BSEInsider Trading / SAST3 Aug 2026 · 3 Aug 2026, 05:36 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashish Rasesh Kanakia
Cineline India Ltd · 532807
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Cineline India Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, indicating that the promoter group has acquired 21,36,752 equity shares of the company through the conversion of warrants on July 30, 2026.
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Cineline India Ltd - 532807 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Date: 03th August, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor, 1st Floor, New Trading Ring,
Plot No. C/1, G Block, PJ Towers, Dalal Street,
Bandra Kurla Complex, Fort, Mumbai - 400 001
Bandra (East), Mumbai - 400 051 Email: corp.relations@bseindia.com
Email: takeover@nse.co.in
Cineline India Limited
2nd Floor, A & B Wing, Vilco Centre,
Subhash Road, Opp. Garware
Vile Parle (East). Mumbai City,
Maharashtra – 400 057, India
Email: investor@cineline.co.in
Dear Sir/Madam,
Sub: Disclosure under Regulation 31 of the Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011 read with master circular dated February
16, 2023 issued by SEBI (No. SEBVHO/CFD/PoD- 1/P/CIR/2023/31).
Dear Sir,
With reference to the captioned subject, I, Vrutant Himanshu Kanakia, hereby enclose the
declaration under Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011 in respect of the acquisition of 21,36,752 Equity Shares of Cineline India Limited
pursuant to the conversion of warrants on 30th July, 2026 by the Promoter Group of the Company.
Sr.No Name Category No of Equity Shares
allotted
1 Ashish Rasesh Kanakia Promoter Group 5,34,188
2 Niyati Rasesh Kanakia Promoter Group 5,34,188
3 Vrutant Himanshu Kanakia Promoter Group 5,34,188
4 Vrusti Benefit Trust Promoter Group 5,34,188
This is for your information and records.
Kindly acknowledge the same.
Yours Truly
Vrutant H Kanakia
Promoter Group
Encl: As above
Format for Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Part-A - Details of the Acquisition
Name of the Target Company (TC) Cineline India Limited
Name of Acquirer and Members of the Promoter / Promoter Group
Ashish Rasesh Kanakia
Niyati Rasesh Kanakia
Vrutant Himanshu Kanakia
Vrusti Benefit Trust
PAC / Persons forming part of Promoter / Promoter Group
Rasesh Kanakia
Name(s) of the acquirer and Persons Acting in
Himanshu Kanakia
Concert (PAC) with the acquirer
Rupal Kanakia
Hiral Kanakia
Rupal Kanakia Trust
Hiral Kanakia Trust
Ashish Benefit Trust
Vrutant Benefit Trust
Kanakia Gruhnirman Private Limited
Kanakia Finance & Investments Private Limited
Whether the acquirer belongs to Promoter/ Promoter
group
Name(s) of the Stock Exchange(s) where the shares BSE Limited
of TC are Listed National Stock Exchange of India Limited
% w.r.t.total share/ % w.r.t. total diluted
Details of the acquisition / disposal as follows Number voting capital share/ voting capital
wherever applicable (*) of the TC (**)
Before the acquisition under consideration, holding of:
a) Shares carrying voting rights
Ashish Rasesh Kanakia 10,42,133 3.0413 3.0413
Niyati Rasesh Kanakia 10,42,133 3.0413 3.0413
Vrutant Himanshu Kanakia 10,42,133 3.0413 3.0413
Vrusti Benefit Trust 10,42,133 3.0413 3.0413
Rasesh Kanakia 12,73,924 3.7177 3.7177
Himanshu Kanakia 12,73,824 3.7174 3.7174
Rupal Kanakia 24,28,844 7.0881 7.0881
Hiral kanakia 24,28,844 7.0881 7.0881
Rupal Kanakia Trust 30,68,800 8.9557 8.9557
