Supreme Engineering

Supreme Engineering received a ₹2.84 crore supply order from the Ministry of Defence for speciality alloy steel bars for defence applications. The domestic order was to be executed within six months and carried no promoter interest. The award followed a ₹5.29 crore superalloy supply order from a domestic entity managed by the Ministry of Heavy Industries on 28 September with a six-month execution timeline. Supreme Engineering manufactured made-to-order steel products at plants in Rabale and Khopoli and reported gross revenue of ₹24.77 crore in FY26. Borrowings stood at about ₹90.39 crore at the end of FY26, with secured bank debt in non-performing status since August 2021 and negative net worth.

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Supreme Engineering received a ₹5.29 crore domestic purchase order from a company managed by the Ministry of Heavy Industries and Public Enterprises for supply of superalloy. The order was to be executed over six months and involved supply of product with no promoter interest. Supreme Engineering manufactured made-to-order steel products at plants in Rabale and Khopoli, with finished-goods sales accounting for about 70% of revenue and job-work charges for about 30%. Revenue was ₹2,477.38 lakh in the year to March 2026. Revenue in the June quarter was ₹406.95 lakh, with domestic sales accounting for about 97% of revenue in the last fully detailed year.

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Supreme Engineering's board on 24 September approved a preferential issue of up to 28.10 crore equity shares of Re1 each at Rs2.60 per share to promoter and non-promoter investors, subject to shareholder approval. The board replaced 5.08 crore shares earmarked for nine earlier allottees disqualified under SEBI's ICDR Regulations with sixteen new investors, including 3.20 crore shares to Ashish Kacholia. Issue size, price and other terms were left unchanged. A preferential issue of 19.03 crore shares at Rs2.48 authorised in September 2024 remained unallotted as of March 2026. The company manufactured made-to-order steel at Rabale and Khopoli and reported gross revenue of about Rs24.8 crore in FY26, with secured bank debt non-performing since August 2021 and negative net worth.

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Supreme Engineering appointed Shweta Gupta as its company secretary and compliance officer with effect from September 8, 2026. Gupta, an associate member of the Institute of Company Secretaries of India, had experience in secretarial and statutory compliance for listed and unlisted companies and in corporate governance matters. The appointment filled a company secretary vacancy that had remained open since April 2024. The auditor's FY26 report had noted that the financial statements were not signed by all key managerial personnel; revenue for the year was ₹24.77 crore and net loss was ₹60.03 lakh.

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Supreme Engineering appointed Shweta Gupta as its company secretary and compliance officer with effect from September 8, 2026. Gupta is an Associate Member of the Institute of Company Secretaries of India and has experience handling secretarial and statutory compliances for listed and unlisted companies. The company had operated without a company secretary and compliance officer since April 2024, while its FY26 auditor again noted that the financial statements were not signed by all key managerial personnel. Supreme Engineering reported FY26 revenue of ₹24.77 crore and a net loss of ₹60.03 lakh, with borrowings of ₹90.39 crore.

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Aug 12 (Reuters) - Supreme Engineering Ltd SUPG.NS:

• TO CONSIDER FUND RAISING

Further company coverage: SUPG.NS

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July 23 (Reuters) - Supreme Engineering Ltd SUPG.NS:

• SUPREME ENGINEERING - SUPREME COURT DIRECTED TO DEPOSIT 10.6 MILLION RUPEES

Source text for Eikon: ID:nNSEV473P

Further company coverage: SUPG.NS

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Sept 7 (Reuters) - Supreme Engineering Ltd SUPG.NS:

• RE-APPOINTS SANJAY CHOWDHRI AS MD

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Further company coverage: SUPG.NS

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