Shine Fashions (India) Ltd — Others, 28-07-2025: Others
28-07-2025 | 09:47 am
28-07-2025 | 09:47 am
Shine Fashions (India) Ltd. has completed the allotment of 2.17 crore fully paid-up Bonus Equity Shares, each at Rs. 5. This bonus issue, in a 7:1 ratio (seven new shares for every one existing), significantly increases the company's equity base. The paid-up share capital has surged from Rs. 1.55 crore to Rs. 12.40 crore, reflecting this expansion. This action provides existing shareholders with additional shares, potentially enhancing liquidity. Separately, 18.13 lakh bonus shares are reserved for holders of outstanding convertible warrants.
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