In Compliance with Regulation 7(2)(a) of SEBI (PIT) Regulations, 2015, as amended, attached herewith disclosure related to change in shareholding due to disposal of 112000 (0.45%) Equity ....
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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) through open market transactions on the BSE SME platform on January 2, 2026. The shares were sold in two tranches — 72,000 shares at Rs. 37 each and 40,000 shares at Rs. 37.10 each — for a total consideration of Rs. 41.48 lakh. Post-sale, his holding stands at 62,88,800 shares (25.30%), down from 64,00,800 shares (25.75%) earlier. The shares were purchased by Mr. Anil Zaverchand Mehta (another member of the promoter family). This is a routine insider trading disclosure under SEBI PIT Regulations.
Minimal impact on shareholders — the sale is small (0.45%) and the stake remains well within the promoter's control at 25.30%. Since the buyer is another promoter family member, overall promoter group holding is largely unchanged, so the market reaction is likely to be neutral.