Announced Sat, 3 Jan · 15:39 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anish Anil Mehta

Promoter Below 50pctOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Anish Anil Mehta has sold 1,12,000 equity shares (0.45% of total share capital, 0.42% on a diluted basis) of Shine Fashions (India) Ltd through an open market transaction on January 2, 2026. Post-sale, his holding reduced from 64,00,800 shares (25.75%) to 62,88,800 shares (25.30%), or 23.41% on a diluted basis. The disclosure was filed under Regulation 29(2) of SEBI's SAST Regulations, 2011. Shine Fashions is listed on the BSE SME platform (Scrip Code: 543244). The promoter's total equity share capital stands at 24,745,000 shares after the disposal.

Likely market impact

This is a small promoter offload (well below the 1% threshold that would trigger a separate disclosure), so the immediate impact on the stock is likely limited. However, investors should monitor whether further promoter sales follow, as continued selling could weigh on sentiment.