Safe Enterprises Retail Fixtures Limited — JV/Acquisition, 17-06-2026: Acquisition

SAFEENTP has fully acquired Safe Enterprises Retail Technologies Private Limited (SERTPL) by buying the remaining 5.74% stake for Rs. 12.58 Cr. This strategic move makes SERTPL a wholly-owned subsidiary, enabling complete alignment of business interests and deeper integration. SERTPL, specializing in retail fixtures and infrastructure solutions, generated Rs. 53.68 Cr turnover last fiscal year. This acquisition strengthens SAFEENTP's core operations, streamlining technology, customer relationships, and future growth initiatives for enhanced efficiency and control.