Supreme Infrastructure India Limited
Nature of Disclosure: Regulatory filing pursuant to SEBI (LODR) Regulations, 2015 regarding debt refinancing activities.
Key Transaction Details:
- The company has successfully redeemed in full all outstanding Non-Convertible Debentures (NCDs) aggregating ₹25 Crore
- These NCDs were originally issued during the year 2025 pursuant to Board of Directors approvals
- The redemption represents full discharge of all obligations under these NCDs with no amounts remaining outstanding
Refinancing Terms:
- Subsequent to redemption, the company has issued new Non-Convertible Debentures
- The new NCDs feature a reduced coupon rate of 12% per annum
- This represents a significant reduction from the previous coupon rate of 20% per annum
- The refinancing was facilitated through association with a strategic investor described as a global investment fund
Financial Impact and Benefits:
- Reduction in overall cost of borrowing and finance costs associated with debt obligations
- Improvement in debt servicing capabilities and strengthening of liquidity position
- Optimization of capital structure through access to funding at more competitive terms
- Greater financial flexibility to support operational requirements and business growth initiatives
- Alignment with Board's objective of enhancing financial efficiency and promoting long-term value creation
Management Commentary:
The company states that this refinancing demonstrates institutional investor confidence in its business fundamentals and reflects ongoing efforts towards prudent financial management, optimization of borrowing profile, and efficient capital allocation. The company remains committed to optimizing its funding profile and creating long-term value for all stakeholders.
Regulatory Compliance:
This disclosure is made under Regulations 30 and 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.