Safa Systems & Technologies Limited has rescheduled its board meeting for the audited financial results for the half year and year ended March 31, 2026, to May 30, 2026. The meeting was initially set for May 26, 2026, but could not proceed due to the absence of a requisite quorum, specifically the non-availability of both independent directors whose presence is mandatory under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board will reconvene at the same venue and time on the new date to consider and approve the audited financial results. Once approved, the results will be submitted to the stock exchanges in compliance with SEBI (LODR) Regulations, 2015.

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's shares will remain closed until 48 hours after the declaration of the audited financial results.

Key Details of the Rescheduled Meeting

The postponement was formally communicated to BSE Limited, and the company has ensured that the revised notice will be circulated to all directors in compliance with statutory requirements.

Safa Systems & Technologies Limited has officially notified BSE Limited that it will not be submitting the Annual Secretarial Compliance Report for the financial year ended March 31, 2026, citing exemptions available to SME-listed companies.

Regulatory Exemption Details

The company has informed the stock exchange that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to its operations. This notification was made in reference to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026.

SME Exchange Benefits

Safa Systems & Technologies Limited is claiming exemption specifically under Regulation 15(2)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, which applies to listed entities that have listed their specified securities on the SME Exchange. This regulatory framework provides relaxation to SME listed companies from certain compliance requirements.

Company Information

The notification was signed by Faizal Bavaraparambil Abdul Khader, Managing Director of the company, bearing DIN: 07729191. The company operates under CIN NO: L52100KL2021PLC071051 and GST No: 32ABGCS8921G1ZB.

The company has requested BSE Limited to take this exemption notification on record, emphasizing that the relaxation provided under SEBI regulations exempts SME listed companies from submitting the Annual Secretarial Compliance Report to the stock exchange for the specified financial year.