Cineline India Limited — Major Shareholding Notification 2021

Oct 20, 2021

RUPAL RASESH KANAKIA & HIRAL HIMANSHU KANAKIA

Kanakia Future City, Residential Building No.2, CTS No.101, Village Tirandaz, Powai, Mumbai –

400076

		Date: 20th October,2021
National Stock Exchange of India Limited	BSE Limited	Cineline India Limited
Exchange Plaza, 5thFloor,	Corporate Relationship Department	Kanakia Future City, Residential Bluilding No. 2, CTS No.101, Village Tirandaz, Powai. Mumbai- 400076
Plot No. C/1, G Block,	1stFloor, New Trading Ring,
Bandra Kurla Complex,	PJ Towers, Dalal Street,
Bandra(East),Mumbai - 400 051	Fort,Mumbai - 400 001

Company Code: 532807 (BSE) / CINELINE (NSE)

Sub: Filing of report under regulation 10(6) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for proposed acquisition of shares by way of gift.

Dear Sir/ Ma'am,

As due compliance of Regulation 10(5) of the SEBI (SAST) Regulations, 2011, the undersigned being part of the Promoter and Promoter Group of the Company, hereby furnish the REPORT in the specified format under regulation 10(6) in respect of POST inter-se acquisition (by way of gift) of 42,00,000 (13.96%) shares of Cineline India Limited being the Target Company ("TC") as follows;

Name of the Person (belongs to Promoter Group) Transferor / Donor	Name of the Transferee / Donee	No of Shares transferred by wayofgift.	% of Holding
Mr. Rasesh Babubhai Kanakia	Mrs. Rupal Rasesh Kanakia	21,00,000	6.98
Mr. Himanshu Babubhai Kanakia	Mrs. Hiral Himanshu Kanakia	21,00,000	6.98

The shares have been acquired by way of "Gift" from amongst the Promoter and Promoter Group pursuant to exemption provided in Regulation 10 (1)(a)(ii) (qualifying person being persons named as promoters in the shareholding pattern filed by the TC for not less than three years prior to the proposed acquisition) and there will be no change in the total shareholding of the Promoters Group after such inter-se transfer of shares of TC.

Thanking You.

Yours Faithfully,

Rupal Rasesh Kanakia Member of Promoter Group of Cineline India Limited (Acquirer) RUPAL RASESH KANAKIA Digitally signed by RUPAL RASESH KANAKIA Date: 2021.10.20 15:07:40 +05'30'	Hiral Himanshu Kanakia Member of Promoter Group of Cineline India Limited (Acquirer) HIRAL HIMANSHU KANAKIA Digitally signed by HIRAL HIMANSHU KANAKIA Date: 2021.10.20 14:58:16 +05'30'

Encl: As above

– Format for Disclosures under Regulation 10(6) Report to Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1.	Name of the Target Company (TC)	CINELINE INDIA LIMITED	CINELINE INDIA LIMITED
2.	Name of the acquirer(s)	1. Rupal Rasesh Kanakia 2. Hiral Himanshu Kanakia The disclosure is pursuant to lnter-se transfer of Shares (by way of Gift) amongst Promoter and Promoter Group.
3.	Name of the stock exchange where shares of the TC are listed	1. BSE Limited 2. National Stock Exchange of India Limited
4.	Details of the transaction including rationale, if any, for the transfer/ acquisition of shares.	Date of transaction: October 18, 2021 The proposed acquisition is Inter-se transfer by way of Gift of Shares within family, amongst Promoter and Promoter Group.
5.	Relevant regulation under which the acquirer is exempted from makingopen offer.	10(1)(a)(ii) of SEBI (SAST) Regulations, 2011
6.	Whether disclosure of proposed acquisition was required to be made under regulation 10 (5) and if so,  Whether disclosure was made and whether it was made within the timeline specified under the regulations.  Date of filingwith the stock exchange.	Yes, disclosure under regulation 10(5) was made within the timeline specified under the regulations Date: October 8, 2021
7.	Details of acquisition	Disclosures required to be made underregulation 10(5)	Whether the disclosures under regulation 10(5) are actually made
	a. Name of the transferor / seller	1. Rasesh Babubhai Kanakia 2. Himanshu Babubhai Kanakia	Yes
	a. Date of acquisition	October 18, 2021	Yes
	b. Number of shares/ voting rights in respect of the acquisitions from each person mentioned in 7(a) above	Please referAnnexure A given below	Yes
	c. Total shares proposed to be acquired / actually acquired as a % of diluted share capital of TC
	d. Price at which shares are proposed to be acquired / actuallyacquired	“NIL”	Yes

		Shares were transferred by way of Gift. Therefore, no consideration involved.	Shares were transferred by way of Gift. Therefore, no consideration involved.
8.	Shareholding details	Pre-Transaction		Post-Transaction
		No. of shares held	% w.r.t. to total share capital of TC	No. of shares held	% w.r.t. to total share capital of TC
	a. Each Acquirer / Transferee(*)
	Acquirer(s) and PACs (other than sellers)(*) 1) Rupal Rasesh Kanakia 2) HIral Himanshu Kanakia	3,28,844 3,28,844	1.09 1.09	24,28,844 24,28,844	8.07 8.07
	TOTAL Acquirer(s) and PACs (other than sellers)(*) 1) Rupal Rasesh Kanakia 2) HIral Himanshu Kanakia 3) Rupal Kanakia Trust 4) Hiral Kanakia Trust 5) Ashish Benefit Trust 6) Vrutant Benefit Trust 7) Kanakia Finance & Investment Pvt Ltd 8) Kanakia Gruhnirman Pvt Ltd	3,28,844 3,28,844 30,68,800 30,68,800 30,68,800 30,68,800 140 140	1.09 1.09 10.20 10.20 10.20 10.20 0.0005 0.0005	24,28,844 24,28,844 30,68,800 30,68,800 30,68,800 30,68,800 140 140	8.07 8.07 10.20 10.20 10.20 10.20 0.0005 0.0005
	b. Each Seller / Transferor
	1) Rasesh Babubhai Kanakia 2) HimanshuBabubhai Kanakia	33,73,924 33,73,824	11.21 11.21	12,73,924 12,73,824	4.23 4.23

Note:

• (*) Shareholding of each entity shall be shown separately and then collectively in a group.

• The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.

RUPAL Digitally signed by RUPAL RASESH RASESH KANAKIA Date: 2021.10.20 KANAKIA 15:06:59 +05'30'

HIRAL Digitally signed by HIRAL HIMANSHU HIMANSHU KANAKIA Date: 2021.10.20 KANAKIA 14:57:30 +05'30'

___ ___ Rupal Rasesh Kanakia Hiral Himanshu Kanakia Member of Promoter Group of Cineline India Member of Promoter Group of Cineline India Limited Limited

(Acquirer)

(Acquirer)

Place: MUMBAI Date: 20[th] October,2021

Annexure A: Point No 7 b. & c.

Sr No	Name of the Transferee being part of Promoter & Promoter Group	Name of the Seller being part of Promoter & Promoter Group	No. of shares	% of shareholding	Consideration
1.	Rupal R Kanakia	Rasesh Kanakia	21,00,000	6.98%	By way of Gift
2.	Hiral H Kanakia	Himanshu Kanakia	21,00,000	6.98%	By way of Gift