Shine Fashions (India) Limited has preponed the time of its Board of Directors meeting scheduled for September 4, 2026. The session will now commence at 12:00 pm instead of the previously intimated 5:00 pm.

The change was communicated via a corrigendum issued on September 2, 2026. The location remains the company’s registered office in Mumbai. All other details and matters stated in the earlier intimation letter dated September 1, 2026, remain unchanged.

Meeting Agenda

The board continues to consider the same key items during the session:

• Consider and take note of the Secretarial Audit Report for FY25-26.
• Approve the Board’s Report along with annexures for FY26.
• Convene the AGM and approve the draft notice.
• Approve the appointment of a Scrutinizer.
• Approve the appointment of an E-Voting Agency.
• Consider any other business with the permission of the chair.

The disclosure was made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Anish Anil Mehta, Managing Director, signed the updated intimation.

Shine Fashions (India) Limited reported a consolidated revenue of ₹101.99 crore for the financial year ended March 31, 2026, a 24.9% increase from ₹81.58 crore in the previous year. The company made a strategic investment of ₹7.55 crore to enter a USD 4 billion global export market, which was classified as an exceptional expense. Consequently, the company reported a net loss of ₹19.21 crore for FY26, compared to a net profit of ₹3.83 crore in FY25. The board approved the audited financial results on May 30, 2026.

Financial Performance

On a consolidated basis, EBITDA before exceptional items rose 29.85% to ₹12.22 crore from ₹9.41 crore in FY25. Profit Before Tax, before the exceptional item, stood at ₹11.36 crore, up 21.6% from ₹9.34 crore in the prior year. On a standalone basis, revenue from operations grew 23.5% to ₹99.33 crore, while Profit Before Tax before the exceptional item was ₹11.68 crore. The exceptional expense of ₹7.55 crore related to market development across three continents to identify high-value product categories and facilitate introductions to international buyers.

Strategic Expansion and Fund Raising

The board authorized a fund-raising plan of up to ₹35 crore to finance the newly developed export market operations and meet increased working capital requirements. Management views FY27 as the year this investment will begin to yield tangible export revenues. The company also appointed M/s H.M. Sheth and Associates, Chartered Accountants, as internal auditors for a tenure of one year commencing from FY 2026-27.