Safari Industries (India) Limited — Important, 08-11-2024: Updates

Safari Industries (India) Ltd's Nomination, Remuneration, and Compensation Committee approved the allotment of 4,200 equity shares under the Employee Stock Option Scheme 2016, increasing the company's equity capital. Additionally, 4,200 Employee Stock Appreciation Rights (ESARs) were granted to eligible employees under the 2022 scheme, with a base exercise price of Rs. 1,760 and a vesting schedule spanning three years.