Superior Industrial Enterprises Limited has decided not to participate in the rights issue of Moon Beverages Limited, following a board meeting held on March 24, 2026. The decision was communicated to the Bombay Stock Exchange through an official disclosure under Regulation 30.

Board Meeting Details

The board meeting was convened specifically to consider the company's participation in Moon Beverages Limited's rights issue, pursuant to an offer letter received from Moon Beverages Limited. The meeting commenced at 5:00 PM and concluded at 5:20 PM on March 24, 2026.

Strategic Decision Rationale

After due deliberation, the board concluded that non-participation would be in the best interest of the company and its stakeholders. The decision was based on several key factors:

• Strategic Priorities: Focus on planned expansion of core business operations
• Resource Allocation: Optimal deployment of financial resources towards ongoing and upcoming projects
• Liquidity Management: Conservation of cash for business-aligned opportunities

Financial Position and Outlook

Despite having adequate financial capacity to participate in the rights issue, Superior Industrial Enterprises chose to prioritize internal growth initiatives. The company emphasized that conserving liquidity and deploying funds in opportunities aligned with its business objectives would better serve stakeholder interests.

Regulatory Compliance

The announcement was made in compliance with regulatory requirements, with Company Secretary cum Compliance Officer Muskaan Suhag signing the disclosure document. The communication was directed to the Bombay Stock Exchange, where the company trades under scrip code 519234.

Superior Industrial Enterprises Limited has announced its 34th Annual General Meeting (AGM) to be held on Sunday, September 28, 2025, at 12:30 P.M. through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company, which specializes in manufacturing corrugated boxes, has opted for a virtual meeting format in compliance with applicable provisions of the Companies Act, 2013, and SEBI regulations.

Key Details of the AGM

• Date and Time: Sunday, September 28, 2025, at 12:30 P.M.
• Mode: Video Conferencing (VC) or Other Audio Visual Means (OAVM)
• Deemed Venue: Registered Office of the Company at 25 Bazar Lane, Bengali Market, New Delhi - 110001

Important Dates

• Book Closure: September 22, 2025, to September 28, 2025 (both days inclusive)
• Cut-off Date: September 21, 2025
• E-voting Period: September 25, 2025 (9:00 AM) to September 28, 2025 (5:00 PM)

E-voting and Participation

Shareholders can participate in the AGM through VC/OAVM and cast their votes through the e-voting system provided by NSDL. The company has appointed CS Lovneet Handa (RSH & Associates, Company Secretaries) as the Scrutinizer for the e-voting process.

Annual Report and Notice

The Annual Report for the financial year 2024-25, along with the AGM Notice, has been sent electronically to shareholders whose email IDs are registered with the Company or Depositories. The documents are also available on the company's website.

Investor Relations

For any queries or issues regarding e-voting, shareholders can contact:

Ms. Muskaan Suhag Company Secretary and Compliance Officer Superior Industrial Enterprises Limited Regd. Office: 25, Bazar Lane, Bengali Market, New Delhi - 110001

The company encourages shareholders to update their email addresses with their respective Depository Participants to receive timely communications and participate in the AGM effectively.

Superior Industrial Enterprises Limited continues to adapt to the changing business environment by embracing digital solutions for shareholder engagement and corporate governance. The virtual AGM format ensures that shareholder participation and voting rights are maintained while adhering to safety protocols.