Outcome of Board Meeting

• Security Code: 532904
• Company: SUPREMEINF

Supreme Infrastructure India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 11, 2017, approved and reaffirmed the earlier decision of the Board, for further issuance of securities for an amount not exceeding Rs. 250 crores (Two hundred fifty crores) including by way of equity shares/ warrants/ fully convertible debentures/ partly convertible debentures/ non convertible debentures with warrants / preference shares convertible into equity shares with or without detachable warrants with a right exercisable by the warrant holders to convert or subscribe to the equity shares or otherwise/ any other equity linked instrument and/or any other instrument convertible or exchangeable into equity shares, and/or other securities with or without warrants, though a Rights Issue and /or Qualified Institutional Placement, Preferential Allotment basis and/ or any other mode of issue permitted under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 (the "SEBI ICDR Regulations") and / or as may be permitted/ approved/ required by the Company's lenders in accordance with the Reserve Bank of India circulars/ guidelines for 'Scheme for Sustainable Structuring of Stressed Assets' ('S4A') and subject to necessary approvals/ permissions as may be required and in accordance with applicable provisions of the Companies Act, 2013, SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015, other applicable SEBI Guidelines / regulations and in accordance with any other applicable law in this regards.