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

Shine Fashions (India) Ltd has announced a board meeting to approve increasing its Authorized Share Capital from Rs. 5 Cr to Rs. 13.5 Cr, expanding equity shares from 1 crore to 2.7 crore shares of Rs. 5 each. This change aims to support the company’s future fundraising or expansion plans and will be subject to shareholder approval at the upcoming Annual General Meeting. Additionally, the Capital Clause in the Memorandum of Association will be updated to reflect this increase. This move enhances the company’s equity base and flexibility for growth.