Safa Systems & Technologies Share Price Today

Safa Systems promoter group stake rises to 49.21% via preferential issue

Promoter group stake rises to 49.21% from 44.35% after preferential allotment. Total shares acquired by group stand at 23,90,000 equity shares. MD Faizal Bavaraparambil Abdul Khader acquires 13,00,000 shares individually. Paid-up capital increases to 2,73,67,550 shares of ₹10 each.

Safa Systems secures BSE in-principle approval for ₹4.89 crore preferential issue

Safa Systems & Technologies received in-principle approval from BSE for a preferential issue. The company will issue 23,90,000 equity shares at ₹20.47 per share. Total consideration for the issue is capped at ₹4,89,23,300. Shares are being allotted to promoters and members of the promoter group. Approval granted under SEBI LODR Regulation 28(1) on September 24, 2026.

Safa Systems appoints Anupabraham Joseph as independent director

Safa Systems & Technologies Ltd appointed Mr. Anupabraham Thaliyaparambil Joseph as an Additional Director. The role is categorized as Non-Executive Independent Director, pending shareholder approval. Mr. Joseph has over a decade of experience in travel, electronics, retail, and service sectors. The Board filed for his DIN with the Registrar of Companies during the September 15, 2026 meeting.

Safa Systems shareholders approve all 14 resolutions at fifth AGM

All 14 resolutions passed at Safa Systems' fifth AGM on September 11, 2026. Shareholders approved a borrowing limit of up to ₹500 crore. Registered office shift from Kerala to Delhi was authorized. Remuneration waivers and increases for top executives were approved.

Safa Systems schedules AGM for Sept 11 to approve ₹4.89 crore preferential issue

Safa Systems & Technologies Ltd holds its 5th AGM on Sept 11, 2026, via VC/OAVM. Key agenda includes a ₹4.89 crore preferential allotment to promoters. E-voting runs from Sept 8-10, 2026. FY26 results show a 50.8% jump in net profit to ₹252.53 lakh despite a 16.6% revenue drop to ₹4,330.64 lakh, driven by cost efficiencies.

Safa Systems approves ₹4.89 crore preferential allotment to promoters

Safa Systems & Technologies Limited approved a ₹4.89 crore preferential allotment to promoters at ₹20.47 per share. The board also authorized borrowing up to ₹500 crore, proposed shifting its registered office to Delhi, and re-appointed two independent directors. These resolutions require shareholder approval at the upcoming AGM.