Safari Industries (India) Limited — Important, 06-05-2025: General Updates

Safari Industries has announced a board meeting to approve the grant of 5,000 Employee Stock Appreciation Rights under its 2022 scheme. Up to 6 lakh equity shares may be issued at a base price of Rs. 1,640 per ESAR, vesting over three years. This aligns employee incentives with company performance, likely boosting retention and motivation.