Safa Systems & Technologies Ltd — Important, 19-08-2026: Company Update

Safa Systems & Technologies' board has approved several key proposals. The company will raise up to Rs 4.89 Cr by issuing 2.39 million equity shares via a preferential allotment to promoters, strengthening their stake. The board also approved increasing borrowing limits up to Rs 500 Cr and the power to create charges on assets, boosting financial flexibility. Furthermore, the company plans to shift its registered office to Delhi, subject to approvals. Independent Directors Mr. Sankaranarayanan Nair Sreejith and Mr. Bengolan Anilkumar were re-appointed for five-year terms, ensuring board continuity. Managerial remuneration for key directors was also adjusted.