Shine Fashions (India) Ltd — Others, 06-06-2025: Corp Action

Shine Fashions (India) Ltd. has announced allotment of 70,000 equity shares to two non-promoter warrant holders—Sangeeta Pareekh (50,000 shares) and Vivek Sawhney (20,000 shares)—upon conversion of warrants at an issue price of Rs. 207 each, including a premium of Rs. 202. This follows receipt of 75% payment due from these warrant holders. Post-allotment, the paid-up capital will increase to 30,99,000 shares, with 2,59,000 warrants still pending conversion. This share issuance strengthens the company’s equity base and brings in additional capital from non-promoter investors.