Superior Finlease Limited disclosed the outcomes of its Board of Directors meeting held on Tuesday, 8th September 2026, which started at 02:30 PM and concluded at 05:30 PM.

1. Statutory Auditor Re-Appointment

  • The term of the existing Statutory Auditor will expire at the ensuing Annual General Meeting.
  • The company has decided to appoint a new Statutory Auditor and initiate the process for identifying and appointing a suitable auditor.
  • This appointment is subject to requisite approvals and applicable statutory compliances.

2. 32nd Annual General Meeting Arrangements

  • The Board considered the date, time, and mode of the 32nd Annual General Meeting for Financial Year 2025-26.
  • The draft AGM notice, Directors' report, and annexures were also considered.
  • These matters were not finalized or approved as the company has proposed to seek an extension of time for holding the AGM due to the statutory auditor matter.
  • These items will be considered and approved at a subsequent meeting.

3. Internal Auditor Re-Appointment

  • On the recommendation of the Audit Committee, the Board appointed Mr. Gaurav Vashist as the Internal Auditor of the Company for the Financial Year 2026-27.
  • The appointment is effective from 08.09.2026.
  • Mr. Gaurav Vashist is an experienced professional with a post graduate degree from XIMB (Xavier Institute of Management), Bhubaneswar.
  • He has approximately 20 years of experience in financial management, monitoring team members for operational efficiency, admin operations, commercial evaluation processes, and managing operations including claim handling and investigation.
  • Disclosure of interest: Mr. Gaurav Vashist is the brother of one of the directors, Mr. Vaibahv Vashist.

4. Scrutinizer Appointment

  • The Board appointed M/s. Ranjan Jha & Associates, Practicing Company Secretaries (ICSI Membership No. 8342 and C.P No. 9288) as scrutinizer for conducting the remote e-voting process at the Annual General Meeting for FY 2025-26.

5. AGM Extension Application

  • The Board approved the application to the Ministry of Corporate Affairs (MCA) seeking an extension of time for holding the AGM for the Financial Year 2025-26.
  • This application is subject to approval by the competent authority.