Supreme Holdings Approves Related Party Transaction for JDA

Supreme Holdings & Hospitality (India) Ltd announced that its Board of Directors, in a meeting held on October 28, 2026, approved a Related Party Transaction concerning a Joint Development Agreement (JDA) with Mrs. Nitta Vinod Jatiya. This transaction involves the development of a property in Raigad, Maharashtra, estimated to yield approximately 1 lakh square feet of saleable area with a Gross Development Value (GDV) of around ₹100 crores. The development will include premium residential flats and retail spaces. The approval is subject to shareholder consent via Postal Ballot and compliance with applicable regulations. The Board also approved the draft notice for the Postal Ballot and appointed Mrs. Khyati Shah as the Scrutinizer for the remote e-voting process.