Infrastructure India Ltd has reported substantial progress in its ongoing efforts to recover outstanding dues from the Mumbai Metropolitan Region Development Authority (MMRDA). The company has made significant strides in addressing financial claims totaling ₹45.47 crores related to flyover works executed at Rajnoli and Mankoli Junctions on the Thane-Bhiwandi Bypass Road (NH-3).

Recovery Progress and Committee Formation

The infrastructure company has established a dedicated dispute resolution committee to systematically address and resolve the pending claims with MMRDA. This committee formation marks a crucial milestone in the company's collection strategy and demonstrates a structured approach to resolving the financial dispute.

Committee Proceedings and Framework

The Dispute Resolution Committee (DRC) has recently convened its preliminary meeting and has established the framework for further proceedings. This development represents a constructive and time-bound mechanism for adjudication of the company's claim, reflecting tangible progress in Supreme Infrastructure's ongoing efforts to resolve its legacy receivables.

Strategic Implications

The establishment of the dispute resolution committee represents a formal mechanism to expedite the recovery process. This structured approach could potentially accelerate the resolution timeline and provide a clear pathway for addressing the outstanding financial obligations.

The recovery of ₹45.47 crores would significantly impact Supreme Infrastructure's cash flow and financial position. The company's proactive approach in establishing formal dispute resolution mechanisms demonstrates its commitment to recovering these substantial dues through proper channels as part of its continuous endeavor towards resolution and recovery of long-outstanding receivables.

Supreme Infrastructure India Limited has completed its regulatory compliance submission for the fourth quarter of fiscal year 2026, filing the mandatory certificate under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Submission

The company submitted its compliance certificate to both BSE Limited and National Stock Exchange of India Limited on April 13, 2026. The certificate pertains to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter and year ended March 31, 2026.

Registrar Confirmation

Big Share Service Private Limited, serving as the company's Registrar and Share Transfer Agent (RTA), issued the confirmation certificate dated April 09, 2026. The RTA confirmed that securities received from depository participants for dematerialization up to March 31, 2026, were properly processed and confirmed to the depositories.

The registrar's certificate validates several key compliance aspects:

• Securities received for dematerialization were confirmed (accepted/rejected) to depositories
• Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within the mandated 15-day period

Corporate Information

The submission was digitally signed by Company Secretary and Compliance Officer Sandeep Sauba Lengare, ensuring proper authorization and documentation of the regulatory filing. This quarterly compliance certificate demonstrates the company's adherence to SEBI's depository participant regulations and maintains transparency in securities handling processes.