Supreme Industries Limited has announced the sad demise of its Chairman, Shri Bajranglal Surajmal Taparia, who passed away on Friday, January 30th, 2026. The company has formally notified the stock exchanges about this significant development in compliance with regulatory requirements.

Regulatory Notification

The company has informed both the National Stock Exchange of India Limited and BSE Limited about the Chairman's demise under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was issued on January 31st, 2026, through official communication to both exchanges.

Impact on the Organization

Supreme Industries described Shri Bajranglal Surajmal Taparia's passing as an irreparable loss to the company, its directors, and employees. As Chairman of the company, his leadership and guidance had been instrumental in the organization's operations and strategic direction.

Regulatory Compliance Details

The company has provided the mandatory details as required under Regulation 30 of SEBI Listing Regulations, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023:

Official Communication

The formal intimation was signed by R.J. Saboo, VP (Corporate Affairs) & Company Secretary, on behalf of Supreme Industries Limited. The communication was addressed to the market operations departments of both major stock exchanges to ensure proper regulatory compliance and transparency with stakeholders.

Supreme Industries Limited has successfully completed the redemption of its commercial paper worth ₹50 crore on the scheduled due date, demonstrating the company's commitment to meeting its financial obligations.

Redemption Details

The company completed the redemption of its commercial paper on January 27, 2026, exactly as per the original schedule. The redemption details are as follows:

Regulatory Compliance

The redemption was executed in full compliance with SEBI Master Circular No. SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated May 22, 2024. This circular governs the issue and listing of non-convertible securities, securitized debt instruments, security receipts, municipal debt securities, and commercial papers.

The disclosure was made pursuant to the regulatory requirements, including the FAQs for listing of Commercial Papers issued by BSE Limited. The company has certified that the entire redemption amount of ₹50 crore was paid on the due date.

Corporate Communication

Supreme Industries Limited formally notified BSE Limited through an official communication dated January 27, 2026. The notification was signed by R.J. Saboo, VP (Corporate Affairs) & Company Secretary, confirming the successful completion of the redemption process.

The timely redemption reflects the company's strong financial discipline and commitment to honoring its debt obligations as per the agreed terms and conditions.