M/s Shine Fashions (India) Limited have received the Listing approval Letter from the Bombay Stock Exchange for listing of 90,000 Equity Shares of Rs. 5/- each issued at Premium of Rs. ....
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Shine Fashions (India) Ltd has received listing approval from the Bombay Stock Exchange (BSE) for 90,000 equity shares of face value Rs. 5 each, issued at a premium of Rs. 202 per share (total ~Rs. 1.86 crore). These shares, bearing distinctive numbers 2918001 to 3008000, were issued to Non-Promoters on a preferential basis pursuant to the second tranche of warrant conversion. BSE issued the approval letter (ref: LOD/PREF/HC/FIP/133/2025-26) on May 2, 2025. Trading approval is still pending and depends on the company also getting NSE approval (if applicable) and confirmation from NSDL/CDSL about crediting shares to beneficiary accounts.
This is a routine regulatory update — the equity issued earlier on warrant conversion is now formally approved for listing on BSE. No fresh fundraising or major corporate action; share dilution from these 90,000 shares (small relative to capital base) was already priced in at the time of warrant conversion. Shareholders should note that actual trading permission requires further filings with depositories.