Safari Industries (India) Limited has successfully concluded its postal ballot process, with shareholders approving two critical special resolutions on 18th March 2026. The company announced the voting results in its regulatory filing, demonstrating strong shareholder confidence in the management's strategic direction.

Postal Ballot Resolutions Overview

The postal ballot notice dated 10th February 2026 sought shareholder approval for two key resolutions:

Voting Process and Participation

The remote e-voting process was conducted exclusively through the NSDL platform from 17th February 2026 (9:00 a.m. IST) to 18th March 2026 (5:00 p.m. IST). The company dispatched notices via email to 34,617 members on 13th February 2026, with the record date set for 13th February 2026.

Resolution 1: Managing Director Re-appointment Results

The resolution for Mr. Sudhir Jatia's re-appointment as Managing Director received strong support across all shareholder categories:

Resolution 2: QIP Fundraising Approval

The resolution for raising funds through QIP received even stronger support, with near-unanimous approval:

Scrutinizer's Validation

Dilip Bharadiya, Partner of M/s. Dilip Bharadiya & Associates, served as the appointed scrutinizer for the postal ballot process. The scrutinizer confirmed that both resolutions secured the requisite majority and were conducted in a fair and transparent manner. The voting process complied with Section 108 and 110 of the Companies Act, 2013, and relevant SEBI regulations.

Corporate Governance and Compliance

The company ensured full regulatory compliance by publishing advertisements in 'Business Standard' (English) and 'Sakal' (Marathi) on 14th February 2026. The postal ballot notice and related documents were made available on the company's website at www.safaribags.com , stock exchange websites, and NSDL's e-voting platform.

Both resolutions have been declared passed, enabling the company to proceed with the re-appointment of its Managing Director and explore fundraising opportunities through the approved QIP route. The strong shareholder support reflects confidence in the company's leadership and growth strategy.

Safari industries has announced a scheduled plant visit and analyst/investor meeting at its Jaipur facility, as communicated to the stock exchanges on February 17, 2026. The event is organized in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details and Schedule

The company has scheduled a comprehensive interaction program for analysts and investors at Safari Manufacturing Limited, its subsidiary located in Jaipur. The event will provide participants with an opportunity to visit the manufacturing facility and engage with the company's management team.

Regulatory Compliance and Transparency

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Safari Industries has formally notified both BSE Limited and National Stock Exchange of India Limited about the scheduled event through proper regulatory channels.

The company has specifically clarified that no unpublished price sensitive information will be shared during the meeting, ensuring compliance with regulatory guidelines. This approach maintains transparency while providing valuable insights to the investment community about the company's operations.

Operational Flexibility

Safari Industries has indicated that the date and participant list are subject to change due to potential exigencies on the part of analysts, investors, or the company itself. This flexibility ensures that the meeting can be adjusted if necessary while maintaining the commitment to stakeholder engagement.

The information regarding this scheduled meeting will also be made available on the company's official website at www.safaribags.com , providing broader accessibility to interested stakeholders and maintaining transparency in corporate communications.