Shining Tools Limited has strengthened its board composition with the appointment of two new Additional Non-Executive Independent Directors. The company's board meeting, held on December 11, 2025, through video conferencing approved these strategic appointments to enhance corporate governance and bring diverse expertise to the leadership team.

Board Appointments Overview

The board approved two key appointments during the meeting held from 4:00 PM to 4:09 PM IST on December 11, 2025:

Mr. Shaileshbhai Durlabhjibhai Sagpariya - Profile and Expertise

Mr. Shaileshbhai Durlabhjibhai Sagpariya (DIN: 10068422) brings a distinguished background combining government service and educational excellence. His comprehensive profile includes:

Educational Achievements:

• Master of Commerce degree (M.Com)
• Gold Medal recipient for Bachelor's degree (B.Com)
• Third rank achiever in Gujarat Public Service Commission Class 1 examination

Professional Experience:

• 20 years of government service in senior positions
• Joint Director at SPIPA (Sardar Patel Institute of Public Administration) for 10 years
• Deputy General Manager at Sardar Sarovar Narmada Nigam
• Distinguished motivational speaker since 2010
• Delivered over 500 lectures and conducted 500+ programs for students and teachers

Literary Accomplishments:

• Author of 34 bestselling books
• Recipient of the prestigious Gujarati Sahitya Academy Award

Mr. Sagpariya is not related to any existing directors of the company, ensuring independence in his role.

Mr. Jay Bharatbhai Pansuria - Corporate Governance Expert

Mr. Jay Bharatbhai Pansuria (DIN: 09344720) brings specialized expertise in corporate governance and legal compliance:

Professional Qualifications:

• Fellow Member of the Institute of Company Secretaries of India (ICSI)
• Law degree (L.L.B)
• Business Administration degree (B.B.A)

Industry Experience:

• Over eight years of experience across diverse industries
• Expertise in FMCG, Chemicals, Manufacturing, and Government companies
• Specialization in legal compliance and corporate governance
• Experience in statutory and regulatory authority dealings
• IPO fundraising and capital market compliances expertise

Current Role and Previous Positions:

• Professional Consultant for secretarial tasks, compliance, and listing procedures
• Former Independent Director at Yamuna Machine Works Limited
• Focus on compliance and sound legal decision-making for boards

Mr. Pansuria is also not related to any existing directors of the company, maintaining board independence.

Regulatory Compliance and Next Steps

Both appointments have been made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointments are subject to shareholder approval within three months, with terms and conditions outlined in their respective Letters of Appointment.

These strategic appointments reflect Shining Tools Limited's commitment to strengthening its corporate governance framework and bringing diverse expertise to guide the company's strategic direction.

Shining Tools Limited , a cutting tools manufacturer, has reported a significant increase in its financial performance for the half year ended September 30, 2025. The company, which recently made its debut on the BSE SME Platform, has shown remarkable growth in both revenue and profitability.

Financial Highlights

The company's performance shows a substantial improvement across key financial metrics:

1. Net Profit: Shining Tools Limited reported a net profit of Rs 183.83 lakhs for the half year ended September 30, 2025, compared to Rs 46.53 lakhs in the same period last year, marking a 295% increase.

2. Revenue: The company's revenue grew by 50%, rising from Rs 533.40 lakhs in H1 2024 to Rs 800.56 lakhs in H1 2025.

3. Earnings Per Share (EPS): The EPS saw a significant boost, increasing from Rs 1.16 to Rs 4.42, representing a 281% growth.

Recent IPO and Listing

Shining Tools Limited recently completed its Initial Public Offering (IPO) and subsequently listed on the BSE SME Platform on November 14, 2025. The IPO details are as follows:

• Number of shares issued: 15 lakh equity shares
• Issue price: Rs 114 per share

This listing on the BSE SME Platform marks an important milestone for the company, potentially providing it with increased visibility and access to capital markets.

Analysis

The substantial growth in Shining Tools Limited's financial performance can be attributed to several factors:

1. Revenue Growth: The 50% increase in revenue suggests strong demand for the company's cutting tools and possible market expansion.

2. Improved Profitability: The disproportionate increase in net profit (295%) compared to revenue growth (50%) indicates significant improvements in operational efficiency or cost management.

3. Market Position: As a manufacturer of cutting tools, the company may be benefiting from increased industrial activity or gaining market share in its sector.

4. IPO Impact: While the IPO occurred after the reported period, the preparation for going public might have led to improved financial discipline and operational efficiencies.

Conclusion

Shining Tools Limited's financial results for H1 2025 demonstrate the company's strong growth trajectory. The significant improvements in revenue and profitability, coupled with its recent listing on the BSE SME Platform, position the company for potential further growth. Investors and market watchers will likely keep a close eye on how the company leverages its improved financial position and public listing status in the coming quarters.

As always, it's important for investors to conduct thorough research and consider various factors, including market conditions and company-specific risks, before making investment decisions.