Corporate Action7 Nov 2026, 03:50 pm
Supreme Infra Approves ₹45 Cr Debenture Allotment
AI Summary
Supreme Infrastructure India Limited announced that its Board of Directors, in a meeting held on November 07, 2026, approved the allotment of 450 Unlisted, Secured, Redeemable, Non-Convertible Debentures. These debentures have a face value of INR 10,00,000 each, aggregating up to INR 45,00,00,000 (INR 45 Crore). The allotment is on a Private Placement basis to lnRe Fund II, Scheme of lnRe Investments Trust. The debentures are plain vanilla, with a tenure of 366 days from the allotment date and a coupon rate of 12% per annum, payable on redemption. A first-ranking exclusive mortgage over the Bhiwandi Land will be created as security.
Key Highlights
- Board approved allotment of 450 Non-Convertible Debentures.
- Total value of debenture issue is INR 45 Crore.
- Allotment is on a Private Placement basis to lnRe Fund II.
- Debentures carry a 12% annual coupon rate.
- Security includes a mortgage over Bhiwandi Land.
Price Impact
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