Safari Industries (India) Limited has informed the Exchange about General Updates
SAFARI · price
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Awaiting price reaction for this filing.
Safari Industries has issued a postal ballot notice seeking shareholder approval for the appointment of Ms. Manjaree Chowdhary (DIN: 03402143) as a Non-Executive Independent Director for a 5-year term from 2nd August 2025 to 1st August 2030. Ms. Chowdhary, currently the Senior Executive Officer and General Counsel of Maruti Suzuki India Limited, brings over 28 years of legal, compliance, and corporate governance experience and holds a Master's in Law from the University of London. She was first inducted as an Additional Director on 2nd August 2025, and this postal ballot is to regularize her appointment through a special resolution. The e-voting window runs from 21st August 2025 (9:00 am) to 19th September 2025 (5:00 pm), with results expected by 21st September 2025. The cut-off date for determining eligible shareholders is 15th August 2025.
This is a routine governance step to formalize an already onboarded director and is unlikely to move the stock. Ms. Chowdhary's strong legal and governance background from a marquee company like Maruti Suzuki should strengthen the board's oversight capabilities, which is a positive long-term signal for shareholders.