Shareholding6 Mar 2026, 06:32 pm
Shine Fashions (India) Ltd. Allots 70,000 Equity Shares Upon Conversion of Warrants and Releases 4,90,000 Bonus Shares
AI Summary
Shine Fashions (India) Ltd. has allotted 70,000 equity shares at an issue price of Rs. 207/- each (including a premium of Rs. 202/- each) to a warrant holder belonging to the promoter category. This allotment is pursuant to the conversion of 70,000 warrants out of the total outstanding warrants. Additionally, the company has released and allotted 4,90,000 bonus shares in the proportion of 7:1 upon conversion of the above said warrants into equity shares. The latest trends in Interlinings.
Key Highlights
- Allotment of 70,000 equity shares at an issue price of Rs. 207/- each including a premium of Rs. 202/- each.
- Release and allotment of 4,90,000 bonus shares in the proportion of 7:1 upon conversion of warrants into equity shares.
- The allotment is pursuant to the conversion of 70,000 warrants out of the total outstanding warrants.