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Shine Fashions (India) informs about outcome of board meeting

21 Jan 2026 Evaluate
In continuation to earlier Intimation dated 6th May, 2025 regarding Proposal for issue of Bonus Shares, Intimation dated 21.07.2025 regarding record date and deemed date of allotment of bonus shares and subsequent intimation dated 28.07.2025 regarding allotment of Bonus Shares and in this regard Shine Fashions (India) has informed that the Board of Directors of the Company, in its meeting held today i.e. Wednesday, 21st January, 2026, has approved the release of 4,55,000 fully paid-up Bonus Equity Shares of Rs 5 each in the proportion of 7:1 i.e. 7 new fully paid-up equity share of Rs 5 for every 1 existing fully Paid-up equity share of Rs 5 to Anil Zaverchand Mehta, which were kept reserved for holding outstanding convertible warrants as on the record date fixed for this purpose i.e. July 25th, 2025 and has exercised his right of conversion of 65000 warrants.

The above information is a part of company’s filings submitted to BSE.

Shine Fashion (I) Share Price

30.17 -2.08 (-6.45%)
17-Apr-2026 16:59 View Price Chart
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