Please find attached herewith intimation under regulation 30 of SEBI (LODR) Regulations, 2015.
SAFARI · price
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Safari Industries' Nomination, Remuneration and Compensation Committee approved the allotment of 1,624 equity shares of Rs. 2 face value each to an Employee Stock Appreciation Rights (ESAR) grantee. The shares were issued upon exercise of vested rights under the Safari Employees Stock Appreciation Rights Scheme 2022. As a result, the company's issued, subscribed and paid-up equity share capital increased marginally from Rs. 9,79,87,854 to Rs. 9,79,91,102. This is a routine compliance filing under SEBI LODR Regulation 30.
The dilution is negligible — only 1,624 shares against a base of approximately 4.9 crore shares — and has no material impact on the stock or shareholder value. This is a standard ESOP/ESAR exercise notification with no price-sensitive implications.