Undertaking for Non-Applicability of Regulation 32 (Statement of Deviation) for the Fourth Quater ended 31st March, 2026
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Superior Finlease Ltd has submitted an undertaking to BSE and MSEI confirming that Regulation 32 (Statement of Deviation or Variation in fund utilisation) is not applicable for the quarter ended 31 March 2026. The company states it did not raise any funds through public issue, rights issue, preferential issue, or any other mode during the reporting period. Separately, the company has passed a board resolution for a proposed preferential issue but is currently awaiting in-principle approval from BSE. No securities have been allotted and no funds have been raised or deployed in this regard as of the filing date.
The filing carries no immediate shareholder impact as no public funds were deployed or deviated. However, the pending preferential issue proposal signals potential future equity fundraising that could dilute existing shareholders if approved.