Attached is the Outcome of Board Meeting dated 5th November 2026.

safari Date: 5th November 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C/1, Block G, Bandra Kurla Dalal Street, Mumbai -40000 I Complex, Bandra (East), Mumbai -400051 Scrip Code: 523025 Scrip Symbol: SAFARI Subject: Outcome of the Board Meeting held on 5th November 2026 Dear Sir/ Madam, Pursuant to Regulations 30 and 33 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), this is to inform you that the Board of Directors of the Company at its Meeting held today i.e. on Thursday, 5th November 2026, inter alia, have considered and approved: 1. Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half vear ended 30th September 2026: The Board of Directors have considered and approved Unaudited Financial Results (Standalone and Consolidated) along with Limited Review Report for the quarter and half year ended 30th September 2026 (enclosed herewith). The results are being uploaded on the Company's website at www.safaribags.com and will be published in the newspapers as per the requirements of the Listing Regulations. 2. Declaration oflnterim Dividend: The Board of Directors have declared an Interim Dividend of Rs. 2/- ( 100%) per equity share of Rs. 2/- each for the financial year 2026-27. The aforesaid Interim Dividend will be paid on or before 5th December 2026. With reference to our letter dated 3rd November 2026 and pursuant to Regulation 42 of the Listing Regulations, the Company has fixed Thursday, 12th November 2026 as the record date for determining entitlement of Members for payment of Interim Dividend on equity shares for FY 2026-27. 3. Approval of capital expenditure: The Board has considered and approved capital expenditure of upto Rs. 170 Crore for the Company and upto Rs. 60 Crore for its wholly owned subsidiary viz., Safari Manufacturing Limited ('SML') towards improvement of infrastructure, land acquisition for new warehouse and installation of plant & machinery which would result in enhancement of production capacity upto 16 Lacs pieces per month in SML. Details required in terms of SEBI Maste,,r._,=:a:::::::::,,..,,. Circular No HO/49/l4/14(7)2025-CFDPOD2/l/3762/2026 dated 30th January 2026 fl.JES It~' provided as under: ~z ,!:: , ,;, 1 °J ,\'11.1 VI Regd. Off.: Safari Industries (India) Lid .. 302-303, A Wing, The Qube, CTS No. 1498, N2, MV Road, Marol, Andheri (E), Mumbai -400059. Mahar i'e, I I~? Tel 022 4038 1888 \ GIN: L25200MH1980PLC022812 \ Email id: corporate@safari.in I Website: www.safaribags com safari Particulars Safari Manufacturing Limited Existing capacity 10,00,000 pieces per month Existing capacity utilization 100% Proposed capacity addition 6,00,000 pieces per month Period within which the proposed capacity The expected time lines to complete the is to be added capacity addition is by June 2028. Investment required Upto Rs. 60 Crore Mode of financing Internal Accruals Rationale To cater increased demand and future growth. This disclosure along with all the annexures are being uploaded on the Company's website at www.safaribags.com. The Meeting of the B;oar:d oif• )D irectors commenced at 11 :20 am (IST) and concluded at 2:00 pm (IST). y:;:•y For Limited SudhirJatia Chairman & Managing Director DfN: 00031969 Encl: As above Regd. Off Safari Industries (India) Ltd .. 