Safa Systems & Technologies Ltd — Board Meeting, 11-06-2025: Board Meeting

Safa Systems & Technologies Limited has announced a board meeting that approved increasing its authorized share capital from ₹27.5 Cr to ₹42 Cr, expanding the equity shares from 2.75 crore to 4.2 crore shares of ₹10 each. The company decided to postpone any fundraising plans for the time being. Additionally, the Board finalized the draft notice for the 4th Annual General Meeting, which will be held via video conferencing. This capital raise sets the stage for future growth opportunities, though shareholders should note fundraising remains on hold.