The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Axis Trustee Services Ltd

Pledge releasedOwnership Changes View source PDF Explain this filing

CINELINE · price

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Price reactionminutes from the announcement price · days from the prior close

+0.1%Reaction day

₹92.44

prior close

₹92.07

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%+1.1% vs market

Film Production Distribution & Exhibition peers, median of 5sector-1.4%+1.5% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 1.5 pts more than its Film Production Distribution & Exhibition peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.1-1.0+1.1-1.4+1.5

Next day

-4.4-1.3-3.2-1.8-2.6

-2.8-3.1+0.3-1.6-1.2

-2.6-2.8+0.2-3.8+1.1

-7.7-2.5-5.2-3.4-4.3

-2.2-2.1-0.2-3.5+1.2

-2.7-0.2-2.6-0.3-2.4

15d

-1.4+1.0-2.4+0.6-2.0

-0.5+3.5-4.0+3.2-3.7

-2.8-1.9-0.8+4.5-7.2

-10.2+1.4-11.6+7.5-17.7

UpDownMarket · Nifty Microcap 250Sector · Film Production Distribution & Exhibition peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Axis Trustee Services Limited, acting as security trustee (pledgee) for Cineline India Ltd, disclosed a release of 56,54,000 equity shares that were previously pledged with them. These released shares represent 16.50% of Cineline India's total share capital. After this release, the pledgee holds NIL encumbered shares in the company. The transaction date is June 13, 2025. Importantly, Axis Trustee Services has confirmed it does NOT belong to the promoter or promoter group of Cineline India, meaning this was a non-promoter pledgor's pledged shares that got released. Cineline India's total equity capital remains Rs. 17,13,32,170 (3,42,66,434 shares of Rs. 5 face value) before and after the transaction.

Likely market impact

A full release of pledged shares (16.50% stake) usually indicates the underlying loan/ obligation has been settled, which is seen as a positive de-risking signal. For retail investors, this removes the overhang of a large block of pledged shares that could otherwise have been sold off in the market had the pledge been invoked. The share price may see mild positive sentiment, though the identity of the pledgor remains unclear from this disclosure.