The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vistra ITCL (India) Ltd
CINELINE · price
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Vistra ITCL (India) Ltd, acting as a Debenture Trustee and Security Trustee on behalf of lenders, has filed a disclosure under SEBI SAST Regulation 29(1) regarding the pledge of 28,00,000 equity shares of Cineline India Ltd on February 24, 2026. This represents 8.17% of Cineline India's total equity share capital (3,42,66,434 shares of Rs. 5 each). Before this transaction, Vistra ITCL held NIL shares; after the pledge, it holds 28,00,000 shares entirely in the nature of encumbrance (pledge). The acquirer is not part of the promoter/promoter group — Vistra ITCL is simply holding these shares as security trustee for debenture holders/lenders. The disclosure was filed on February 26, 2026.
This is a routine pledge-creation disclosure by a debenture trustee, not a promoter stake change. It indicates that 8.17% of Cineline India's shares have been pledged as collateral for a debenture/debt instrument. Shareholders should note this creates a potential encumbrance risk if the borrower defaults, but no immediate impact on shareholding pattern or control is expected.