Superior Finlease Publishes EGM Corrigendum in Newspapers, Notifies Exchanges

Superior Finlease Limited has issued a corrigendum dated March 27, 2026, addressing a typographical error in the resolution passed at its Extra-Ordinary General Meeting (EGM) held on March 18, 2026. Following the EGM, the company has now published the corrigendum cum clarification in newspapers and formally notified stock exchanges on March 28, 2026.

Stock Exchange Notification

The company submitted newspaper clippings to BSE Limited (Scrip Code: 539835) and Metropolitan Stock Exchange of India Limited (Symbol: SUPFIN) on March 28, 2026. The corrigendum cum clarification was published in The Pioneer (English) and The Pioneer (Hindi) newspapers, making the information accessible to all stakeholders.

Correction Details

The company clarified that while the explanatory statement and table of proposed allottees were accurate, the resolution paragraph contained incorrect figures for the total number of equity shares and corresponding aggregate amount.

Parameter: Incorrect Details Correct Details Number of Shares: 11,64,159 shares 15,64,159 shares Aggregate Amount: ₹58,20,795 ₹78,20,795 Face Value: ₹1 per share ₹1 per share Issue Price: ₹5 per share ₹5 per share Premium: ₹4 per share ₹4 per share

The corrected resolution states that the company will issue 15,64,159 (Fifteen Lakh Sixty Four Thousand One Hundred Fifty Nine) equity shares of face value of ₹1 each at an issue price of ₹5 per equity share (including premium of ₹4 per share), aggregating up to ₹78,20,795.

Preferential Allotment Details

The preferential issue involves six non-promoter category allottees:

Sr. No: Name of Allottees: Maximum Equity Shares: Maximum Amount (₹): 1: Ram Bhagat Sharma 6,39,600 31,98,000 2: Manju Sharma 2,11,174 10,55,870 3: Surender Kumar 2,00,000 10,00,000 4: Ajay Kumar Singh 1,00,000 5,00,000 5: Ravi Kant Sharma 3,13,385 15,66,925 6: Puspa Kumari 1,00,000 5,00,000

Background and Timeline

The corrigendum follows a sequence of events beginning with the original EGM notice dated February 21, 2026, and a prior corrigendum submitted on March 12, 2026. The EGM was conducted on March 18, 2026, at 03:30 P.M. (IST) through Video Conferencing. The company received observations from Metropolitan Stock Exchange of India Limited after the EGM conclusion, prompting this additional correction.

The relevant date for determining the floor price was set as February 17, 2026, being 30 days prior to the EGM date as per SEBI ICDR Regulations.

Corporate Governance and Transparency

Superior Finlease emphasized its commitment to transparency and good corporate governance by making the corrigendum available on multiple platforms. The document is accessible on the company's website at www.superiorfinlease.com , stock exchange websites including BSE ( www.bseindia.com ) and Metropolitan Stock Exchange ( www.msei.in ), and has been published in newspapers.

The corrigendum was signed by Rajneesh Kumar, Director (DIN: 02463693), and digitally authenticated on March 27, 2026. All other information and contents from the original EGM notice dated February 21, 2026, and the first corrigendum dated March 12, 2026, remain unchanged and continue to be valid.

Superior Finlease Limited successfully conducted its Extraordinary General Meeting on March 18, 2026, securing overwhelming shareholder approval for significant capital restructuring initiatives. The company has now announced the detailed voting results under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Authorized Share Capital Enhancement

Shareholders approved the increase in authorized share capital with remarkable consensus. The resolution received approval under Sections 13, 61, 64 of the Companies Act, 2013, and SEBI regulations.

Parameter: Current Structure Approved Structure Authorized Capital: ₹5,50,00,000 ₹10,00,00,000 Number of Shares: 5,50,00,000 10,00,00,000 Face Value: ₹1 per share ₹1 per share Share Type: Equity Shares Equity Shares

The amendment required consequent changes to Clause V of the Memorandum of Association, providing the Board of Directors enhanced powers to manage capital structure, including rights to increase or reduce capital and consolidate or subdivide shares as deemed necessary.

Preferential Share Issue Approval

The second resolution authorized the preferential issue of equity shares to non-promoter category investors. This strategic move aims to raise capital through private placement while maintaining regulatory compliance.

Details: Specifications Number of Shares: Up to 11,64,159 Issue Price: ₹5 per share Premium: ₹4 per share Total Amount: Up to ₹58,20,795 Relevant Date: February 17, 2026 Investor Category: Non-promoter

The relevant date for floor price determination was set as February 17, 2026, being 30 days prior to the EGM date, in compliance with Chapter V of SEBI ICDR Regulations.

Detailed Voting Results

The company announced comprehensive voting results under Regulation 44, demonstrating strong shareholder support for both resolutions. Shri Ranjan Kumar Jha, Practicing Company Secretary, served as the scrutinizer for the e-voting process.

Voting Details: Resolution 1 Resolution 2 Resolution Type: Ordinary Special Total Shares Voted: 9,132,845 9,132,845 Votes in Favour: 9,128,052 9,113,052 Votes Against: 4,793 19,793 Approval Percentage: 99.95% 99.78% Result: Passed Passed

Shareholder Participation and Governance

The EGM was conducted with proper corporate governance protocols through video conferencing from 03:30 P.M. to 04:00 P.M. Remote e-voting was available from March 15, 2026, at 09:00 A.M. to March 17, 2026, at 05:00 P.M., ensuring broad participation in the decision-making process.

Participation Details: Numbers Total Shareholders on Record Date: 8,204 Cut-off Date: March 11, 2026 Public Shareholders via VC: 10 Promoter Participation: 0 Voting Percentage of Outstanding Shares: 30.43%

The company has committed to comply with all regulatory requirements, including submissions to the Registrar of Companies and stock exchanges where the company's shares are listed. Directors have been authorized to handle necessary documentation and regulatory approvals to implement the approved resolutions effectively.

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