With reference to a query from the exchange dated 28th May 2025, we hereby inform that we have already submitted the said statement along with the outcome of Board meeting vide acknowledgement ....
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Awaiting price reaction for this filing.
Superior Finlease Ltd has informed stock exchanges that its statutory auditors, M/s R.C. Agarwal & Company, have issued an Audit Report with a modified opinion on the financial results for the financial year ended 31st March 2025. The auditor's remark relates to a pending litigation involving SEBI, which is currently under consideration with the Securities Appellate Tribunal (SAT). This disclosure was made in response to a query from BSE dated 28th May 2025 and is filed in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations.
The modified audit opinion and pending SEBI litigation are governance red flags that may concern investors. The outcome of the SAT hearing could materially affect the company's standing and should be monitored closely.