StockWatch
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Civil Construction
Loan & Debt18 May 2026, 07:31 pm

Supreme Infra Gets NCLT Extension for Debt Resolution

AI Summary

Supreme Infrastructure India Ltd. announced that the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, has granted a 30-day extension for making the balance payment under the approved debt resolution scheme. The delay was due to circumstances beyond the company's control. The NCLT noted that settlements with approximately 80% of lenders have been completed, and over 80% of the agreed settlement terms have been paid to the remaining lenders. The extension is expected to facilitate the successful implementation of the scheme and support the company's business operations.

Key Highlights

  • NCLT grants Supreme Infra a 30-day extension for debt resolution payment.
  • Delay due to circumstances beyond the company's control.
  • Settlements completed with approximately 80% of lenders.
  • Over 80% of agreed settlement terms paid to remaining lenders.
  • Extension to facilitate scheme implementation and business continuity.
SUPREMEINF
Civil Construction
SUPREME INFRASTRUCTURE INDIA LTD.

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