Shine Fashions (India) Ltd — Dividend/Bonus, 21-07-2025: Corp. Action

Shine Fashions has set the eligibility date for its bonus share issue, with shares to be allotted soon after. Eligible shareholders will receive 7 new fully paid-up equity shares of Rs. 5 each for every 1 existing share they hold. A total of 2,16,93,000 bonus shares will be issued to existing shareholders. Additionally, 18,13,000 bonus shares are reserved for convertible warrant holders, to be allotted upon warrant conversion. This bonus issue will increase the company's equity base, potentially enhancing liquidity for existing shareholders.