Safari Industries boosts capital via employee share schemes

Safari Industries (India) Limited announced on September 4, 2025, that its Nomination, Remuneration and Compensation Committee approved the allotment of new equity shares. This decision resulted from the exercise of employee stock options and appreciation rights.

The company allotted 9,700 equity shares of face value Rs. 2/- each to ESAR Grantees through the Safari Employees Stock Appreciation Rights Scheme 2022. Additionally, 3,000 equity shares, also with a face value of Rs. 2/- each, were allotted to ESOPs Grantees under the Safari Employee Stock Option Scheme 2016.

These allotments have increased the company's issued, subscribed, and paid-up equity share capital from Rs. 9,79,55,826 to Rs. 9,79,81,226. The announcement was signed by Rameez Shaikh, company secretary & compliance officer.