Superior Finlease Ltd

Board Meeting Outcomes

• Unaudited standalone results for quarter ended June 30, 2026 approved; limited review report attached.
• Board reconstituted Audit, Nomination and Remuneration, and Stakeholders Relationship Committees.
• Observation on audit statement noted; information submitted; matter under consideration by stock exchanges.

Clerical Correction

• Clerical correction: period corrected to June 30, 2026; no change in financial statements.

Committee Composition Details

• Audit Committee: Ravikant Sharma (Chair; Non-Executive Independent); Upendra Prasad Bhaskar, Vaibhav Vashist (Members).
• Nomination & Remuneration Committee: Ravikant Sharma (Chair); Upendra Prasad Bhaskar, Vaibhav Vashist (Members).
• Stakeholders Relationship Committee: Upendra Prasad Bhaskar (Chair); Ravikant Sharma, Vaibhav Vashist (Members).

Regulatory / SEBI Fines

• SEBI SOP non-compliance: total fine Rs 64,900 (Rs 55,000 basic + Rs 9,900 GST) for Reg 33.
• Fine payable within 15 days; potential promoter demat freeze if unpaid; board to report next meeting.
• Exchange may take further actions if non-compliance continues.

Meeting Details

• Date and time: 13 August 2026 at 2:30 PM, at the Company’s Registered Office.

Key Agenda Items

• Consider and approve unaudited standalone financial results for the quarter ended June 30, 2026, with Limited Review Report.
• Reconstitution of the Board Committees.

Other Notes

• Trading window closed from July 1, 2026 until 48 hours after results are declared.

Proceeds use and corrigendum

• Corrigendum clarifies object-wise use of proceeds for the preferential issue; estimated ₹1.50 crore.

Preferential issue and voting update

• EGM held Mar 18, 2026; proposal for private placement up to 15,64,159 equity shares.
• Issue price ₹5 per share; total up to ₹78,20,795.
• Non-promoter investors to receive up to 15,64,159 shares; six identified allottees.
• Remote e-Voting reopened for 48 hours: 19–21 July 2026.
• Cut-off date for voting: 10 July 2026.
• Relevant floor-price date: 17 February 2026.

Certificate status

• Confirmation certificate under Reg 74(5) issued by RTA for demat/remat period.

Audit qualification

• Auditors issued a modified opinion on audited financial results for year ended 31 March 2026.
• Qualification concerns revenue not recognised on accrual basis and inadequate NPA provisioning under RBI norms.