Cineline India Limited — Pledging, 22-04-2025: Pledge/Unpledge

Rasesh Kanakia, as the trustee of Rupal Kanakia Trust, has reported the release of 900,000 equity shares of Cineline India Limited, previously pledged to Axis Trustee Service Limited. This transaction affects 2.63% of the company's total share capital. Following this release, the total encumbered shares held by Rupal Kanakia Trust now stand at 30,68,800 shares, representing 8.96% of the company's total share capital. Investors may view this release as a positive development, indicating reduced collateralization of shares which could enhance liquidity and investor confidence.