Clarification16 Sept 2026, 07:50 pm
Superior Finlease Corrects FY26 Financial Statement Error
AI Summary
Superior Finlease Ltd has issued a clarification regarding a clerical error in its Financial Statements for FY 2025-26. The error involved the inadvertent mention of an amount pertaining to a Preferential Issue, which was still pending allotment as of March 31, 2026. The company confirmed that the Preferential Issue was approved by shareholders at an EGM on March 18, 2026, but no allotment had been made by the financial year-end. The correction does not impact other aspects of the financial statements, and revised statements along with XBRL filings are being submitted.
Key Highlights
- Clerical error identified in FY26 financial statements.
- Preferential issue amount was inadvertently included.
- No allotment made for the preferential issue as of March 31, 2026.
- Revised financial statements and XBRL filings are being submitted.
- Correction has no other impact on the financial statements.
Price Impact
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