<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
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Awaiting price reaction for this filing.
Shine Fashions (India) Limited has submitted an Initial Disclosure to BSE under SEBI's framework for Large Corporates (SEBI Circular dated August 10, 2021). The company has confirmed that it does NOT fall under the category of a Large Corporate as on March 31, 2025. Its outstanding borrowings as on that date are below Rs. 100 Crores, and no credit rating was obtained during FY 2024-25. As a result, the mandatory Annexure XII-A disclosure is not applicable to the company, though the details have been provided for reference. The company is listed on the BSE SME Platform (Scrip Code: 543244, Symbol: SHINEFASH).
This is a routine SEBI compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company carries relatively low debt (under Rs. 100 Crores) and is not required to meet the incremental borrowing obligations that apply to Large Corporates.