Shine Fashions (India) Ltd — Updates, 06-06-2025: Company Update

Shine Fashions (India) Ltd. has announced a board meeting approving the allotment of 70,000 equity shares to two non-promoter individuals upon conversion of warrants at Rs. 207 each, including a premium of Rs. 202 per share. The holders have paid 75% of the amount due to exercise this option. Post-allotment, the paid-up equity capital will increase to 30,99,000 shares, with 2,59,000 warrants yet to be converted. This capital infusion strengthens the company’s equity base and may support future growth initiatives.