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Shrikant Pandey

21st Jul · SEBI-Registered Analyst

$SUPREMEINF

SUPREME INFRASTRUCTURE: ACHIEVES FINAL MILESTONE IN LENDER SETTLEMENT 🏗️💰 • 🏦 Supreme Infrastructure has achieved the final financial milestone for implementing its Scheme of Compromise and Arrangement with lenders. • 💵 With promoter support, the company has created a ₹120 crore Fixed Deposit with State Bank of India, sufficient to meet the balance settlement obligations to remaining lenders. • ⚖️ The Company Court has taken the Fixed Deposit on record and granted time until 17 August 2026 to complete the remaining banking and escrow formalities for full implementation of the scheme. • 🚀 The company expects the remaining process to be procedural, paving the way for completion of the restructuring scheme and supporting its long-term financial revival and value creation strategy. 🟢 Impact: Positive (The funding milestone significantly advances the debt restructuring process, improves financial stability and supports the company's operational revival.)

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