Safari lndustries (India) has informed that the Nomination, Remuneration and Compensation Committee of the Board of Directors of the Company, at its meeting held today 05th February, 2020, has approved the allotment of 9,000 Equity Shares of face value of Rs 2 each of the Company to Option Grantees upon exercise of Options vested under Safari Employees Stock Option Scheme 2016 (ESOP). Consequent to said allotment the issued, subscribed and paid up equity shares capital of the Company would be increased from Rs. 4,47, 10,000 to Rs. 4,47,28,000 for equity shares of face value of Rs 2 each.
The above information is a part of company’s filings submitted to BSE.
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