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Shareholding3 Aug 2026, 05:41 pm

Cineline India: Promoter Group Acquires 21.36 Lakh Shares via Warrant Conversion

AI Summary

Cineline India Ltd has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, detailing the acquisition of 21,36,752 equity shares by the Promoter Group. This acquisition, which occurred on July 30, 2026, was a result of the conversion of warrants. The filing, submitted by Vrutant Himanshu Kanakia, outlines the share allocation to various members of the Promoter Group, including Ashish Rasesh Kanakia, Niyati Rasesh Kanakia, Vrutant Himanshu Kanakia, and Vrusti Benefit Trust, each receiving 5,34,188 shares. The total shareholding of the Promoter Group post-acquisition is detailed, reflecting a significant increase in their stake in the company.

Key Highlights

  • Promoter Group acquired 21,36,752 equity shares in Cineline India.
  • Acquisition was completed on July 30, 2026, via warrant conversion.
  • Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
  • Key members of the Promoter Group received equal share allocations.
  • The filing provides details on the post-acquisition shareholding structure.