Shining Tools Ltd

Shining Tools Limited has announced the incorporation of its new subsidiary, SHINVI TOOLS LIMITED, effective September 10, 2026. This move is in line with the Board's approval from August 10, 2026. The subsidiary has an initial paid-up capital of ₹1,00,000. Shining Tools Limited holds a 55% stake (5,500 shares) in SHINVI TOOLS LIMITED, with the remaining 45% held by related parties, including promoters and directors. The transaction was conducted on an arm's length basis at a face value of ₹10 per share. SHINVI TOOLS LIMITED will engage in the manufacture of machinery for mining, quarrying, construction, and hand tools. The objective is to expand the company's capabilities, strengthen its presence in the tools and machinery segment, and diversify geographically beyond Gujarat. The incorporation is considered complete as of September 10, 2026.

Shining Tools Ltd has announced that its 13th Annual General Meeting (AGM) will be held on September 30, 2026, at 12:00 Noon IST. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The company will transact business as stated in the notice convening the AGM. In accordance with SEBI regulations, the Notice of the 13th AGM and the Annual Report for the Financial Year 2025-26 have been submitted and are also available on the company's website. The report highlights the company's focus on manufacturing high-precision carbide cutting tools and its recent awards.

Shining Tools Ltd has announced that its 13th Annual General Meeting (AGM) will be held on September 30, 2026, at 12:00 Noon IST. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The company will transact business as stated in the notice convening the AGM. In accordance with SEBI regulations, the Notice of the 13th AGM and the Annual Report for the Financial Year 2025-26 have been submitted and are also available on the company's website. The report highlights Shining Tools Ltd's expertise in manufacturing solid carbide cutting tools and specialized re-conditioning services, serving key industries like automotive, engineering, aerospace, and defence.

Shining Tools Ltd held a board meeting on September 8, 2026, correcting a previous typographical error regarding the meeting date. The board approved the Director's Report for the financial year ended March 31, 2026. Key decisions also included appointing a scrutinizer for the 13th Annual General Meeting (AGM), approving related party transactions, and setting the cut-off date for member eligibility for the AGM as September 23, 2026. The 13th AGM will be held on September 30, 2026, via Video Conferencing (VC)/Other Audio-Visual Means (OAVM).

Shining Tools Ltd announced the outcome of its board meeting held on September 8, 2026. The board approved the Director's Report for the financial year ended March 31, 2026, and appointed a scrutinizer for the upcoming 13th Annual General Meeting (AGM). The cut-off date for determining member eligibility for the AGM was set as September 23, 2026. The notice for the 13th AGM, to be held on September 30, 2026, via Video Conferencing/Other Audio-Visual Means, was also approved. Related party transactions were also considered and approved.

Shining Tools Ltd has appointed M/s. Sachin Thakkar and Associates, Company Secretaries, as the Secretarial Auditors for the Financial Year 2025-26. This appointment is in compliance with Section 204 of the Companies Act, 2013, and Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. The firm, led by CS Sachin Thakkar, brings over a decade of expertise in secretarial compliances and corporate laws. The appointment aims to ensure robust corporate governance and legal compliance.

Shining Tools Limited has announced the receipt of its first international export order from YIWU KAIPAN IMPORT & EXPORT CO., LIMITED. The order involves 1,708 units of machinery with a commercial value of $95,292 (USD). Key terms include goods originating from India, export-worthy packaging, partial payment and shipment allowed, and adherence to approved quality standards. The delivery is expected within 15 days. This marks a significant expansion for the company into global markets.

Shining Tools Ltd announced that its Board of Directors has approved the incorporation of a new subsidiary company named 'Shinvi Tools Limited'. This subsidiary will engage in the manufacturing of various machinery, including equipment for mining, quarrying, and construction, as well as hand tools and general hardware. Further disclosures regarding SEBI regulations will be made post-incorporation. The board meeting took place on August 10, 2025.

Shining Tools Ltd announced the resignation of Abhishek Arvindbhai Dobaria from his positions as Chief Financial Officer and Executive Director. The resignation is effective from August 4, 2026. The company cited preoccupation and increased professional commitments as the reasons for his departure. Mr. Dobaria confirmed there are no other material reasons for his resignation. He expressed gratitude to the Board and management for their support during his tenure.

Shining Tools Ltd has announced the resignation of Abhishek Arvindbhai Dobaria from his positions as Executive Director and Chief Financial Officer. The resignations are effective from August 4, 2026. Mr. Dobaria cited preoccupation and increased professional commitments as the reasons for his departure. The company has provided the necessary disclosures as per SEBI regulations.