Supreme Infra deposits ₹120 cr to seal debt settlement deal
The fixed deposit with SBI covers remaining obligations under a court-approved scheme, removing a key overhang for the micro-cap builder.
— 3 earlier stories on Supreme Infrastructure India Ltd. →What's new
- Supreme Infra placed ₹120 cr in a fixed deposit with State Bank of India to complete its debt resolution scheme.
- The Company Court took the deposit on record and set August 17 as the deadline for final procedural formalities.
- Management expects the scheme to be successfully concluded within the court-granted timeline.
Why this matters
For a micro-cap that has been stuck in a prolonged debt resolution process, this is the first tangible cash commitment — roughly 15.6% of market cap — to pay off lenders. It dramatically lowers the risk of scheme failure and removes the biggest overhang on the stock.
What we're watching
- Completion of escrow and banking formalities by SBICAP Trustee before the August 17 court deadline.
- Whether the debt resolution clears the way for normal operations or a controlling stake change under the SEBI open offer order.
- Any update on the company's ability to revive its core construction business, which reported just ₹14 cr in quarterly sales.
The full read
Supreme Infrastructure has moved from promises to cash. The ₹120 crore fixed deposit with SBI is the first hard evidence that the company can meet its court-approved lender settlement. At 15.6% of market cap, it is a serious commitment, especially for a micro-cap that posted just ₹14 crore in sales last quarter and has negative equity. The Company Court has given until August 17 to finish formalities. Management expects smooth sailing. For a stock that derived its entire mega-profit from a one-time settlement gain, this deposit removes the number-one overhang: that the scheme might fall through. The open question now is whether the debt closure clears the path for a normal business or accelerates the SEBI-mandated open offer for a controlling stake. Either way, the risk of a collapse has just dropped sharply.
Questions answered
- What exactly did Supreme Infrastructure announce?
- It created a ₹120 crore fixed deposit with State Bank of India, earmarked to complete payments to remaining lenders under a court-sanctioned debt restructuring scheme. The Company Court took the deposit on record and gave until August 17 for finishing procedural formalities.
- Why is this deposit significant?
- At about 15.6% of the company's market cap (₹695 cr), it is a concrete cash commitment from the promoter to settle debts. After years of extensions, it signals that the scheme will likely succeed, removing a major risk to the company's survival.
- How does this relate to the company's huge reported profit last year?
- Supreme Infra reported ₹5,796 crore in standalone net profit for FY26, driven entirely by a one-time settlement gain. The ₹120 crore deposit is the actual cash outflow needed to finalise that settlement with lenders.
- What happens next?
- SBICAP Trustee Company must complete the remaining banking and escrow formalities. The court has scheduled a follow-up on August 17. If all goes as planned, the debt restructuring scheme will be fully executed.
- What does this mean for the SEBI open offer order?
- In June, SEBI ordered the acquirers to launch a 26% open offer. A successful debt settlement could change the company's control structure. It remains to be seen if the offer proceeds or gets revised.
Supreme Infrastructure India Ltd.
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All notes on SUPREMEINF →- 21 Jul 2026 · 10:26 AM IST Supreme Infra deposits ₹120 cr to seal debt settlement deal
- 11d ago Supreme Infra's ₹5,796 cr profit is a settlement, not a business
- 12d ago Supreme Infra's ₹5,796 cr profit stems from settlement, not operations.
- 49d ago SEBI orders Supreme Infrastructure acquirers to launch a 26% open offer