Safari Industries (India) Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling mandatory regulatory requirements under SEBI regulations for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 with both BSE Limited and National Stock Exchange of India Limited on April 6, 2026. Company Secretary and Compliance Officer Rameez Shaikh signed the submission, ensuring adherence to prescribed timelines.

Certificate Confirmation

Adroit Corporate Services Private Limited, serving as the company's registrar and share transfer agent, issued the compliance certificate on April 1, 2026. The certificate confirms that all securities received from depository participants for dematerialization during the quarter were properly processed and verified according to regulatory standards.

Compliance Verification

The registrar confirmed several key compliance aspects in their certificate:

• All securities received for dematerialization were confirmed to depositories within prescribed timelines
• Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Physical security certificates received for dematerialization were properly mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within the mandatory 15-day period

Regulatory Framework

This quarterly filing represents part of Safari Industries' ongoing compliance with SEBI's depositories and participants regulations, which govern the dematerialization process and ensure proper handling of securities transactions. The regulation requires companies to maintain accurate records and timely processing of all dematerialization requests through their appointed registrars.

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.