With reference to the SEBI Circular no. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, as amended, read with SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, this ....
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Awaiting price reaction for this filing.
Shine Fashions (India) Limited has filed an initial disclosure with BSE under SEBI circulars regarding debt securities issuance by Large Entities. The company has confirmed that it does not fall under the 'Large Corporate' category as on March 31, 2025. Its outstanding borrowings stood below Rs. 100 Crores, which is the threshold for Large Corporate classification. The company is listed on the BSE SME Platform (Scrip Code: 543244). This is a routine annual compliance disclosure rather than any announcement of fundraising or borrowing activity.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply reflects the company's relatively small borrowing base, well below the Rs. 100 Crore Large Corporate threshold.