Safari Industries (India) has informed that the Nomination, Remuneration and Compensation Committee (‘the Committee’) of the Board of Directors of the Company, vide its Meeting held today on Tuesday, 4th February 2025, has approved allotment of 549 Equity Shares of face value of Rs. 2/- each of the Company to an ESAR Grantee upon exercise of Employee Stock Appreciation Rights vested under Safari Employees Stock Appreciation Rights Scheme 2022. Consequent to the aforesaid allotment, the issued, subscribed and paid-up equity share capital of the Company would be increased from Rs. 9,77,71,990 to Rs. 9,77,73,088/-.
The above information is a part of company’s filings submitted to BSE.
