Safari Industries India Ltd

Meeting Details

• Meeting scheduled on 4 August 2026; time and venue not disclosed.

Key Agenda Items

• Consider unaudited standalone and consolidated financial results for quarter ended 30 June 2026.

Other Notes

• Trading window closure for dealing in Safari shares noted.

Senior Management Appointment

• Type: Appointment of Aditya Bhargava as VP - Finance & Accounts.
• Effective date: 17 July 2026.
• Term not applicable; full-time employment.
• Reason: Appointment.
• Profile: CA with 22 years' experience; ex-CFO Badshah Masala and Dabur SAARC.
• Previously with Dabur since 2014; Head Commercial, Finance for Dabur India.
• Relationship with other directors: Not Applicable.
• Impact: Senior Management designation; no board/committee changes.

Processing status

• Dematerialisation requests for quarter ended 30 June 2026 were confirmed to depositories; securities listed on exchanges.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository name substituted as registered owner in records within prescribed timelines.

AGM Details

• Date/time/mode: 4 Aug 2026, 3:30 pm IST, VC/OAVM
• Deemed venue: Company’s registered office
• Cut-off for e-voting eligibility: 29 Jul 2026
• Remote e-voting window: 31 Jul 2026, 9:00 am to 3 Aug 2026, 5:00 pm
• Record date for final dividend (if declared): 17 Jul 2026

Resolutions to be voted

• Ordinary: adopt standalone and consolidated financial statements for FY2025-26
• Ordinary: declare final dividend of ₹2 per equity share
• Ordinary: re-appoint Mr. Piyush Goenka by rotation
• Special: re-appoint Mr. Sridhar Balakrishnan as Non-Executive Independent Director (5-year term)
• Special: re-appoint Mr. Aseem Dhru as Non-Executive Independent Director (5-year term)

Voting results (AGM)

• Voting results for AGM resolutions not disclosed in filing
• Related postal-ballot actions (19 Mar 2026): Chowdhary appointment; Jatia MD re-appointment; QIP up to ₹500 crore approved

Dividend action

• Final dividend proposed at ₹2 per equity share for FY2025-26
• Interim dividend of ₹2 per share already paid in Nov-2025

Director changes

• Rahul Kanodia resigned as Non-Executive Independent Director w.e.f 20 May 2026
• Vijaya Sampath ceased as Independent Director on 4 Aug 2025
• Manjaree Chowdhary appointed Independent Director from 2 Aug 2025
• Sanjiv Kakkar appointed Independent Director from 6 May 2025
• Sudhir Jatia re-appointed as Managing Director for 5 years (18 Apr 2026–17 Apr 2031) via postal ballot

Auditor appointments

• Statutory auditors: Walker Chandiok & Co LLP; term 5 years (42nd to 47th AGM); no change announced

Material related party transactions

• Transactions with Safari Manufacturing Limited and Safari Lifestyles Limited disclosed; on-arm’s-length basis
• Key items: purchases of stock-in-trade from subsidiary ≈ ₹697.99 cr; management services ≈ ₹9.76 cr
• Dividend income from subsidiary ≈ ₹13.38 cr; investments in cumulative redeemable prefs ≈ ₹190 cr

Other material approvals / disclosures

• Safari ESOP/ESAR: ESAR outstanding 3,84,920; ESOPs outstanding 0
• RPT framework, CSR, ESG governance disclosures, and related-party policies on company website

Safari Industries India Ltd: Trading window closed from 1 July 2026; shall open 48 hours after the Unaudited Financial Results for the quarter ended 30th June 2026 are communicated to Stock Exchanges.

Credit rating action

• CRISIL confirmed Safari Industries' bank facility ratings.
• Total bank loan facilities rated: Rs. 150 crore.

Ratings

• Long-term rating: CRISIL AA-/Stable.
• Short-term rating: CRISIL A1+.

Agency

• Rating agency: CRISIL Rating Limited.

Material change

• Ratings were confirmed; no change in rating or outlook disclosed.