Supreme Infrastructure India Secures Progress on ₹45.47 Crore Recovery Claim from MMRDA
Supreme Infrastructure India Limited has reported a significant development concerning the resolution and recovery of long-outstanding receivables from the Mumbai Metropolitan Region Development Authority (MMRDA).The company confirmed that its claim pertains to flyover works that were executed by Supreme Infrastructure India Ltd. at Rajnoli and Mankoli Junctions on the Thane-Bhiwandi Bypass Road (NH-3).
According to the company, the outstanding claim amount held by Supreme Infrastructure India Ltd. from the MMRDA is ₹ 45.47 Crores.
In a positive step toward resolving these legacy receivables, the MMRDA has constituted a Dispute Resolution Committee (DRC). The committee recently convened its preliminary meeting on April 10, 2026, and outlined a comprehensive framework for further proceedings regarding the claim.
The constitution and commencement of proceedings before the DRC is noted as a constructive and timebound mechanism for the adjudication of the company's claim. This development marks tangible progress in the ongoing efforts by Supreme Infrastructure India Ltd. to resolve its long-standing dues.
The core financial details of the recovery effort are as follows:
| Area of Claim | Debtor | Outstanding Amount |
|---|---|---|
| Flyover Works (Rajnoli and Mankoli Junctions, Thane-Bhiwandi Bypass Road) | Mumbai Metropolitan Region Development Authority (MMRDA) | ₹ 45.47 Crores |
The initiation of proceedings through the MMRDA's Dispute Resolution Committee provides a formal mechanism for addressing the company's receivables issue.
SUPREMEINF Stock Price Movement
As of 10:33 AM, shares of Supreme Infrastructure India Limited are slipping by 1.68% in live trading, currently hovering at ₹78. The stock trades on a volume of 5,461 shares, showing immediate selling pressure in the morning session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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