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An update from Safari Industries (India) Limited ( (IN:SAFARI) ) is now available.
Safari Industries (India) Limited shareholders have approved the re-appointment of Sudhir Jatia as managing director via a postal ballot, reinforcing continuity in the company’s leadership. Investors also cleared a special resolution allowing the company to raise capital through a Qualified Institutions Placement of equity shares, potentially strengthening its balance sheet and supporting future growth initiatives, with voting conducted through remote e-voting and results published on the company and NSDL websites.
More about Safari Industries (India) Limited
Safari Industries (India) Limited operates in the luggage and travel accessories industry, offering products such as suitcases, backpacks, and related travel gear. The company focuses on the Indian market, serving both retail consumers and institutional buyers through its portfolio of travel and lifestyle brands.
Average Trading Volume: 6,914
Technical Sentiment Signal: Hold
Current Market Cap: 75.36B INR
See more insights into SAFARI stock on TipRanks’ Stock Analysis page.