302-303, A Wing, The Qube, CTS No. 1498, N2. MV Road. Marol, Andheri (E). Mumbai - 400059. Maharashtra. India Tel 022 4038 1888 I GIN L25200MH1980PLC022812 I Email id corporate@safari.in I Website wwwsafaribags com safari SAFARI INDUSTRIES (INDIA) LIMITED Registered Office: 302-303, A Wing, The Qube, CTS No, 1498, N2, M.V Road, Marol, Andheri (East), Mumbai 400059 (T) +91 22 40381888 Email id: corporate@saFari.in, Website: www.safaribags.com, CIN: L25200MH1980PLC022812 Statement of Financial Results for the Quarter and Six Months Ended 30 September 2026 (" in Crore, ucept earnlnas aer share) Standalone Consolidated Particulars Quarter ended Six months ended Year ended Quarter ended Six manths ended Year ended 30-Seo-26 30-Jun-26 30-Seo-25 30-Seo-26 30-Seo-25 31-Mar-26 30-Sep-26 30-Jun-26 30-Sep-25 30-Seo-26 30-Seo-25 31-Mar-26 lncame Unaudited Unaudited Unaudited Unaudited Unaudited Audited Unaudited Unaudited Unaudited Unaudited Unaudited Audited 1 Revenue from operations 579.83 586,77 532.80 1,166.60 1,060.14 2,042.54 582,22 588.58 533.55 1,170,80 1,061.38 2,047.02 2 Other income 10.39 9,96 8,85 20.35 17.54 37.24 7.23 7 20 5.75 14.43 11,55 24.79 3 Total income (1+2) 590.22 596,73 541.65 1,186.95 1,077.68 2,079.78 589.45 595.78 539.30 1,185.23 1,072.93 2,071.81 4 Expenses a) Cost of materials consumed 41.68 31.03 63,63 72,72 103.12 141.60 245,89 201 08 176,95 446,97 328,23 638,80 b) Purchases of stock-in-trade 392.38 316.00 263,37 708,37 51546 1,110.36 118.30 84.90 98.32 203 20 193.02 412.26 c) Changes in inventories of finished goods, stock-in-trade and work-in-progress (41.39) 42,59 9,85 1.20 51.29 34.22 (39.65) 40 32 7.19 0,67 47.45 31,64 d) Employee benefits expense 32.47 29.86 28,05 62.33 54.10 114 91 41,59 37 73 35.47 79 32 66,79 143,62 e) Finance costs 2.41 2.48 1,80 4.89 3 64 7 65 2.44 2 53 2,11 4.97 4.31 8.61 F) Depreciation and amortisation expenses 11 27 11.69 11,05 22,96 22.55 44.63 18.84 19 04 17.55 37,88 34,99 70.62 g) Other expenses 129.20 125,40 121.47 254.60 233.13 464.51 156.37 149.13 141.58 305 50 272.57 549.92 Total expenses 568.02 559.05 499.22 1,127.07 983.29 1,917.88 543.78 534.73 479.17 1,078.51 947.36 1,855.47 5 Profit before (3-4) 22.20 37.68 42.43 59.88 94.39 161.90 45.67 61.05 60.13 106.72 125.57 216.34 6 Tax expenses a b) TC au xrr e pn et tt aa inx ing lo earlier period(s) 41 8.99 10 -.29 14 ..4 0 22 96 38 .4 116 10 . 5 2 13 .. 00 13 ..2 8 23.52 28 .. 33 48 0. .91 20 c) Deferred tax (credit)/charge (0.76} (0,18) (0,57) (0.94) (0.97) (1.45} (1,78} 0 30 (0,09} (1 48) (0.19) (0.44) Total tax expenses 4.65 8.81 9.72 13.46 21.99 37.12 8.74 13.30 13.19 22.04 28.14 48.58 7 Profit for the period (5-6) 17.55 28.87 32.71 46.42 72.40 124.78 36.93 47.75 46.94 84.68 97.43 167.76 8 Other comprehensive income Items that will not be reclassified to profit or loss a} Remeasurement of defined benefit plans (0.21} (0,21} (0.49} (0.42} (0.97} (0 77) (0.22) (0 22} (0.51) (0.44) (1.03} (0.80} b) Income-lax effect on above 0.05 0.05 0,11 0.10 0 23 018 0,05 0 05 0.11 0,10 0.23 0.19 Total other comprehensive (losses) (net of tax) (0.16) (0.16) (0.38) (0.32} (0.74) (0.59) (0.17) (0.17) (0.40) (0.34) (0.80) (0.61) 9 Total comprehensive income (net of tax) (7+8) 17.39 28.71 32.33 46.10 71.66 124.19 36.76 47.58 46.54 84.34 96.63 167.15 10 Paid-up equity share capital (Face value ~ 2 per share) 9.80 9.80 9.80 9.80 9.80 9.80 9.80 9,80 9.80 9.80 9.80 9.80 11 Other equity 1,009.19 1.104.87 12 Earnings per share (not annualised for quarters} Basic (in~) 3.58 5.89 6.68 9.47 14.80 25.49 7.54 9.75 9.58 17.28 19.92 34.27 Diluted (in t) 3.58 5.89 6.68 9.47 14.78 25.47 7.54 9.74 9.58 17.28 19.89 34.24 safari Safari Industries (India) Limited Registered Office: 302-303, A Wing, The Qube, CTS No. 1498, N2, M.V. Road, Marci, Andheri (East), Mumbai 400059. (T) +91 22 40381888 Email id: corporate@safari.in, Website: www.safaribags.com, CIN: L25200MH1980PLC022812 Notes: The standalone and consolidated financial results of Safari Industries (India) Limited ('the Holding Company') have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34, 'Interim Financial Reporting' prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and are in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) 2 The consolidated financial results comprises of financial results of Hold [Showing first 8,000 characters — download PDF for full document]