Company Update

Safa Systems & Technologies Limited conducted its 4th Annual General Meeting via video conferencing, where shareholders adopted the audited financial statements for the year ended March 31, 2025. Key agendas included the re-appointment of Director Ms. Sruthi Muhammed Ali and Managing Director Mr. Faizal Bavaraparambil Abdul Khader.

The company also sought shareholder approval for an increase in authorized share capital, a crucial step for future growth plans or potential capital raises.

Additionally, approvals were sought for granting loans, guarantees, and making investments, along with the appointment of a Secretarial Auditor, enhancing corporate governance and operational flexibility.