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Company Profile

SAFARI INDUSTRIES (INDIA) LTD.

NSE : SAFARIBSE : 523025ISIN CODE : INE429E01023Industry : Household & Personal ProductsHouse : Private
BSE2101.6011.35 (+0.54 % )
PREV CLOSE (Rs.) 2090.25
OPEN PRICE (Rs.) 2033.60
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 4808
TODAY'S LOW / HIGH (Rs.)2033.60 2140.00
52 WK LOW / HIGH (Rs.)1183.47 2299.97
NSE2113.55 24.3 (+1.16 % )
PREV CLOSE(Rs.) 2089.25
OPEN PRICE (Rs.) 2092.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 2113.55 (245 )
VOLUME 25971
TODAY'S LOW / HIGH(Rs.) 2075.00 2147.90
52 WK LOW / HIGH (Rs.)1188.65 2315

Company News

Date Heading Details
08-Mar-2024 Safari Industries (India) informs about schedule of analyst meeting <div style="text-align: justify;">Safari Industries (India) has informed that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, meeting/ interaction is scheduled to be held with analyst/investor on Wednesday, 13th March 2024. The aforesaid information will also be disclosed on the website of the Company, https://www.safaribags.com.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.&nbsp;</div>
29-Feb-2024 Safari Industries (India) informs about allotment of equity shares <div style="text-align: justify;">In terms of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Safari Industries (India) has informed that the Stakeholders' Relationship Committee of the Board of Directors of the Company, vide its meeting held today i.e. 29th February 2024, has approved the allotment of 12,00,000 (Twelve Lakh) fully paid-up equity shares of face value Rs 2 (Rupees Two Only) each (Equity Shares) to Lighthouse India Fund IV AIF (Scheme of Lighthouse India Investment Trust, registered as Category II Alternative Investment Fund with SEBI) at a price of Rs 1,908 (Rupees One Thousand Nine Hundred Eight only) per Equity Share (including a premium of Rs. 1,906 per Equity Share), on preferential basis, aggregating to cash consideration of Rs 2,28,96,00,000 (Rupees Two Hundred Twenty-Eight Crore Ninety-Six Lakh only). The new Equity Shares as allotted above shall rank pari passu with the existing Equity Shares of the Company. The Company has received in-principle approvals from BSE and National Stock Exchange of India (Stock Exchanges), for the issue of aforesaid Equity Shares on Preferential basis, on 19th February 2024. The application for listing and trading approval to the Stock Exchanges for the Equity Shares allotted as above will be made in the due course. Consequent to said allotment, the issued, subscribed and paid-up equity share capital of the Company would be increased from Rs 9,51,34,428 (Rupees Nine Crore Fifty-One Lakh Thirty-Four Thousand Four Hundred and Twenty-Eight only) to Rs. 9,75,34,428 (Rupees Nine Crore Seventy-Five Lakh Thirty-Four Thousand Four Hundred and Twenty-Eight only).</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
22-Jan-2024 Safari Industries (India) informs about appointment of senior management <p style="text-align: justify;">Pursuant to Regulation 30 read with Para A of Part A of Schedule III of Listing Regulations, Safari Industries (India) has informed that Suhas Kshirsagar has been appointed as Vice President -Quality &amp; Customer Relationship Management of the Company with effect from 22nd January 2024 and he will also be considered as Senior Management under Regulation 16(1)(d) of the Listing Regulations. Disclosure required under SEBI Circular No. CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023 (‘SEBI Circular') with regard to change in Senior Management is enclosed. The above information shall also be made available on the Company's website at www.safaribags.com.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div><br></div>
15-Jan-2024 Safari Industries (India) informs about outcome of board meeting <p style="text-align: justify;">Pursuant to Regulations 30 read with Schedule III to the Listing Regulations, Safari Industries (India) has informed that the Board of Directors of the Company, at its Meeting held today, on Monday, 15th January 2024 considered and approved, the issuance and allotment of 12,00,000 Equity Shares of the Company having a face value of Rs 2 each (Equity Shares) at a price of Rs 1,908 per Equity Share (including a premium of Rs 1,906 per Equity Share on a preferential basis (the ‘Preferential Issue') for cash to mentioned non-promoter (‘Proposed Allottee') in accordance with Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (the ‘SEBI ICDR Regulations') and the Companies Act, 2013 subject to the approval of the Members of the Company at the Extraordinary General Meeting and such regulatory/ statutory authorities as may be applicable, as details enclosed. The detailed disclosure as required pursuant to Schedule III of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated 13th July 2023 is enclosed as ‘Annexure A'. Further, the Board has also approved to seek approval of the Members for the aforesaid Preferential Issue at an Extra-ordinary General Meeting to be held on 13th February 2024, notice of which shall be circulated to the Members.</p><div>The above information is a part of company's filings submitted to BSE.</div>
