Shine Fashions (India) Ltd — Important, 29-10-2025: Company Update

Shine Fashions (India) Ltd.'s board has approved the allotment of 65,000 equity shares to a promoter, Mr. Anil Zaverchand Mehta. These shares, with a face value of Rs. 5 each, were issued at a price of Rs. 207 per share, including a premium of Rs. 202, following the conversion of warrants. This conversion infuses approximately Rs. 1.3455 Cr into the company. The allotment increases the paid-up capital to 2.4857 Cr equity shares, with 194,000 more warrants still awaiting conversion. This action reflects ongoing capital strengthening and promoter participation.