Cineline India: Promoters Pledge 65 Lakh Shares for Collateral

Cineline India Ltd has disclosed the creation of pledged shares by its promoters, Himanshu Kanakia and Rasesh Kanakia, along with trusts associated with them. A total of 65,00,000 equity shares were pledged on June 24, 2026, primarily for providing collateral security. The shares were pledged in favor of Vistra ITC (India) Limited. This disclosure is made under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total percentage of shares pledged by Himanshu Kanakia is 4.30% (3.72% direct + 0.58% via trust), and for Rasesh Kanakia, it is also 4.30% (3.72% direct + 0.58% via trust).