Sunshine Capital News

Sunshine Capital Independent Director Resigns

Sunshine Capital Limited announces resignation of Independent Director Mr. Bhupendra Kaushik effective January 5, 2026, citing personal reasons under SEBI Regulation 30 compliance.

Sunshine Capital Independent Director Resigns Over Communication Issues

Luv Sharma resigned as Independent Director of Sunshine Capital Ltd effective November 20, 2025, citing inadequate receipt of board meeting notices and documents that prevented him from discharging his duties. The resignation affects the company's board composition and governance structure, with Sharma confirming no other material reasons beyond the communication issues mentioned.

Sunshine Capital Limited Discloses Related Party Transactions for Quarter and Half-Year Ended September 30, 2025

Sunshine Capital Limited disclosed related party transactions for the quarter and half-year ended September 30, 2025. The company provided loans to relatives of the Managing Director, including ₹6.87 lakh to Babita Jain and ₹1.73 crore to Virendra Jain. Remuneration payments totaling ₹1.52 crore were made to Babita Jain. The company also reported borrowings of ₹69.92 lakh from Phool Devi Ghosal, a relative of a director, and share purchases worth ₹4.07 crore from Alstone Textile India Ltd, a related party of key managerial personnel.

Sunshine Capital Limited Reports Quarterly Financial Results for Period Ended September 30, 2025

Sunshine Capital Limited's Board of Directors approved unaudited financial results for the quarter and half year ended September 30, 2025. The company reported revenue from operations of Rs 3,151.79 lakhs for the six-month period and Rs 530.07 lakhs for the corresponding period last year. The company's total assets stood at Rs 77,906.70 lakhs as of September 30, 2025, compared to Rs 365.83 lakhs in the previous period. Equity share capital remained at Rs 529.72 lakhs. The company operates as a Non-Banking Financial Company (NBFC) and confirmed that Regulation 32 of SEBI LODR Regulations 2015 regarding fund utilization is not applicable as no shares were issued through public, rights, or preferential issues during the period. The results were reviewed by chartered accountants VRSK Associates.