1,130 equity shares allotted to ESAR grantee; paid-up capital to be increased to Rs. 9,79,96,872/-

Safari Industries has allotted 1,130 equity shares of Rs. 2/- face value each to an ESAR Grantee who exercised vested Employee Stock Appreciation Rights under the Safari Employees Stock Appreciation Rights Scheme 2022.

Thu 1 Oct 2026

Shares Allotted

1,130 equity shares

Face Value

Rs. 2/- per share

Scheme

Safari Employees Stock Appreciation Rights Scheme 2022

Paid-up Capital Before

Rs. 9,79,94,612/-

Paid-up Capital After

Rs. 9,79,96,872/-

The Nomination, Remuneration and Compensation Committee has approved the allotment of a small block of equity shares to an employee under the company's stock appreciation rights scheme.

The allotment

• 1,130 equity shares of face value Rs. 2/- each have been allotted to an ESAR Grantee.
• The allotment follows the exercise of Employee Stock Appreciation Rights that had vested under the Safari Employees Stock Appreciation Rights Scheme 2022.
• The committee considered and approved this through a circular resolution dated 1st October 2026.

Effect on share capital

• The issued, subscribed and paid-up equity share capital of the company would be increased from Rs. 9,79,94,612/- to Rs. 9,79,96,872/-.
• The starting point, Rs. 9,79,94,612/-, is the paid-up capital before this allotment; the closing figure reflects the addition of the newly allotted shares.

How an investor can read it

• This is an employee-scheme event: shares are issued when an employee exercises rights that had already vested under the scheme, and here the rights were exercised before allotment.
• The addition is 1,130 shares against an existing paid-up equity share capital of Rs. 9,79,94,612/-, so the change in the capital base is a small one.
• The allotment was made by the committee that is mandated to handle such employee compensation matters, and it was done through a circular resolution.

What to take away

• The update records the allotment, the face value of the shares, the scheme under which the rights were exercised, and the resulting movement in paid-up equity share capital.
• Nothing in the intimation changes how the company's shares are held by other shareholders; it reflects an issuance of new shares to an employee under a pre-existing scheme.

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