Supreme Industries Limited has announced a significant leadership development with the election of Shri M.P. Taparia as Chairman of the Board and Company. The decision was made during a Board of Directors meeting held on Tuesday, February 17, 2026, marking an important milestone in the company's corporate governance structure.

Board Meeting Outcome

The Board of Directors elected Shri M.P. Taparia, who serves as Managing Director with DIN: 00112461, as the Chairman of the Board and Company with effect from February 17, 2026. Following this election, Shri M.P. Taparia now holds the combined position of Chairman and Managing Director of Supreme Industries Limited.

Meeting Details and Regulatory Compliance

The Board meeting was conducted on Tuesday, February 17, 2026, commencing at 11.00 a.m. and concluding at 11.40 a.m. The company has made the necessary disclosures to comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Disclosure

The company has informed both the National Stock Exchange of India Limited and BSE Limited about this corporate development. The disclosure was made in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, ensuring full transparency and compliance with regulatory requirements.

This leadership appointment represents a consolidation of executive authority under Shri M.P. Taparia's guidance, as he now serves in the dual capacity of Chairman and Managing Director of Supreme Industries Limited.

Supreme Industries Limited has successfully completed the redemption of its Commercial Paper (CP) worth ₹45 crore on the scheduled due date of February 12, 2026. The company formally notified BSE Limited about the completion of this financial obligation through an official communication.

Commercial Paper Redemption Details

The redemption pertains to a specific Commercial Paper with detailed parameters as outlined by the company:

Regulatory Compliance

The disclosure was made in accordance with SEBI's Master Circular No. SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated May 22, 2024, which governs the issue and listing of Non-Convertible Securities, Securitized Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Papers. The communication also referenced the 'FAQs for listing of Commercial Papers' issued by BSE Limited.

R.J. Saboo, VP (Corporate Affairs) & Company Secretary, certified that the entire redemption amount of ₹45 crore was paid by Supreme Industries Limited on the due date. The timely payment demonstrates the company's commitment to meeting its financial obligations as per the agreed terms.

Corporate Communication

The formal notification to BSE Limited was dated February 12, 2026, and included the company's official seal and signature of the authorized signatory. This communication ensures transparency and keeps the stock exchange informed about the company's debt servicing activities in compliance with regulatory requirements.