Shareholding29 May 2026, 01:02 pm
Cineline India: Promoter Encumbered Shareholding Revised
AI Summary
Cineline India Ltd. received a revised disclosure on May 28, 2026, regarding Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The revision pertains to promoter holding already encumbered, which was initially reported as NIL/0. The corrected disclosure indicates encumbered shares for Himanshu Kanakia, Rasesh Kanakia, Rupal Kanakia, and Hiral Kanakia. Additionally, a declaration under Regulation 31 was enclosed regarding the release of pledged shares of 7,12,000 equity shares on April 29, 2026.
Key Highlights
- Revised disclosure filed under SEBI Regulations 31(1) and 31(2).
- Initial disclosure incorrectly stated 'Promoter holding already encumbered' as NIL/0.
- Corrected disclosure shows encumbered shares for Himanshu, Rasesh, Rupal, and Hiral Kanakia.
- Release of pledged shares of 7,12,000 equity shares occurred on April 29, 2026.
- Shares were released from pledge with Motilal Oswal and Sharekhan Limited.
Price Impact
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