11-Jan-2024 Safari Industries planning to raise funds <p style="text-align: justify;">Safari Industries (India) is planning to raise funds by way of issue of securities to one or more persons, on preferential basis in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the Companies Act, 2013, as amended, subject to approval of the Members of the Company. A meeting of the Board of Directors of the Company is scheduled to be held on January 15, 2024 inter alia to consider the same.&nbsp;</p><p style="text-align: justify;">Safari Industries (India) is engaged in the manufacturing and marketing of luggage and luggage accessories.</p><div style="text-align: justify;"><br></div>
11-Jan-2024 Safari Industries gains on planning to raise funds <p style="text-align: justify;">Safari Industries (India) is currently trading at Rs. 1898.25, up by 12.85 points or 0.68% from its previous closing of Rs. 1885.40 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1920.70 and has touched a high and low of Rs. 1941.35 and Rs. 1886.00 respectively. So far 4844 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2299.98 on 21-Nov-2023 and a 52 week low of Rs. 850.50 on 27-Jan-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1973.80 and Rs. 1876.00 respectively. The current market cap of the company is Rs. 9024.69 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 46.97%, while Institutions and Non-Institutions held 30.46% and 22.58% respectively.</p><p style="text-align: justify;">Safari Industries (India) is planning to raise funds by way of issue of securities to one or more persons, on preferential basis in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the Companies Act, 2013, as amended, subject to approval of the Members of the Company. A meeting of the Board of Directors of the Company is scheduled to be held on January 15, 2024 inter alia to consider the same.&nbsp;</p><p style="text-align: justify;">Safari Industries (India) is engaged in the manufacturing and marketing of luggage and luggage accessories.</p>
30-Dec-2023 Safari Industries' arm executes Lease Deed with Mahindra World City <p style="text-align: justify;">Safari Industries (India) -- wholly owned subsidiary -- Safari Manufacturing has executed a Lease Deed with Mahindra World City (Jaipur) on December 29, 2023, to take on lease, property situated at Village Kalwara, Tehsil Sanganer, Jaipur-Ajmer Road, NH-48, District Jaipur, Rajasthan (said property). The said property is proposed to be used for setting up integrated greenfield manufacturing facility. Size of agreement is Rs 53.01 crore.&nbsp;</p><p style="text-align: justify;">Safari Industries (India) is engaged in the manufacturing and marketing of luggage and luggage accessories.</p><div style="text-align: justify;"><br></div>
05-Dec-2023 Safari Industries (India) informs about analyst meet <p style="text-align: justify;">Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Safari Industries (India) has informed that meeting/ interaction is scheduled to be held with analyst/investor ‘Bajaj Allianz' (One on One) on Friday, 8th December 2023 at 12:00 noon (IST). The aforesaid information will also be disclosed on the website of the Company.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div>
17-Nov-2023 Safari Industries (India) informs about analyst meet <div>Safari Industries (India) has informed that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a meeting/ interaction is scheduled to be held with analyst/investor as on Wednesday, 22nd November 2023.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
10-Nov-2023 Safari Industries (India) informs about analyst meet <div>Safari Industries (India) has informed that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, meeting/ interaction is scheduled to be held on Thursday, 16th November 2023 with analyst/investor Oberweis.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>