Announced Thu, 26 Mar · 22:59 IST

We wish to clarify that the disclosure appearing under the BSE Listing Centre reflecting a transaction of disposal of shares by Mr. Anish Anil Mehta was inadvertently made while carrying ....

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

Price reaction · full curve 14 horizons · vs prior close
-9.5%1-day move
₹20.99
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-9.5+0.0-2.3-6.9+11.1+28.2+61.5+57.0+30.5+3.7
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AI summary

Shine Fashions (India) Ltd has clarified that no shares were actually sold by Mr. Anish Anil Mehta (Promoter and Managing Director) on March 26, 2026, as earlier appeared on the BSE Listing Centre. The disclosure on March 26 was a revision of an earlier filing made on January 3, 2026, which related to a share transaction that originally took place on January 2, 2026. The error occurred because the company, while rectifying a discrepancy flagged by BSE in the January filing, inadvertently uploaded the corrected XBRL file without selecting the "revised" option, making it look like a new disposal. The company has since re-uploaded the file correctly with the "revised" option and asked shareholders and stakeholders to disregard the earlier misleading filing.

Likely market impact

There is no actual change in promoter shareholding — no shares were disposed of on March 26, 2026. Retail investors should not be alarmed by the initial disclosure, as it was a procedural XBRL filing error and has been corrected. No material impact on the stock or shareholder value is expected.