Safa Systems & Technologies Ltd

Book Closure Details

• Book closure: 5 September 2026 to 11 September 2026, both days inclusive.
• Purpose: for the 5th Annual General Meeting.
• AGM date: 11 September 2026 at 03:30 PM via video conferencing.
• Type of security: Equity shares.
• E-voting period: 8 September 2026 09:00 to 10 September 2026 17:00.
• Remote voting cut-off: 4 September 2026.

agm details

• AGM on 11 September 2026 at 03:30 P.M. IST via VC/OAVM.
• Record date for remote e-voting: 04 September 2026.
• Remote e-voting: 08–10 September 2026; voting via CDSL during AGM.
• Annual report and notice served by email; posted on company website.

key resolutions

• Item 1: Adopt standalone financial statements for year ended 31 Mar 2026.
• Item 2: Adopt audited consolidated financial statements for year ended 31 Mar 2026.
• Item 3: Re-appoint Hydrose as Director, liable to retirement by rotation.
• Item 4: Re-appoint Sankaranarayanan Nair Sreejith as Independent Director.
• Item 5: Re-appoint Bengolan Anilkumar as Independent Director.
• Item 6: Shift registered office from Kerala to Delhi; MOA amendment.
• Item 7: Borrow funds up to Rs 500 crore.
• Item 8: Increase charge creation limit to Rs 500 crore.
• Item 9: Waiver of excess remuneration to MD for 2024-25 and 2025-26.
• Item 10: Waiver of excess remuneration to Sruthi Ali for 2024-25 and 2025-26.
• Item 11: Authorise payment of managerial remuneration in excess of limits for any year.
• Item 12: Increase MD remuneration to Rs 5,00,000 p.a.
• Item 13: Increase Sruthi Ali remuneration to Rs 5,00,000 p.a.
• Item 14: Preferential issue of up to 23.90 lakh equity shares at Rs 20.47.

dividend

• Dividend: no dividend proposed or declared for the year.

voting results

• Voting results not provided in filing; results to be declared at AGM.

director changes

• Hydrose (Hydrose Abdhul Kadher) retirement by rotation; eligible for re-appointment.
• Sankaranarayanan Nair Sreejith re-appointed as Independent Director.
• Bengolan Anilkumar re-appointed as Independent Director.

auditors

• Statutory Auditor: Kapish Jain & Associates; five-year term (2022–27).
• Secretarial Auditor: Amit Saxena & Associates; five-year term (2025–30).
• Internal Auditor: Alingal Pandian Rajeswari appointed for 2025-26.

material related party transactions

• Related party sales: Kanone Technologies ₹25.50 L; Faizal ₹0.63 L.
• Remuneration to directors: Faizal 15.60 L; Sruthi 15.60 L; Alingal 3.74 L.
• Unsecured borrowings from Faizal: ₹196.02 L; repayments ₹132.68 L.
• Balance payable to Sruthi: ₹0.40 L.

other material approvals

• Preferential issue to promoters/promoter group up to 23.90 L shares at ₹20.47.
• Post-issue promoter stake shown; related disclosures and lock-ins to apply.

Governance approvals

• Approved AGM notice for 11 Sep 2026 via VC/OAVM.
• Approved Director's Report for the financial year ended 31 March 2026.
• Re-appointed Independent Director Sankaranarayanan Nair Sreejith; effective Dec 6, 2026, for five years.
• Re-appointed Independent Director Bengolan Anilkumar; effective Dec 6, 2026, for five years.
• Shift of registered office from Kerala to Delhi; MOA amendment subject to approvals.

Capital & remuneration actions

• Borrowing power up to ₹500 crore approved.
• Increased charge-creation limits under Section 180(1)(a).
• Waiver of excess managerial remuneration for MD Faizal Bavaraparambil Abdul Khader.
• Waiver of excess remuneration for NED Sruthi Muhammed Ali.
• Remuneration above limits approved for any financial year.
• Remuneration increase for MD Faizal Bavaraparambil Abdul Khader.
• Remuneration increase for NED Sruthi Muhammed Ali.
• Proposed preferential issue of up to 23,90,000 shares at ₹20.47 to promoters.
• Aggregate consideration up to ₹4.89 crore.
• Approvals required at the 5th AGM.

Meeting Details

• Meeting date scheduled for August 19, 2026; time and venue not disclosed.

Key Agenda Items

• Consider fund-raising by issuing equity or other securities, incl. QIP or preferential allotment.
• Fixation of date, time and venue of AGM and approval of AGM notice.
• Any other matter with permission of the Chair.

Other Notes

• Trading window closed for insiders from Aug 07, 2026 to 48 hours after Aug 19, 2026.

Dematerialisation status

• All shares are in dematerialised form.
• No dematerialisation/rematerialisation requests were received.