INDIA IPO
  • Home
  • About
    • About us
    • Our CSR
  • Services

    IPO

    • Initial Public Offering (IPO)
    • SME IPO Consultation
    • Mainline IPO Consultation
    • Follow-On Public Offer (FPO)
    • Pre-IPO Funding Consultants

    Capital Raising

    • Social Stock Exchange
    • Private Placement
    • Project Funding
    • REIT
    • SM REIT
    • Rights Issue Advisory
    • InvIT Rights Issue
    • InvIT Public Issue
    • InvIT Private Issue
    • Debt Syndication
    • Securitised Debt Instruments
    • Public Municipal Debt
    • Private Municipal Debt

    Finance Advisory

    • Business Valuation
    • Corporate Finance
    • Financial Modelling
    • Project Finance
  • Investors
  • Merchant Bankers

    SME

    • List of SME Merchant Bankers

    MAINBOARD

    • List of Mainboard Merchant Bankers
  • Resources

    Reports

    • Daily Reporter
    • IPO Calendar
    • Mainline IPO Report
    • SME IPO Report
    • SME IPOs by Sector
    • Mainboard IPOs by Sector

    IPO Knowledge

    • IPO World Magazine
    • IPO Process
    • Pre-IPO Process Guidance
    • IPO Blogs
    • Sector Wise IPO List In India
    • List of IPO Registrar

    Notifications / Circulars

    • BSE SME Eligibility Criteria
    • SEBI ICDR Amendment Regulations March 2025
    • SEBI SME IPO ICDR Amendments report Mar–Nov 2025
    • NSE Emerge Eligibility Criteria
    • ICDR
  • News/Updates
    • Markets & Money Update
    • IPO & Market Snaps
  • Contact Us
  • Check IPO Feasibility
Check IPO Feasibility
INDIA IPO
INDIA IPO

Contact Info:

  • +91-96506-37280
  • +011-47008280
  • info@indiaipo.in
  • 808, 8thFloor D-Mall, Netaji Subhash Place, Pitampura, Delhi-110034.
shape
  1. Home
  2. News
  3. Cineline India Promoters Release 7,12,000 Pledged Equity Shares Under SEBI Takeover Regulations
ipo services in India
India IPO
  • 05 May 2026
  • X
 Cineline India Promoters Release 7,12,000 Pledged Equity Shares Under SEBI Takeover Regulations

Cineline India Limited promoters released a total of 7,12,000 equity shares from pledge on 29.04.2026, disclosed under Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The four promoters involved — Mr. Himanshu Kanakia, Mr. Rasesh Kanakia, Mrs. Rupal Kanakia, and Mrs. Hiral Kanakia — had originally pledged the shares on 31.12.2025 as collateral security for personal use with Motilal Oswal Financial Services Limited and Sharekhan Limited. Following the release, the post-event encumbered shareholding for all promoters is 0.00%, with no shares remaining under pledge. The disclosure was reported to both NSE and BSE on 04th May 2026.

Cineline India Promoters Release 7,12,000 Pledged Equity Shares Under SEBI Takeover Regulations

Cineline India Limited promoters have disclosed the release of a total of 7,12,000 equity shares from pledge on 29.04.2026, as reported to the National Stock Exchange of India Limited and BSE Limited on 04th May 2026. The disclosure was made under Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, read with the SEBI master circular dated February 16, 2023. The release was signed and submitted by Mr. Himanshu Babubhai Kanakia on behalf of the promoter group.

Promoters Involved in the Pledge Release

Four members of the Kanakia promoter group were party to the pledge release event. The shares had been originally pledged on 31.12.2025 as collateral security for personal use by the promoters, with no involvement of the listed company or its group companies in the underlying transactions.

The promoters involved are:

Mr. Himanshu Kanakia

Mr. Rasesh Kanakia

Mrs. Rupal Kanakia

Mrs. Hiral Kanakia

Details of Pledge Release

The following table summarises the pledge release details for each promoter, including the number of shares released and the entities in whose favour the shares were previously pledged:

Promoter: Shares Held % of Total Share Capital Shares Released % of Share Capital Pledged With Mr. Himanshu Kanakia 1273924 3.72% 2,50,000 0.73% Motilal Oswal Financial Services Limited Mr. Himanshu Kanakia 1273924 3.72% 6,000 0.02% Sharekhan Limited Mr. Rasesh Kanakia 1273924 3.72% 2,50,000 0.73% Motilal Oswal Financial Services Limited Mr. Rasesh Kanakia 1273924 3.72% 6,000 0.02% Sharekhan Limited Mrs. Rupal Kanakia 24,28,844 7.09% 1,00,000 0.29% Sharekhan Limited Mrs. Hiral Kanakia 24,28,844 7.09% 1,00,000 0.29% Sharekhan Limited

Following the release, the post-event encumbered shareholding for all four promoters stands at 0.00%, indicating that no shares remain under pledge.

Nature of Encumbrance and End Use

All pledges were classified as collateral security provided by the promoters for personal use, with the encumbrance originally created on 31.12.2025. The entities involved were Motilal Oswal Financial Services Limited, categorised as an NBFC, and Sharekhan Limited, categorised as a stock broking and financial services entity. The disclosures confirm that neither the listed entity nor any of its group companies were involved in the underlying transactions, as the funds were for the personal use of the promoters.

