The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on May ....
CINELINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cineline India Limited promoters have released pledged shares worth 7,12,000 equity shares on April 29, 2026. The release involved four promoters: Mr. Himanshu Kanakia released 2,56,000 shares (0.75% total), Mr. Rasesh Kanakia released 2,56,000 shares (0.75% total), and both Mrs. Rupal Kanakia and Mrs. Hiral Kanakia released 1,00,000 shares each (0.29% each). Shares were released from pledges held with Motilal Oswal Financial Services Limited and Sharekhan Limited. The encumbrances were originally created on December 31, 2025, for providing collateral security for personal loans taken by the promoters. The company's shares are listed on both NSE and BSE.
The release of pledged shares reduces promoter encumbrances, which is generally viewed positively by the market as it indicates reduced risk of forced selling. Total release represents about 2.08% of total share capital, suggesting improved promoter liquidity position.