The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 04, 2026 for Himanshu Kanakia, Rasesh ....
CINELINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cineline India promoters have released a total of 7,12,000 pledged equity shares on April 29, 2026. The release involves four promoters: Himanshu Kanakia and Rasesh Kanakia each released 2,56,000 shares (0.75% each) held as collateral with Motilal Oswal Financial Services and Sharekhan, while Mrs. Rupal Kanakia and Mrs. Hiral Kanakia each released 1,00,000 shares (0.29%) pledged with Sharekhan. These encumbrances were originally created on December 31, 2025. The promoters stated the funds were for personal use and not for the benefit of the listed company or its group companies.
The release of pledged shares reduces promoter encumbrances and may be viewed positively as it indicates promoters are reducing their borrowing against company shares or repaying loans. Their percentage holdings in the company remain unchanged at 3.72% for Himanshu and Rasesh, and 7.09% for Rupal and Hiral.