Safe Enterprises Retail Fixtures Limited — JV/Acquisition, 11-06-2026: Acquisition

SAFEENTP's board approved acquiring the remaining 5.74% stake in its material subsidiary, Safe Enterprises Retail Technologies (SERTPL), from promoter shareholders. This deal for 28,677 equity shares is estimated to cost between ₹12.33 Cr and ₹12.76 Cr. SERTPL, with an FY26 turnover of ₹53.68 Cr, specializes in retail fixtures and solutions. This strategic move makes SERTPL a wholly-owned subsidiary, ensuring complete business alignment, deeper operational integration, and unified resource allocation, significantly strengthening SAFEENTP's core business ecosystem.