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Safari Industries Expands Equity Through ESOP Allotment

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Safari Industries Expands Equity Through ESOP Allotment

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Safari Industries (India) Limited ( (IN:SAFARI) ) has issued an announcement.

Safari Industries (India) Limited announced the approval of allotment of 1,200 equity shares to an ESOP grantee as part of its Employee Stock Option Scheme 2016. This move will slightly increase the company’s issued, subscribed, and paid-up equity share capital, reflecting its commitment to rewarding employees and potentially enhancing stakeholder value.

More about Safari Industries (India) Limited

Safari Industries (India) Limited operates in the luggage and travel accessories industry, offering a range of products such as suitcases, backpacks, and travel bags. The company focuses on providing durable and stylish travel solutions to consumers, positioning itself as a key player in the Indian market.

Average Trading Volume: 2,450

Technical Sentiment Signal: Sell

Current Market Cap: 100.5B INR

For an in-depth examination of SAFARI stock, go to TipRanks’ Overview page.

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