What’s new

• CIDCO NAINA approved three additional floors at Supreme Holdings' Belmac Infinity project, moving from G+10 to G+13.
• The amended commencement certificate was issued on June 9, 2026.
• The company says the approval improves project value proposition and revenue potential.

Why it matters

For a nano-cap with a market cap of just ₹173 crore and a history of declining revenue, any addition to saleable area is material. While the financial impact is unquantified, this approval directly enhances the project's earning capacity and gives the company a tangible development update after a quiet period.

What we’re watching

• Whether the extra floors translate into faster sales or higher realisations at Belmac Infinity.
• Any disclosure on the total saleable area or revenue contribution from the new floors.
• Market reaction given the company’s thin liquidity and prior revenue decline.

The full read

Supreme Holdings just got a vertical upgrade for its flagship project: CIDCO NAINA issued an amended commencement certificate for Belmac Infinity in New Panvel, permitting three extra floors that take the building from G+10 to G+13, a straightforward development right that means more saleable area. For a nano-cap developer with a market cap of just ₹173 crore and revenue that has been sliding, that matters. The company says the approval improves value proposition and revenue potential. Not quantified. Still, it's a tangible positive for a stock with thin volumes and little news flow — it doesn't fix the company's larger challenges, but it does expand what it can sell at Belmac Infinity.

Primary source: BSE · NSE