StockWatch
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Non Banking Financial Company (NBFC)
Investment13 Feb 2026, 09:32 pm

Superior Finlease Ltd. Approves Fundraising Measures, Including Preferential Issue of Equity Shares and Increase in Authorized Share Capital

AI Summary

Superior Finlease Ltd. announced that its Board of Directors, in a meeting held on February 13, 2026, approved various business matters. The approvals include the release of unaudited standalone financial results for the quarter ended December 31, 2025, an increase in the authorized share capital from Rs. 5,50,00,000 to Rs. 10,00,00,000, and a preferential issue of equity shares up to 15,64,159 at an issue price of Rs. 5/- each. The company will also apply for in-principal approval from Stock Exchange(s) and appointed Mr. Ranjan Kumar Jha as a scrutinizer for conducting the remote e-voting process. The Extraordinary General Meeting (EGM) will be held on March 18, 2026, through Video Conferencing or Other Audio-Visual Means. The relevant date for the preferential issue is February 17, 2026.

Key Highlights

  • Unaudited Standalone Financial Results for Q4 2025 approved
  • Authorized Share Capital increased from Rs. 5,50,00,000 to Rs. 10,00,00,000
  • Preferential issue of equity shares up to 15,64,159 at Rs. 5/- each
  • Application for In-Principal Approval from Stock Exchange(s)
  • Appointment of Mr. Ranjan Kumar Jha as a scrutinizer for conducting the remote e-voting process