Description

65,000 equity shares of Shine Fashions (India) Limited listed on BSE with effect from January 13, 2026, issued to promoters on preferential basis pursuant to conversion of warrants.

Summary

BSE has listed 65,000 new equity shares of Shine Fashions (India) Limited (Scrip Code: 543244) effective from Tuesday, January 13, 2026. These shares were issued at Rs. 207/- per share (face value Rs. 5/- plus premium of Rs. 202/-) to promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to a lock-in period until July 12, 2027.

Key Points

  • 65,000 equity shares of Rs. 5/- each issued at a premium of Rs. 202/- per share
  • Total issue price: Rs. 207/- per share
  • Issued to promoters on preferential basis pursuant to warrant conversion
  • Distinctive Numbers: 24792001 to 24857000
  • Date of Allotment: October 29, 2025
  • ISIN: INE0BLY01023
  • Shares rank pari-passu with existing equity shares
  • Trading permitted from January 13, 2026

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

Trading members are informed about the listing of new securities for trading purposes. No specific compliance actions required beyond normal trading operations.

Important Dates

  • Date of Allotment: October 29, 2025
  • Trading Commencement Date: January 13, 2026
  • Lock-in Period Expiry: July 12, 2027 (all 65,000 shares locked-in until this date)

Impact Assessment

Minimal market impact expected. This is a small preferential allotment representing warrant conversion by promoters. The shares carry a lock-in period of approximately 18 months from the trading commencement date, preventing immediate sale. The preferential issue to promoters typically indicates promoter commitment and may be viewed neutrally to positively by the market.

Impact Justification

Routine listing notice for small preferential allotment (65,000 shares) to promoters via warrant conversion with standard lock-in period