Shine Fashions (India) Ltd — Dividend/Bonus, 28-07-2025: Corp. Action

Shine Fashions (India) Limited's Board has approved the allotment of 2.17 Cr fully paid-up Bonus Equity Shares. This 7:1 bonus issue means shareholders receive seven new shares for every one existing share held. Following this, the company's paid-up share capital has increased significantly from Rs. 1.55 Cr (30.99 lakh shares) to Rs. 12.40 Cr (2.48 Cr shares). An additional 18.13 lakh bonus shares are reserved for holders of outstanding convertible warrants, pending their conversion into equity shares. This move significantly expands the company's equity base, benefiting existing shareholders.