Cineline India Promoters Pledge 65 Lakh Shares for Collateral

Cineline India Ltd announced that its promoters, including Himanshu Babubhai Kanakia and Rasesh Kanakia, have pledged a total of 65,00,000 equity shares. This encumbrance, categorized as a pledge for collateral security, was created on June 24, 2026. The shares were pledged in favor of Vistra ITC (India) Limited. The disclosure was made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The total percentage of share capital encumbered by Mr. Himanshu Kanakia is 0.58%, and by Mr. Rasesh Kanakia is also 0.58%. For the trusts, 8.90% of share capital was encumbered by each.