Shine Fashions (India) Ltd shareholders unanimously approved all agenda items at the 7th Annual General Meeting held on September 30, 2026. The resolutions included the adoption of standalone and consolidated financial statements for FY26 and the re-appointment of a director.

The meeting was conducted at the company's registered office in Mumbai. A total of six shareholders attended in person or through proxy, representing both promoter and public categories. Remote e-voting facilities were also utilized by eligible members during the designated period.

Voting on financial statements

Shareholders adopted the audited standalone and consolidated financial statements for the year ended March 31, 2026. Both resolutions were passed as ordinary resolutions with 100% votes in favour among those polled. The promoter group cast 13,949,800 votes via e-voting, while public non-institutional shareholders contributed 492,000 valid votes through a combination of e-voting and physical ballots.

Director re-appointment details

Mrs. Binal Anish Mehta, who retired by rotation, was re-appointed as a director. This resolution also received unanimous support from voting shareholders. Notably, the promoter group declared an interest in this specific resolution, yet voted in favour. Public institutional shareholders did not participate in the voting for any item.

What the numbers show

A significant divergence exists between total outstanding shares and votes polled. While the company had 24,857,000 shares outstanding, only 14,441,800 votes were cast for financial statement adoption, representing 58.10% participation. For the director re-appointment, participation dropped to 46.83% (11,641,000 votes). This suggests that a portion of the shareholder base, primarily within the promoter group who held 16,118,600 shares, abstained from voting on the director re-appointment despite voting on other items, possibly due to the declared interest or procedural constraints.

Shine Fashions (India) Limited has clarified the specific venue and timing for its Seventh Annual General Meeting (AGM), scheduled for September 30, 2026. The meeting will commence at 12.30 pm at the company's registered office located at 912, 9th Floor, Runwal R. Square, LBS Road, Opp. Veena Nagar, Mumbai-400008.

The board previously approved the Board Report and Secretarial Audit Report during a meeting on September 4, 2026. M/s JPS & Associates was appointed as the scrutinizer for remote e-voting.

AGM Agenda Items

Shareholders will consider three primary resolutions during the meeting:

• Adoption of Audited Standalone Financial Statements for FY26, along with reports from the Board of Directors and Auditors.
• Adoption of Audited Consolidated Financial Statements for FY26, along with the Auditor's Report.
• Reappointment of Mrs. Binal Anish Mehta (DIN: 11155223) as a director liable to retire by rotation.

Mrs. Mehta serves as the Chief Financial Officer and Whole Time Director. She holds a Master's in Commerce (Financial Management) and has over 10 years of experience. As on March 31, 2026, she held 2,800,800 equity shares in the company.

E-Voting Schedule

Shareholders can cast votes electronically via the NSDL E-Voting Platform. The voting window spans three days.

Copies of the AGM Notice and Annual Report 2025-26 will be circulated electronically to stock exchanges and members. These documents are also available on the company's website.