Announced Wed, 15 Jul · 15:30 IST
Promoters pledge 65 lakh Cineline India shares as collateral
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
+0.5%1-day move
₹76.55
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.5+1.3+1.3+1.9+5.5+6.7————
Up moveDown movePending
AI summary
Promoters Himanshu Kanakia and Rasesh Kanakia, individually and as trustees of Vrutant Benefit Trust and Ashish Benefit Trust, pledged 65,00,000 shares (about 18.96 percent of total share capital) on 24 June 2026. The revised disclosure lists 19 lenders and Security Trustee Vistra ITC. Purpose is collateral security for personal borrowing by promoters.
Likely market impact
Promoter pledge for personal borrowing may concern investors; risk of forced sale rises if the loan defaults.