Hiral Kanakia Trust 30,68,800 8.9557 8.9557
Ashish Benefit Trust 30,68,800 8.9557 8.9557
Vrutant Benefit Trust 30,68,800 8.9557 8.9557
Kanakia Gruhnirman Private Limited 140 0.0004 0.0004
Kanakia Finance & Investment Private Limited 140 0.0004 0.0004
b) Shares in the nature of encumbrance (pledge/ lien/
- 0.0000 0.0000
non-disposal undertaking/ others)
c) Voting rights (VR) otherwise than by shares - 0.0000 0.0000
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
- 0.0000 0.0000
shares carrying voting rights in the T C (specify
holding in each category)
e) Total (a+b+c+d) 2,38,49,448 69.6000 69.6000
Details of acquisition/sale
a) Shares carrying voting rights acquired/sold
- 0.0000 0.0000
(Gross)
Ashish Rasesh Kanakia 5,34,188 1.4016 1.4016
Niyati Rasesh Kanakia 5,34,188 1.4016 1.4016
Vrutant Himanshu Kanakia 5,34,188 1.4016 1.4016
Vrusti Benefit Trust 5,34,188 1.4016 1.4016
b) VRs acquired /sold otherwise than by shares
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) acquired/sold
d) Shares encumbered / invoked/released by the
- 0.0000 0.0000
acquirer
e) Total (a+b+c+/-d) 21,36,752 5.6064 5.6064
After the acquisition/sale, holding of:
a) Shares carrying voting rights
Ashish Rasesh Kanakia 15,76,321 4.1360 4.1360
Niyati Rasesh Kanakia 15,76,321 4.1360 4.1360
Vrutant Himanshu Kanakia 15,76,321 4.1360 4.1360
Vrusti Benefit Trust 15,76,321 4.1360 4.1360
Rasesh Kanakia 12,73,924 3.3425 3.3425
Himanshu Kanakia 12,73,824 3.3423 3.3423
Rupal Kanakia 24,28,844 6.3728 6.3728
Hiral kanakia 24,28,844 6.3728 6.3728
Rupal Kanakia Trust 30,68,800 8.0519 8.0519
Hiral Kanakia Trust 30,68,800 8.0519 8.0519
Ashish Benefit Trust 30,68,800 8.0519 8.0519
Vrutant Benefit Trust 30,68,800 8.0519 8.0519
Kanakia Gruhnirman Private Limited 140 0.0004 0.0004
Kanakia Finance & Investment Private Limited 140 0.0004 0.0004
b) Shares encumbered with the acquirer - - -
c) VRs otherwise than by shares - - -
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) after acquisition
e) Total (a+b+c+d) 2,59,86,200 68.1827 68.1827
Mode of acquisition / sale (e.g. open market / public
PreferentialallotmentofEquitySharesuponconversionofequalNos.of
issue / rights issue / preferential allotment / inter-se
warrants
transfer/ encumbrance etc).
Salient features of the securities acquired including Equity shares havingface valueof ₹5(Five) (“EquityShare”) each at a
time till redemption, ratio at which it can be price of ₹117 (One Hundred Seventeen) payable in cash including a
converted into equity shares, etc. premium of ₹112 (One Hundred Twelve) per equity share
Date of acquisition of/ date of receipt of intimation of
allotment of shares / VR/ warrants/convertible
30-07-2026
securities/any other instrument that entitles the
acquirer to receive shares in the TC.
Equity share capital / total voting capital of the TC
₹17,13,32,000 consisting of 3,42,66,434 Equity Shares of ₹5 each
before the said acquisition / sale
Equity share capital/ total voting capital of the TC
₹19,05,62,935 consisting of 3,81,12,587 Equity Shares of ₹5 each
after the said acquisition / sale
Total diluted share/voting capital of the TC after the
₹19,05,62,935 consisting of 3,81,12,587 Equity Shares of ₹5 each
said acquisition
Note:
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35
of the listing Agreement.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible
securities/warrants into equity shares of the TC.
Vrutant H Kanakia
Promoter Group
Signature of the acquirer
Place: Mumbai
Date: 03/08/2026