Corrigendum-cum-Clarification of the Notice of Extra-ordinary General Meeting held on March 18, 2026 through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)-Correction in issue ....
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Superior Finlease Ltd has issued a corrigendum to the Notice of its Extra-Ordinary General Meeting (EGM) held on March 18, 2026, to fix a typographical error in the resolution on a proposed preferential equity allotment. The issue size was wrongly mentioned as 11,64,159 equity shares aggregating to ₹58,20,795; the correct figure is 15,64,159 equity shares aggregating to ₹78,20,795 at ₹5 per share (face value ₹1, premium ₹4). The shares are being allotted to six non-promoter allottees, with the largest allottee being Ram Bhagat Sharma (6,39,600 shares, ₹31,98,000). The explanatory statement and the allottee table were already correct — only the headline number in the resolution was wrong. The same EGM also approved increasing the company's authorized share capital from ₹5.5 crore to ₹10 crore (5.5 crore shares to 10 crore shares of ₹1 each).
The corrected issue is ₹20 lakh larger than the earlier (incorrectly stated) figure, which means slightly more dilution for existing shareholders, though the allottee identities and per-share price remain unchanged. For retail investors, the substance of the preferential allotment plan is intact — this is essentially a paperwork correction triggered by post-EGM observations from the Metropolitan Stock Exchange.