Summary of Key Information:

BSE Scrip: SUPREMEENG | Series: EQ

Announcement Date: September 01, 2026

Nature of Security Issuance: Equity Shares and Convertible Warrants

Mode of Issuance: Preferential allotment to persons belonging to Promoter and Non-Promoter Category

Total Issue Size:

  • Up to 28,09,70,000 equity shares of face value Rs. 1/- each
  • Up to 14,50,00,000 convertible warrants of face value Rs. 1/- each

Listing Exchange: The National Stock Exchange of India Limited

Form of Allotment: Preferential allotment

Security Type: Equity shares and convertible warrants

Deemed Date of Allotment: Not specified in the document

Financial Impact of the Issuance:

Issue Price per Security: Rs. 2.60 per share/warrant (including premium of Rs. 1.60 per share)

Total Proceeds Expected:

  • Equity shares: Approximately Rs. 73,05,22,000 (28,09,70,000 shares × Rs. 2.60)
  • Convertible warrants: Approximately Rs. 37,70,00,000 (14,50,00,000 warrants × Rs. 2.60)
  • Total potential proceeds: Approximately Rs. 110,75,22,000

Impact on Earnings Per Share (EPS): Not disclosed

Impact on Shareholding Structure: Significant potential dilution through issuance of 28.09 crore new equity shares and potential conversion of 14.5 crore warrants into equity shares

Expected Use of Proceeds: Not disclosed

Impact on Capital Structure: Substantial increase in equity capital and potential future equity upon warrant conversion

Strategic Insights:

Rationale for the Issuance: Subject to approval of shareholders, in accordance with the Companies Act, 2013 read with the rules made thereunder and Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018

Impact on Company's Liquidity/Financial Health: The issuance will significantly improve cash position by approximately Rs. 110.75 crore if fully subscribed

Market Expectation Comparison: Not disclosed

Other Noteworthy Information:

  • The Board meeting was held from 8:00 p.m. to 9:00 p.m. on September 01, 2026
  • The financial results for the quarter ended June 30, 2026 will be considered and adopted at the next meeting of the Board of Directors
  • The preferential issue requires approval of shareholders
  • The price of Rs. 2.60 per share is not lower than the price determined in accordance with Chapter V of SEBI ICDR Regulations
  • For equity shares: 86 investors (4 promoters, 82 non-promoters)
  • For convertible warrants: 7 investors (3 promoters, 4 non-promoters)
  • Convertible warrants can be exercised into one equity share each at any time within 18 months from the date of allotment
  • Major equity share allottees include Sanjay Chowdhri (5.5 crore shares), Kunjana Dedhia (2.25 crore shares), Mahendra Kumar Kawad and Alka Kawad (2 crore shares)
  • Major warrant allottees include Sanjay Chowdhri (7 crore warrants), Abhinav Chowdhri (1.5 crore warrants), Pranav Chowdhri (1.5 crore warrants)