Post-Release Encumbrance Status

Upon completion of the release on 29.04.2026, none of the four promoters hold any encumbered shares in Cineline India Limited. In each case, the encumbered shares as a percentage of promoter shareholding were below 50%, and the encumbered shares as a percentage of total share capital were below 20%, both prior to and following the release event. The disclosure was filed from Mumbai and digitally signed by all four promoters on 04th May 2026.

Cineline India Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling mandatory regulatory requirements under SEBI regulations for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited on April 02, 2026. The filing was signed by Rasesh Kanakia, Chairman & Whole Time Director (DIN: 00015857).

Filing Details: Information Quarter Ended: March 31, 2026 Filing Date: April 02, 2026 Regulation: SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5) Signatory: Rasesh Kanakia, Chairman & Whole Time Director

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's registrar and share transfer agent, issued the confirmation certificate dated April 01, 2026. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry.

The registrar confirmed that all securities received from depository participants for dematerialisation during the quarter ended March 31, 2026 were properly processed according to regulatory requirements.

Certificate Confirmations

The MUFG Intime certificate provides several key confirmations:

Securities received for dematerialisation were confirmed (accepted/rejected) to depositories

All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed

Security certificates received for dematerialisation were confirmed/rejected within prescribed timelines

Security certificates were mutilated and cancelled after due verification by depository participants

Names of depositories have been substituted in the register of members as registered owners

Corporate Information

Company Details: Information Corporate Identity Number: L92142MH2002PLC135964 Registered Office: 2nd Floor, A & B wing, Vilco Centre, Subhash Road, Mumbai Website: www.moviemax.co.in Email: investor@cineline.co.in

This quarterly compliance filing demonstrates Cineline India Limited's adherence to SEBI regulations governing depositories and participants, ensuring proper handling and processing of dematerialised securities during the reporting period.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation.

We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors.

Disclaimer:

The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.

This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.

The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.

We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.

This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.

By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.

We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.

Source: scanx.trade

Recent News

OpenAI may fast-track AI agent phone for 2027 mass production
OpenAI may fast-track AI agent phone for 2027 mass productio...

Source: India Today

05 May 2026
GHCL Limited Allots 1,96,500 Equity Shares Against Employee Stock Option Exercise
GHCL Limited Allots 1,96,500 Equity Shares Against Employee...

Source: scanx.trade

05 May 2026
Kissht IPO: OnEMI Technology Solutions issue fully booked Check subscription status, GMP
Kissht IPO: OnEMI Technology Solutions issue fully booked Ch...

Source: Business Today

05 May 2026
Brand Concepts Limited Discloses Inter-Se Transfer of 1,624,220 Equity Shares Under SEBI SAST Regulations
Brand Concepts Limited Discloses Inter-Se Transfer of 1,624,...

Source: scanx.trade

05 May 2026
Kotyark Industries Promoter Entity Gaurang R Shah HUF Disposes 1,16,921 Shares via Open Market Transaction
Kotyark Industries Promoter Entity Gaurang R Shah HUF Dispos...

Source: scanx.trade

05 May 2026
Blackstone-backed Bagmane Prime Office REIT garners Rs 1,150 cr from anchor investors
Blackstone-backed Bagmane Prime Office REIT garners Rs 1,150...

Source: Daily Excelsior

05 May 2026
Value 360 Communications IPO Day 2: Check Subscription Status, GMP, And Other Details
Value 360 Communications IPO Day 2: Check Subscription Statu...

Source: NDTV Profit

05 May 2026
M&M Q4 Results: Standalone PAT jumps 53% YoY to Rs 3,737 crore; Rs 33/share dividend declared
M&M Q4 Results: Standalone PAT jumps 53% YoY to Rs 3,737 cro...

Source: The Economic Times

05 May 2026
Small IPOs face listing delays as mutual funds turn selective amid broader market volatilities
Small IPOs face listing delays as mutual funds turn selectiv...

Source: Livemint

05 May 2026
Markets at Noon: Nifty and Sensex Drop Nearly 1% as Financial Services Lead Decline
Markets at Noon: Nifty and Sensex Drop Nearly 1% as Financia...

Source: scanx.trade

05 May 2026
pre ipo advisory services in India
  • GST No: 07AAHCB7068H2ZF

India IPO is a leading Indian business services platform that helps firms and companies to launch their initial public offerings (IPOs) in order to raise essential capital for growth and expansion while adding value & fueling the nation’s immense potential and future opportunities.

Follow us:

Facebook Twitter LinkedIn Instagram YouTube

Quick Links

  • Home
  • Blogs
  • Consultant
  • Youtube Videos
  • News
  • Contact Us
  • Career

Contact Information:

  • Corporate Office: 808, 8th Floor, D-Mall, Netaji Subhash Place, Pitampura, Delhi-110034
  • Regional Office: Office No. 601, Shagun Insignia, Ulwe, Sector-19, Navi Mumbai- 410206
  • Email: info@indiaipo.in
  • Mobile: +91-74283-37280, +91-96509-82781
  • Disclaimer  |
  • Privacy & Policy  |
  • Terms & Conditions  

Copyright © All rights reserved by - Bmarkt Tecamat Private Limited