Announced Sat, 27 Jun · 12:52 IST
Promoters pledge 65 lakh Cineline India shares as collateral for personal loans
Ownership Changes View source PDF
CINELINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.3%1-day move
₹78.20
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+3.3+4.9+4.8+1.6+5.7+2.3-0.9———
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AI summary
Promoters of Cineline India including Himanshu Kanakia and Rasesh Kanakia, both individually and as trustees of Vrutant Benefit Trust and Ashish Benefit Trust, have pledged 65,00,000 equity shares (about 1.9% of total share capital) in favour of Vistra ITC (India) Limited on June 24, 2026. The pledge was created as collateral security for personal borrowing by promoters. Cineline India and its group companies are not part of the transaction.
Likely market impact
Each pledge is below 50% of that promoter's holding and is for personal borrowing. No company-level impact, but shares are now encumbered.