Supreme Infra bags new orders worth Rs 85 cr from Rolta & RNA Corp

Supreme Infrastructure India Limited (B.S.E Code: no: 532904), one of the most versatile Infrastructure companies in India has bagged in two new work orders worth Rs. 85.4 cr in the 2nd quarter of the financial year.

The first contract is awarded by Rolta India Ltd is for Civil, Structural & Allied works of Rolta Towers at Andheri East at Marol in Mumbai. This project worth Rs. 20 cr and is expected to be completed in a span of next 12 months. 

The second contract worth Rs. 65.4 cr is awarded by RNA Corp Ltd and is for Construction of Residential quarters of about 19 floors with 8 wings in Mira Road – East.

Commenting on the order Mr. Vikas B. Sharma, Director, Supreme Infrastructure India Ltd said “We are seeing good traction in our buildings division and the recent orders from Rolta India and RNA Corp boosts the prospects of this division in the overall business for Supreme Infrastructure.”

Recent Developments:

Issue of Shares on Preferential basis

• Supreme Infrastructure India Limited allotted 8,66,275 shares to Supreme Construction & Developers Pvt. Ltd. & Pivotal Securities Pvt. Ltd. On a preferential basis at Rs. 225/- per share.
• The funds raised from the preferential allotment are expected to be used towards expansion & growth in the BOT segments.

Some of its ongoing projects include:

• Construction of low cost housing projects for MMRDA
• Construction of IT Park in Powai
• Construction of Kapurthala Judicial Court Complex at Punjab 
• Construction of 4-Laning of Road along Sidhwan Canal at Punjab

About Supreme Infrastructure India Limited:
SUPREME INFRASTRUCTURE INDIA LIMITED [BSE code: 532904, NSE code: supremeinf] is a public limited company, formerly known as Supreme Asphalts Private Limited which was incorporated in 1983 and promoted by Shri. Bhawanishankar H. Sharma. Supreme Infrastructure Private Limited was incorporated in 2002 and was listed in 2007 on the BSE & NSE.

The company has been formed to undertake engineering works of unrestricted value with most of the Government departments, public & private sector organizations.

Apart from the latest methods and techniques, the company has introduced automation in its working styles like the use of QA/QC methods. As an organization, it is always on the move to improve its productivity further by resorting to new management of tools as they become available.