Cineline India Limited — Pledging, 24-04-2025: Pledge/Unpledge

Ashish Benefit Trust has released 1,87,500 equity shares of Cineline India Limited as of April 16, 2025. This reduction in encumbered shares brings the total number of encumbered shares down to 29,56,500, representing 8.63% of the total share capital. The release was made for personal use by Rasesh Kanakia, the trustee of the Trust. Post-release, the promoter holds 30,68,800 shares, which is 8.96% of the company's share capital. The shares were previously encumbered with Axis Trustee Service Limited.

Investors should note this transaction as it indicates a reduction in the encumbrance level associated with a significant promoter entity, which may enhance confidence in the company's equity position.