Description

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

Summary

BSE has announced the listing of 65,000 new equity shares of Shine Fashions (India) Limited (Scrip Code: 543244) with effect from Tuesday, January 13, 2026. These shares were issued at a premium to promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to a lock-in period ending July 12, 2027.

Key Points

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

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members of the Exchange are informed about the new securities listing
  • All 65,000 shares are subject to lock-in restrictions as per SEBI regulations for preferential allotments to promoters

Important Dates

  • Date of Allotment: October 29, 2025
  • Trading Commencement: January 13, 2026
  • Lock-in Period Ends: July 12, 2027 (for all 65,000 shares with distinctive numbers 24792001 to 24857000)

Impact Assessment

This is a routine listing announcement with minimal market impact. The issuance represents a small number of shares (65,000) allotted exclusively to promoters through warrant conversion at a premium of Rs. 202/- per share. The shares are subject to a standard lock-in period until July 2027, preventing immediate selling pressure. The preferential allotment to promoters may indicate promoter confidence and commitment to the company. Market impact is expected to be negligible given the small size and promoter-only allotment with lock-in restrictions.

Impact Justification

Routine listing of new equity shares from warrant conversion to promoters with small issuance size (65,000 shares) and standard lock-in requirements. Limited market impact due to small volume and promoter-only allotment.