Cineline India Limited — Pledging, 15-04-2025: Pledge/Unpledge

Rasesh B. Kanakia, a promoter of Cineline India Limited, has released 3,50,000 equity shares, which represent approximately 1.02% of the total share capital. This action occurred on 07-04-2025, resulting in his remaining holding being 12,73,924 shares, equivalent to 43.72% of the total share capital. The shares were released from a pledge originally made in favor of Sunil Bhagwatlal Dalal. This development may be viewed positively by investors as it reduces the encumbrance on the promoter's shares, potentially enhancing market confidence in the stock.