StockWatch
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Residential- Commercial Projects
Regulatory15 Jul 2026, 03:28 pm

Cineline India: Revised Disclosure on Share Pledge by Promoters

AI Summary

Cineline India Ltd has submitted a revised disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, concerning the pledge of shares by promoters Himanshu Kanakia and Rasesh Kanakia. The revision clarifies details regarding encumbered shares, specifically mentioning the Security Trustee (Vistra ITC (India) Limited) and listing all Debenture Holders (lenders) as requested by the exchange. The disclosure pertains to the creation of pledged shares totaling 65,00,000 equity shares on June 24, 2026, for providing collateral security. The revised filing ensures compliance with regulatory requirements by providing a comprehensive list of lenders.

Key Highlights

  • Revised SEBI disclosure filed for Cineline India Ltd.
  • Details on promoter share pledges clarified for compliance.
  • 65,00,000 equity shares pledged on June 24, 2026.
  • Security Trustee and all Debenture Holders are now listed.
  • Pledge created for collateral security purposes.