Cineline India Limited (CINELINE) — regulation 31 Announcement
📢 Key Event
Promoter releases pledged shares to settle collateral obligations
🔄 What Changed
Pledged share count reduced to zero for all promoters
💡 Investor Takeaway
Share release resolves collateral risk without altering ownership stakes
On May 4, 2026, promoter Himanshu Kanakia released pledged shares of 7,12,000 equity shares of Cineline India Limited, reducing pledged holdings to zero for all listed promoters. The release, tied to collateral security for loans, decreased pledged shares by 2,50,000 (0.73%) and 6,000 (0.02%) across multiple entities. Post-event promoter holding remained at 3.72% with no change in public or total shareholding figures.
📄 View Original Announcement (PDF)
About Cineline India Limited (CINELINE)
Media Entertainment & Publication · Entertainment · Listed on NSE
Market Cap: ₹274.41 Cr
P/E: -23.7
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.