Safa Systems to Shift Registered Office to Delhi

Safa Systems & Technologies Ltd announced that its Board of Directors has approved the shifting of its registered office from Kerala to the National Capital Territory of Delhi. This move is subject to approvals from shareholders, the Central Government, and other relevant authorities. The company also approved the notice for its 5th Annual General Meeting (AGM) scheduled for September 11, 2026, where the office shift will be discussed. Other key decisions included approving the Director's Report, re-appointing two Independent Directors, approving borrowing powers up to ₹500 crores, and waiving excess managerial remuneration for two directors. Additionally, the board approved the issuance of equity shares via preferential allotment to promoters, raising up to ₹4.89 crores.