The Record date Fixed for the purpose of ascertaining the eligibility of shareholders entitled for Bonus Equity Shares is fixed as Friday, 25th July, 2025.
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On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 1.2 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Shine Fashions (India) has fixed Friday, July 25, 2025 as the record date to identify shareholders eligible for bonus shares. The company will issue 2,16,93,000 fully paid-up bonus equity shares of Rs. 5 each in a ratio of 7:1 (7 new shares for every 1 share held). The deemed date of allotment is Monday, July 28, 2025. Additionally, 18,13,000 bonus shares have been kept reserved for convertible warrant holders, taking the total approved bonus issue to 2,35,06,000 shares.
Eligible shareholders will receive 7 bonus shares for each share held, significantly expanding the share count (8x dilution on paper) but typically leads to an equivalent price adjustment, leaving overall value unchanged. Short-term trading activity and volume around the record and ex-bonus dates is expected.