Safari Industries (India) Limited has formally declared that no encumbrance has been created on the shares held by its promoters and promoter group during the financial year ending March 31, 2026. This disclosure was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration, dated April 6, 2026, was addressed to BSE Limited and the National Stock Exchange of India Limited. It confirms that no direct or indirect encumbrance was made on the shares belonging to the Promoters, Promoter Group, or Persons Acting in Concert throughout the specified financial period.

Regulatory Compliance

The submission is a mandatory disclosure required under the SEBI regulations to ensure transparency regarding the holding status of promoter shares. The company requested the exchanges to take the declaration on record and acknowledge its receipt.

The communication was signed by Sudhir Jatia, a Promoter of the company, on behalf of Safari Industries (India) Limited.

Safari Industries (India) Ltd has officially completed the transition of its Registrar and Share Transfer Agent (RTA) services, marking a significant administrative change for the luggage manufacturer. The company announced the successful completion of the RTA change process on April 22, 2026, following confirmations from both major depositories.

RTA Transition Details

The transition involved a complete handover of registrar services between two established financial service providers:

Official Communication Framework

The company formally communicated the RTA change to both BSE Limited and National Stock Exchange of India Limited through official correspondence. The communication referenced the initial intimation dated February 10, 2026, demonstrating a structured approach to regulatory compliance.

Depository Confirmations

Both National Securities Depository Limited and Central Depository Services Limited provided formal confirmations for the RTA change, ensuring seamless electronic connectivity for the new arrangement. The confirmations were received following the company's initial intimation, demonstrating a well-coordinated transition process spanning over two months.

Operational Timeline and Documentation

The transition followed a precise timeline to ensure uninterrupted services for shareholders. Adroit Corporate Services Private Limited ceased to function as the company's RTA from the beginning of April 21, 2026, while MUFG Intime India Private Limited commenced operations as the new RTA from the same day, ensuring no service gap.

Safari Industries indicated that it will separately inform the stock exchanges upon signing the Tripartite Agreement between Adroit Corporate Services Private Limited, MUFG Intime India Private Limited, and the company. This agreement will formalize the transition arrangements and establish the operational framework for the new RTA relationship.

Transparency and Disclosure Measures

The company has committed to maintaining transparency by disclosing all relevant information on its official website at www.safaribags.com . This ensures that shareholders and stakeholders have access to updated information regarding the RTA change and can direct their queries to the appropriate service provider going forward. The formal communication was digitally signed by Managing Director Sudhir Jatia, adding authenticity to the official announcement.