Disclosure under SEBI (PIT) Regulations, 2015 rekated to change in shareholding of the Promoter of the Company.
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Awaiting price reaction for this filing.
Mr. Anish Anil Mehta, Managing Director and Promoter of Shine Fashions (India) Ltd, sold 1,12,000 equity shares (0.45% of total equity) on 2 January 2026 through open market transactions on the BSE SME Platform. The shares were sold in two tranches — 72,000 shares at ₹37 each and 40,000 shares at ₹37.10 each — for a total consideration of approximately ₹41.48 lakh. Following this sale, the promoter's stake reduced from 25.75% (64,00,800 shares) to 25.30% (62,88,800 shares). The disclosure was filed under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.
Minor promoter trimming; his stake remains substantial at 25.30%, so this is unlikely to materially affect share price or control. Retail investors may view this as routine portfolio rebalancing rather than a negative signal.