Shine Fashions (India) Ltd — Updates, 14-05-2025: Company Update

Shine Fashions (India) Ltd. has raised funds through preferential allotment by converting 2,10,000 warrants into equity shares, generating ₹3.26 Cr. The proceeds from these conversions have been fully utilized as per the intended purposes stated in the offer documents, with no deviations or variations. This fund infusion supports the company’s ongoing business plans and reflects healthy capital mobilization without impacting current stakeholders’ interests.