BSE has granted its In-Principle approval for undertaking the preferential issue of up to 23,90,000 equity shares to promoters and members of promoter group

Date: September 25, 2026 The Manager, Scrip Code: 543461 BSE Limited, Symbol: SSTL Department of Corporate Services, ISIN: INE0JNA01014 First Floor, P.J. Towers, Dalal Street, Fort, Mumbai – 400001 Sub: Intimation of receipt of In-Principle Approval from BSE Limited Ref: Issue of up to 23,90,000 equity shares on a preferential basis to promoters and members of promoter group Dear Sir / Madam, We are pleased to inform that Safa Systems & Technologies Limited ("the Company") has received in-principle approval from BSE Limited under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, vide its letter bearing reference no. LOD/PREF/RB/FIP/829/2026-27 dated September 24, 2026, for the proposed Preferential Issue of up to 23,90,000 (Twenty-Three Lakh Ninety Thousand) fully paid-up equity shares of face value ₹10 (Rupees Ten only) each (“Equity Shares”) at an issue price of ₹20.47 per share, for an aggregate consideration not exceeding ₹4,89,23,300.00 (Rupees Four Crore Eighty-Nine Lakhs Twenty-Three Thousand Three Hundred only), to the promoters and members of promoter group. This is for the information of all the stakeholders of the Company. Thanking you, Yours faithfully, For and on behalf of Safa Systems & Technologies Limited Faizal Bavaraparambil Abdul Khader Managing Director DIN: 07729191