considered and approved the following matter(s): 1. Increase in the Authorized Share Capital of the Company from existing ?27,50,00,000 (Rupees Twenty Seven Crores Fifty Lakhs only) divided ....
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Safa Systems & Technologies Ltd's board, meeting on 11th June 2025, approved raising the company's authorized share capital from ₹27.50 crores (2.75 crore equity shares of ₹10 each) to ₹42 crores (4.20 crore equity shares of ₹10 each), along with the required amendment to the Memorandum of Association. Separately, the board decided to postpone any fundraising decision until further notice. The company also approved the notice for its 4th Annual General Meeting, scheduled for 5th July 2025 at 12:30 PM via video conferencing.
The authorized capital increase creates headroom for future fundraising or stock issuances, but the board's decision to hold off on actual fundraising suggests they are awaiting better conditions or clarity. No immediate dilution or capital action is being executed right now, so near-term impact on shareholders is limited.