Date: 02/06/2026
Open Offer Clarification
This disclosure provides clarification regarding the open offer for Supreme Infrastructure India Limited following communication from Systematix Corporate Services Limited, Manager to the Open Offer, dated June 01, 2026.
Regulatory Status
- SEBI issued an observation letter dated May 25, 2026 regarding the Draft Letter of Offer
- SEBI requires acquirers and PACs to proceed with open offer for 3,09,00,665 equity shares
- This represents 26% of the fully diluted voting share capital of the company
Acquirer Actions
- Acquirers/PACs have made representation to SEBI seeking reconsideration of certain observations
- Reconsideration requests include: exemption/withdrawal request, open offer timelines, offer size, escrow requirement, and interest computation
Company Position
- Supreme Infrastructure India Limited clarifies it is not the acquirer under the open offer
- Funding of escrow and implementation of open offer are obligations of the Acquirers/PACs
- These matters are being handled by acquirers/PACs in consultation with Manager to the Offer and SEBI
- Acquirers/PACs are pursuing appropriate remedies/representations before SEBI
- Matter is presently under regulatory consideration
Compliance Commitment
- Company remains committed to full compliance with all applicable laws
- Will continue to extend necessary cooperation to SEBI, Stock Exchanges, Manager to the Offer, and Acquirers/PACs
- Will make further disclosures as and when any material development occurs
Not Specified Sections
- KMP / Board / Auditor Changes: Not specified
- Dividend Declaration or Non-Declaration: Not specified
- Board Meeting Outcomes: Not specified
- Financial Results: Not specified
- Auditor's Report: Not specified
- Disinvestment / Strategic Actions: Not specified
- Media Release / Investor Communication: Not specified