We are revising the Outcome of Board Meeting due to technical error as the footer was not visible in the earlier pdf filled on the stock exchange.
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The board of Superior Industrial Enterprises Ltd met on 4th September 2025 and approved multiple items in preparation for its 34th Annual General Meeting. These include fixing the record date, book closure and e-voting dates, appointing M/s. RSH & Associates as the scrutiniser, and approving the notice and date for the 34th AGM. The board approved the re-appointment of Mr. Arun Nevatia as Independent Director (no remuneration) and the regularisation of Mr. Gaurav Kumar Gupta's appointment as Independent Director (no remuneration). The board also sought shareholder approval for granting loans/guarantees up to ₹10 Crores under Section 186, related party transactions with Babri Polypet Private Limited worth up to ₹20 Crores over five years under Section 188, and authorisation to advance loans up to ₹10 Crores under Section 185. The Secretarial Audit Report and the draft Board of Directors' report were also noted and approved.
This is largely administrative housekeeping ahead of the 34th AGM, but shareholders should note the proposed ₹20 Crore related party transaction limit with Babri Polypet Private Limited over five years and the borrowing/lending limits of ₹10 Crores each, all of which require shareholder approval via special resolution.