Safari Industries (India) Limited — Important, 31-03-2025: Updates

Safari Manufacturing Limited, a wholly-owned subsidiary of Safari Industries, has executed the second phase Deed of Conveyance with Lear Automotive (India) Private Limited, taking possession of land in Halol, Gujarat. The transaction involves the purchase of freehold non-agricultural land for a total consideration of Rs. 1.12 crore (cr). This acquisition enhances Safari's strategic footprint and could potentially enable further operational expansion in the region. Investors should monitor how this move aligns with the company’s growth trajectory and operational capabilities moving forward.