Safa Systems & Technologies Ltd — Updates, 11-06-2025: Company Update

Safa Systems & Technologies Limited has announced a board meeting that approved increasing the authorized share capital from ₹27.5 Cr to ₹42 Cr by expanding equity shares from 2.75 crore to 4.2 crore shares of ₹10 each, along with amending the Memorandum of Association. The Board has postponed any decision on fundraising for the time being. Additionally, the draft notice for the 4th Annual General Meeting, scheduled via video conference, was finalized. This capital raise sets the stage for future growth, though no immediate fundraising plans are underway.