Supreme Infra Secures ₹450 Crore Contract in Mumbai, Boosts Order Book to ₹1,725 Crore
Supreme Infrastructure India Ltd has won a ₹450 crore turnkey contract in Mumbai, boosting its order book to ₹1,725 crore. The project, while details are undisclosed, is likely a major infrastructure development in the city. This contract win potentially strengthens Supreme Infra's position in the sector and improves its revenue visibility for upcoming quarters.
24Jun 25
Supreme Infra Secures ₹450 Crore Contract in Mumbai, Boosts Order Book to ₹1,725 Crore
Supreme Infrastructure has won a ₹450 crore contract in Mumbai, boosting its total order book to ₹1,725 crore. The new contract, while details are undisclosed, significantly enhances the company's project portfolio and market position in Mumbai's infrastructure sector. This development could lead to improved revenue visibility and operational scale for the company.
04Apr 25
NCLT Approves Amalgamation Scheme for Supreme Infrastructure India, Signaling Potential Financial Restructuring
The National Company Law Tribunal (NCLT) has approved a scheme of amalgamation between Supreme Infrastructure India Limited and its creditors. This approval is expected to significantly impact the company's financial structure and operations, potentially leading to financial restructuring, operational changes, and improved creditor relations. The company, headquartered in Mumbai, operates in the infrastructure sector, focusing on roads, bridges, and civil construction projects.
The National Company Law Tribunal (NCLT) has approved Supreme Infrastructure India Ltd's (SIIL) debt settlement plan for ₹2,200 crore. SIIL will pay ₹464 crore to financial creditors through asset monetization (₹183.29 crore), equity raising (₹147.23 crore), and pledged asset monetization (₹133.48 crore). This approval marks a crucial step in SIIL's financial restructuring efforts, potentially improving its financial stability and creditor confidence.