Shareholding10 Oct 2026, 03:31 pm
Safa Systems Promoters Acquire Shares via Preferential Issue
AI Summary
Faizal Bavaraparambil Abdul Khader and other promoters/promoter group entities of Safa Systems & Technologies Limited have acquired 28,84,000 equity shares through a Preferential Issue. This acquisition represents 10.54% of the total diluted share capital. The total holding of the acquirers post-acquisition is 1,34,67,550 shares, amounting to 49.21% of the total diluted share capital. The transaction was completed on October 5, 2026.
Key Highlights
- Promoters acquired 28,84,000 shares via Preferential Issue.
- Acquisition represents 10.54% of total diluted share capital.
- Post-acquisition, promoter holding stands at 49.21%.
- Transaction occurred on October 5, 2026.
- Total diluted share capital post-issue is 2,73,67,550 shares.
Price Impact
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