Safari Industries (India) Limited — Important, 02-12-2024: Commencement of commercial production/operations

Safari Manufacturing Limited, a wholly-owned subsidiary of Safari Industries, has successfully commenced commercial production of luggage at its new greenfield facility in Jaipur, Rajasthan. This milestone follows the completion of trial runs, positioning the company to enhance its manufacturing capabilities in a strategic location. The new facility is expected to bolster production efficiency and contribute significantly to the company's revenue growth. This development reflects a positive outlook for Safari Industries as it expands its operational footprint, potentially increasing its market share in the luggage segment. Investors should watch closely for further updates on the facility’s impact on overall performance.