Superior Finlease Ltd (539835)
Latest quarterly results (Q1 FY27)
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Operating profit | ₹-0.0 | — | — |
| Net profit | ₹-0.0 | loss narrowed | to loss |
| EPS (₹) | -0.01 | — | to loss |
📢 Recent Corporate Announcements
Superior Finlease Limited submitted newspaper clippings of the extract of its Unaudited Standalone Financial Results for the quarter ended June 30, 2026. The results were published on August 15, 2026, in The Financial Express (English) and Jansatta (Hindi). This filing is an administrative compliance requirement under Regulation 47 of SEBI LODR Regulations, 2015, and contains no new financial information beyond previously declared earnings.
- Published newspaper clippings for the quarter ended June 30, 2026
- Advertisements released in The Financial Express (English) dated 15.08.2026
- Advertisements released in Jansatta (Hindi) dated 15.08.2026
- Filing submitted pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015
Superior Finlease Ltd has disclosed regulatory penalties from BSE and MSEI totaling ₹64,900 (including 18% GST) due to the late submission of financial results for the year ended March 31, 2026. The company also issued a correction for its Q1 FY27 (June 30, 2026) cover letter, which had inadvertently referenced the wrong period. Additionally, the Board reconstituted its Audit, Nomination, and Stakeholders committees effective August 13, 2026. The exchange has warned that a second consecutive year of non-compliance could lead to the company being moved to the 'Z' group (restricted trading).
- Total penalty of ₹64,900 levied by exchanges for delayed submission of FY26 financial results
- Warning issued that non-compliance for a second consecutive year will result in transfer to 'Z' group
- Promoter demat accounts face freezing if fines are not paid within 15 days of the notice
- Board committees reconstituted on August 13, 2026, including Audit and Nomination committees
- Correction issued for clerical error in the Q1 FY27 results cover letter dated August 14, 2026
Superior Finlease Ltd has submitted a formal undertaking to the exchanges regarding the non-applicability of SEBI Regulation 32 for the quarter ended June 30, 2026. The company confirmed it did not raise any capital through public, rights, or preferential issues during this period. As a result, there are no deviations or variations in the use of proceeds to report. This is a standard procedural filing for the micro-cap NBFC, which has a market capitalization of approximately Rs 3 crore.
- Confirmed non-applicability of SEBI Regulation 32 for the quarter ended June 30, 2026
- Zero funds raised via Public, Rights, or Preferential issues during the reporting period
- Company maintains a small scale with TTM revenue of only Rs 0.36 crore for FY26
- Promoter holding remains low at 3.06% as of June 2026
Superior Finlease Ltd approved its un-audited financial results for the quarter ended June 30, 2026, in a board meeting held on August 13, 2026. The company disclosed a regulatory penalty of Rs 64,900 (including GST) levied by both BSE and MSE for an 11-day delay in submitting the March 2026 results. This fine is significant given the company's small scale, representing approximately 26% of its total FY26 net profit of Rs 0.05 Cr. The board also reconstituted its Audit, Nomination, and Stakeholders committees effective immediately.
- Fine of Rs 55,000 plus 18% GST (Total Rs 64,900) levied by exchanges for late filing of March 2026 results
- Penalty calculated at a rate of Rs 5,000 per day for the period of non-compliance
- Promoter holding remains critically low at 3.06% as of June 2026
- Company warned of potential 'Z' category transfer and promoter account freezing if fines are not paid within 15 days
- Board committees (Audit, NRC, SRC) reconstituted effective August 13, 2026
Superior Finlease Ltd has been fined Rs 64,900 (including GST) by both BSE and MSE for delays in submitting financial results for the year ended March 31, 2026. The company is significantly behind on its reporting cycle, only approving results for the quarter ended December 31, 2025, on August 13, 2026. Exchanges have warned that a second consecutive year of non-compliance will result in the stock being moved to the 'Z' group, which carries restricted trading conditions. Furthermore, failure to pay the fine within 15 days may lead to the freezing of promoter demat accounts.
- Fine of Rs 55,000 plus 18% GST (Total Rs 64,900) imposed for non-compliance with Regulation 33.
- Approval of December 31, 2025, quarterly results delayed by approximately 7 months beyond the standard deadline.
- Warning of transfer to 'Z' group (restricted trading) if non-compliance persists for a second year.
- Promoter holding remains critically low at 3.06% as of June 2026.
- Board committees (Audit, NRC, SRC) reconstituted effective August 13, 2026.
Superior Finlease Ltd has scheduled a board meeting for August 13, 2026, to consider and approve its standalone un-audited financial results for the quarter ended June 30, 2026. The board will also discuss the reconstitution of various board committees. This follows a fiscal year (FY26) where the company reported a very low total revenue of approximately ₹0.36 crore. Given the company's micro-cap status (₹3 crore market cap) and extremely low promoter holding of 3.06%, the upcoming results are a key indicator of operational activity.
- Board meeting scheduled for August 13, 2026, at 2:30 P.M.
- Financial results to be reviewed for the quarter ended June 30, 2026.
- Trading window for securities has been closed since July 01, 2026.
- Board committees are set to be reconstituted during the same meeting.
- Company reported a marginal net profit of ₹0.02 crore in the preceding quarter (March 2026).
Superior Finlease has successfully passed a special resolution for a preferential issue of equity shares after re-opening its voting facility. The re-voting was triggered by a BSE observation on July 17, 2026, which flagged that the original issue objects were too broad. The company has now clarified that ₹1.50 crore of the proceeds will be specifically utilized for the development of software for its loan application platform. The resolution passed with a 99.99% majority of the votes cast.
- Clarified preferential issue object: ₹1.50 crore to be used for software development of a loan application platform
- Resolution passed with 99.99% majority, involving 7,305,927 votes in favor
- BSE observation on July 17, 2026, led to a corrigendum and re-opening of the e-voting facility
- Total of 8,358 shareholders were on record as of the July 10, 2026, cut-off date
- Remote e-voting was re-conducted between July 19 and July 21, 2026
Superior Finlease is re-opening its remote e-voting facility from July 19 to July 21, 2026, following regulatory observations from BSE regarding the specific use of funds from a proposed preferential issue. The company intends to issue 15,64,159 equity shares at ₹5 per share to six non-promoter individuals, aiming to raise approximately ₹78.21 lakh. The proceeds are specifically earmarked for the development of a loan application platform software, which has an estimated total cost of ₹1.50 crore. This corrigendum provides the object-wise utilization details previously queried by the exchange.
- Preferential issue of 15,64,159 equity shares at a price of ₹5 per share (including ₹4 premium)
- Total fundraise amount of ₹78,20,795 from six identified non-promoter allottees
- Estimated ₹1.50 crore to be utilized for the purchase and development of loan application platform software
- Remote e-voting facility re-opened for 48 hours starting July 19, 2026, at 09:00 AM
- Voting rights determined based on the shareholding as of the cut-off date, July 10, 2026
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