Supreme Infra Gets NCLT Nod for Debt Payment Extension

Supreme Infrastructure India Ltd. announced that the 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 company cited circumstances beyond its control for the delay, noting 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.