Shine Fashions (India) Limited will hold a meeting of its Board of Directors on September 4, 2026, at 5:00 pm. The session is scheduled to consider and approve the company’s board report for the financial year ended March 31, 2026.

The agenda includes reviewing the Secretarial Audit Report for FY26. The board is also expected to convene the Annual General Meeting (AGM) and approve its draft notice.

Meeting Agenda

The board has listed several key items for consideration 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 intimation was issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Anish Anil Mehta, Managing Director, signed the disclosure.

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.