Cineline India Limited — Pledging, 02-04-2025: Pledge/Unpledge
02-04-2025 · 03:31 pm
Himanshu Kanakia, as trustee of Vrutant Benefit Trust, has disclosed the pledge of 469,000 equity shares of Cineline India Limited on 27 March 2025. After this transaction, Kanakia holds a total of 30,68,800 shares, representing 8.96% of the total share capital, with 24,87,500 shares previously encumbered, equating to 7.26%. The pledge is established with Axis Trustee Service Limited and is intended for personal use by the promoter. This encumbrance represents 1.37% of the total share capital. Investors should consider this pledge as it may impact the liquidity and availability of shares in the market.
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