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

SAFE ENTERPRISES RETAIL FIXTURES has acquired the remaining 5.74% stake in its subsidiary, Safe Enterprises Retail Technologies Private Limited (SERTPL). This strategic move, valued between ₹12.33 Cr and ₹12.61 Cr, makes SERTPL a wholly-owned subsidiary. SERTPL, a key player in retail fixtures and shopfitting, reported FY26 turnover of ₹53.69 Cr. The acquisition aims for complete alignment of business interests, deeper operational integration, and streamlined resource allocation, enhancing SAFEENTP's core capabilities and market position in retail infrastructure solutions.