Safari Industries (India) Limited has informed the Exchange about General Updates
SAFARI · price
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Safari Industries' Nomination, Remuneration and Compensation Committee approved the allotment of 6,000 equity shares (face value Rs. 2 each) to ESOP grantees under the Safari Employee Stock Option Scheme 2016, and 85,369 equity shares (face value Rs. 2 each) to ESAR grantees under the Safari Employees Stock Appreciation Rights Scheme 2022. The total shares allotted amount to 91,369. Consequently, the company's paid-up equity share capital will increase from Rs. 9,77,73,088 to Rs. 9,79,55,826, a rise of about Rs. 1.83 lakh. This is a routine administrative update filed on 1st August 2025.
Minor dilutionary impact due to a small issuance of 91,369 shares, which is negligible relative to existing share capital. This is a routine ESOP/ESAR exercise and unlikely to materially affect share price or shareholder value.