Pursuant to Regulation 30 of the Listing Regulations read with Company's Policy on Criteria for Determining Materiality of Events and in furtherance to its disclosure letter dated 28th October 2021, Safari Industries India has informed that Safari Manufacturing, Company's wholly owned subsidiary has executed a Sale-Purchase Agreement with Lear Automotive (India) yesterday on 3rd December 2021 for the purpose of purchase of land with constructed property along with the buildings and utilities present on site situated at Mouje: Halal, Taluka Halal, District Panchmahal, Gujarat (‘said property’) for a total consideration of INR 22,51,00,000 including all taxes, if any. The aforesaid document shall be followed by Sale Deed, subject to completion of Conditions Precedent and necessary approvals, if any.
The above information is a part of company’s filings submitted to BSE.
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