This is to clarify that the record date of 4th July, 2025 as decided in the earlier board meeting of the company held on 06.06.2025, has been solely fixed for declaration of dividend and ....
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Shine Fashions has clarified that the record date of 4th July 2025, set at the earlier board meeting on 6th June 2025, applies only to the declaration of dividend. The earlier mention of bonus shares on the same record date was an inadvertent error due to internal miscommunication, for which the company has apologised. The record date for the bonus issue will be announced separately in due course after receiving required approvals. Shareholders who were expecting bonus shares tied to the 4th July record date should note this change, though the dividend record date remains unchanged.
Dividend eligibility on 4th July 2025 is confirmed, but the earlier expected bonus share event tied to the same date has been deferred. The bonus issue timing is now uncertain and subject to future approvals, which removes near-term certainty around that potential corporate action.