Safari Industries Approves Allotment of 1,130 Equity Shares Under ESAR Scheme

Safari Industries India Ltd announced the approval of allotment of 1,130 Equity Shares of face value Rs. 2/- each to an ESAR Grantee upon exercise of Employee Stock Appreciation Rights vested under the Safari Employees Stock Appreciation Rights Scheme 2022. This allotment will increase the company's issued, subscribed, and paid-up equity share capital from Rs. 9,79,94,612/- to Rs. 9,79,96,872/-. The decision was made via a circular resolution by the Nomination, Remuneration and Compensation Committee on October 1, 2026.