Shine Fashions (India) Ltd — Important, 06-03-2026: Company Update

Shine Fashions (India) Limited has approved the allotment of 70,000 equity shares to a promoter, Mr. Anil Zaverchand Mehta, following the conversion of an equal number of warrants. These shares were issued at Rs. 207 each. Subsequently, the company also allotted 4,90,000 bonus shares in a 7:1 ratio, which were reserved earlier for such allottees. This series of allotments has increased the company's paid-up share capital from Rs. 12.656 crore to Rs. 12.936 crore. The total amount raised from the warrant conversion is Rs. 1.449 crore.