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Cineline India LimitedPledging, 18-06-2025: Pledge/Unpledge

18-06-2025 | 07:12 pm

Ashish Benefit Trust, through trustee Rasesh Kanakia, has released 23 lakh equity shares (6.71% of the total share capital) of Cineline India Limited held as pledged shares on June 13, 2025. This unpledging was for personal use by the promoter and involved shares previously encumbered in favor of Axis Trustee Service Limited. Investors can note a reduction in pledged promoter shares, which typically reduces risk related to pledged stock.

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