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Our Company was originally formed as a partnership firm under the Indian Partnership Act 1932 under the name and style of “M/s Safe Enterprises” pursuant to a deed of partnership entered between Saleem shabbir merchant Zainab Bai Fakruddin Fatema Hatim Merchant and Shirinbhai Asgarali at Mumbai Maharashtra with effect from August 01 1976. Further “M/s Safe Enterprises” was subsequently converted from the partnership firm to a Public Limited Company under Part I of Chapter XXI of the Companies Act 2013 in the name of “Safe Enterprises Retail Fixtures Limited” and received a certificate of incorporation issued by the Registrar of Companies Central Registration Centre on July 21 2024. Our Company’s Corporate Identity Number is U46493MH2024PLC429137.Major Key Events Milestone and Achievements:1976- Formation of M/s Safe Enterprises as a partnership firm under the Indian Partnership Act 1932 by Saleem shabbir merchant Zainab Bai Fakruddin Fatema Hatim Merchant and Shirinbhai Asgarali at Mumbai Maharashtra with effect from August 01 19762016-Takeover of the Insync Shopfittings business into Safe Enterprises through a Slump Sale Deed dated May 11 2016 from the sister concern Insync Retail Project Management Private Limited.2023- Initiation of New plant at D-222/19 TTC Industrial Area Nerul Navi Mumbai-400705 Maharashtra India2024- Acquisition of 42.65% controlling interest in Safe Enterprises Retail Technologies Private Limited. - Conversion of Partnership firm “Safe Enterprises” into a public limited company under Part I of Chapter XXI of the Companies Act 2013.- Acquisition of 94.26% controlling interest in Safe Enterprises Retail Technologies Private Limited.- Acquisition of 99.97 % stake in Inscite Advisory Services LLP.2025- Purchase of land established at Plot No. B11 Lodha Industrial and Logistics Park-2 (LILP-2) admeasuring approximately 16290 square metres comprising survey numbers 89/4 (part) 90/1 (part) 90/2 90/3 (part) 90/4 and 90/5 (part) situated at Village Nahren Taluka Ambernath District Thane Maharashtra India. Company has purchased the said land vide sale agreement dated May 20 2025 from Macrotech Developers Limited (formerly known as Lodha Developers Limited).
Name | Position |
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Mr. Saleem Shabbir Merchant | Chairman & Managing Director |
Mr. Mikdad Saleem Merchant | WholeTime Director & CFO |
Mr. Huzefa Salim Merchant | Whole Time Director |
Ms. Munira Salim Merchant | Non Executive Director |
Mr. Kedar Mangesh Latke | Independent Director |