Cineline India Limited — Important, 08-08-2025: General Updates

Cineline India has divested its entire 100% stake in wholly-owned subsidiary Transquare Realty Private Limited for ₹0.01 Cr. This subsidiary ceased to be part of the company on February 28, 2025. For FY24, Transquare Realty reported a total income of ₹0.05 Cr and a profit after tax of ₹0.13 Cr, but had a negative net worth of ₹(0.0662) Cr as of December 31, 2024. This strategic move appears to simplify Cineline's operations by exiting an underperforming asset.