Safa Systems & Technologies has informed that the Board of Directors of the Company at their meeting held on Saturday, 17th February, 2024, at 11:30 AM has considered and approved the increase in Authorized Share Capital of the Company up to Rs. 27,50,00,000 (Rupees Twenty-Seven Crores Fifty Lakhs Only) by insertion of Rs. 12,00,00,000 (Rupees Twelve Crores Only) comprising of 1,20,00,000 (One Crore Twenty Lakhs Only) equity shares of Rs. 10 each and Consequential Alteration of Memorandum of Association of the Company subject to the approval of shareholders to be obtained by Postal Ballot; etc.
The above information is a part of company’s filings submitted to BSE.
