SAFE ENTERPRISES RETAIL FIXTURES : TO ACQUIRE REMAINING 5.74% STAKE IN SUBSIDIARY 🏢

• 🛒 Board approved acquisition of the remaining 5.74% equity stake in Safe Enterprises Retail Technologies Pvt Ltd (SERTPL) from promoter shareholders. • 🔄 Post acquisition, SERTPL will become a Wholly Owned Subsidiary (WOS) of the company. • 📊 SAFE currently holds 94.26% stake in SERTPL and will acquire 28,677 equity shares representing the balance 5.74%. • 💰 Acquisition consideration will be determined based on an independent valuation report and is expected in the range of ₹43-44 lakh. • 🏭 SERTPL operates in retail fixtures, shopfitting and retail infrastructure solutions and reported FY26 turnover of ₹53.69 Cr. • ⏳ Transaction is expected to be completed within 60 working days through cash consideration. 🟢 Impact: Positive (Full ownership will enable deeper operational integration, better resource allocation and stronger alignment of future growth initiatives.)

SAFE ENTER RETAIL FIX LTD

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