Outcome of the meeting of the Board of Directors held on August 19, 2026.

To, Date: 19-08-2026 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 Subject: Outcome of Board Meeting under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir / Madam, This is further to our letter dated August 07, 2026, and in accordance with the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, this is to inform you that the Board of Directors of Safa Systems & Technologies Limited (“the Company”) at their meeting held on Today i.e. Wednesday, August 19, 2026 at the Registered Office of the Company situated at 46/2631 B, Safa Arcade, Kaniyapilly Road, Chakkaraparambu, Ernakulam Kerala- 682028, India, has, inter alia, considered and approved the following matters: 1. Approved the notice of 5th Annual General Meeting (“AGM”) scheduled to be held on Friday, 11st September, 2026 at 3:30 p.m. through video conferencing (“VC”)/other audio- visual means (“OAVM”). 2. Approved the Director’s Report long with applicable annexure thereto for the financial year ended on 31st March, 2026 3. Approved the re-appointment of Mr. Sankaranarayanan Nair Sreejith (DIN: 09250652), as an Independent Director. Details in accordance with the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (“SEBI Master Circular”) is annexed herewith as Annexure A. 4. Approved the re-appointment of Mr. Bengolan Anilkumar (DIN: 09248528) as an Independent Director Details in accordance with the SEBI Listing Regulations read with SEBI Master Circular is annexed herewith as Annexure B. 5. Shifting of registered office from State of Kerala to National Capital Territory of Delhi, and consequential amendment in Clause II of the Memorandum of Association (“MOA”) of the Company, subject to requisite approvals from the Shareholders of the Company, Central Government (power delegated to Regional Director) and other relevant authorities, if any, as may be required in the matter. 6. Approved the power to borrow funds pursuant to the provisions of Section 180(1)(C) of the Companies Act, 2013, not exceeding Rs. 500 crores. 7. Approved the increase in limits under Section 180 (1) (a) of the Companies Act, 2013 for creating charge on the assets of the company: ONE4 (INDIA) LIMITED 8. Approved the waiver for recovery of excess managerial remuneration paid to Mr. Faizal Bavaraparambil Abdul Khader (DIN: 07729191) Managing Director of the Company for the period April 1, 2024 to March 31, 2026. 9. Approved the of waiver for recovery of excess managerial remuneration paid to Ms. Sruthi Muhammed Ali (DIN 09237016), Non-Executive Director of the company for the period April 1, 2024 to March 31, 2026. 10. Approved the for payment of managerial remuneration in excess of the limits prescribed under Section 197 of the Companies Act, 2013 for any financial year. 11. Approved the of increase in Remuneration of Mr. Faizal Bavaraparambil Abdul Khader (DIN: 07729191), Managing Director. 12. Approved the of increase in Remuneration of Ms. Sruthi Muhammed Ali (DIN: 09237016), Non-Executive Director. 13. Subject to receipt of requisite approvals, including approval of the shareholders of the Company in the 5th AGM, issuance of up to 23,90,000 fully paid-up equity shares of face value of ₹ 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) pursuant to preferential allotment on private placement basis (“Preferential Issue”), in accordance with the provisions of the Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”) and applicable provisions of the Companies Act, 2013 and rules made thereunder (“Companies Act”), to the promoters and members of promoter group (“Proposed Allottees”). Brief details in accordance with the SEBI Listing Regulations read with SEBI Master Circular is annexed herewith as Annexure C. The meeting of the Board of Directors commenced at 02:00 P.M. and concluded at 02:50 P.M. Kindly take the same on your record. Thanking you, Yours faithfully, For and on behalf of Safa Systems & Technologies Limited Faizal Bavaraparambil Abdul Khader Managing Director DIN: 07729191 Encl: As above ONE4 (INDIA) LIMITED Annexure- A Disclosure under Regulation 30 read with Para A of Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30th, 2026. S No. Particulars Details 1. Name Mr. Sankaranarayanan Nair Sreejith 2. Reason of change viz. Re-appointment appointment, resignation, removal, death or otherwise 3. Date of Appointment Effective date of re-appointment will be December 06, 2026, once the exiting tenure will be expired 4. Term of Appointment Subject to the approval of the shareholders at 05th Annual General Meeting of the Company, the proposed re- appointment shall be for a second term of five (5) consecutive years, commencing from 6th December, 2026 to 5th December, 2031. 5. Brief Profile Mr. Sankaranarayanan Nair Sreejith (DIN: 09250652) is a Finance Manager and Operations Head with over 11 years of experience in finance, accounting, taxation, compliance, budgeting, and business operations. A B. Com graduate from the University of Kerala, he brings strong analytical, leadership, and problem-solving skills, contributing to operational efficiency and business growth. 6. Disclosure of relationships No Relationship with the existing Director of the Company. between directors (in case of appointment) 7. Information as required under Mr. Sankaranarayanan Nair Sreejith is not debarred from Circular No. holding office of a director by virtue of any order of SEBI LIST/COMP/14/2018-dated June or any other such authority. 20, 2018 issued by the BSE respectively ONE4 (INDIA) LIMITED Annexure- B Disclosure under Regulation 30 read with Para A of Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30th, 2026. S No. Particulars Details 1. Name Mr. Bengolan Anilkumar 2. Reason of change viz. Re-appointment appointment, resignation, removal, death or otherwise 3. Date of Appointment Effective date of re-appointment will be December 06, 2026, once the exiting tenure will be expired 4. Term of Appointment Subject to the approval of the shareholders at 05th Annual General Meeting of the Company, the proposed re- appointment shall be for a second term of five (5) consecutive years, commencing from 6th December, 2026 to 5th December, 2031. 5. Brief Profile Mr. Bengolan Anilkumar (DIN: 09248528) is a seasoned Sales Manager and Sales Operations Head with extensive experience in sales management, business development, channel sales, and distribution. A BBA graduate from Periyar University, he has successfully managed consumer electronics and mobile brands, strengthened dealer networks, expanded market presence, and driven sustainable business growth through effective sales strategies and strong leadership.. 6. Disclosure of relationships No Relationship with the existing Director of the Company. between directors (in case of appointment) 7. Information as required under Mr. Bengolan Anilkumar is not debarred from holding Circular No. office of a director by virtue of any order of SEBI or any LIST/COMP/14/2018-dated June other such authority. 20, 2018 issued by the BSE respectively ONE4 (INDIA) LIMITED Annexure- C Disclosure under Regulation 30 r [Showing first 8,000 characters — download PDF for full document]