Cineline India Limited — Major Shareholding Notification 2021

Oct 11, 2021

Date: 8[th] 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: Prior Intimation under regulation 10(5) 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 PRIOR INTIMATION in the specified format under regulation 10(5) in respect of proposed inter-se acquisition 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 proposed to be 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 are proposed to be acquired by way of "Gift" 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,

HIRAL Digitally signed by HIRAL HIMANSHU HIMANSHU KANAKIA Date: 2021.10.08 KANAKIA 20:47:36 +05'30'

Hiral Himanshu Kanakia Promoter of Cineline India Limited (Acquirer) Encl: As above

– Format for Disclosures under Regulation 10(5) Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1	Name of the Target Company (TC)	Name of the Target Company (TC)	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 wayof Gift)amongst Promoter and Promoter Group.
3	Whether the acquirer(s) is/ are promoters of the TC prior to the transaction. If not, nature of relationship or association with the TC or itspromoters		Yes The disclosure is pursuant to lnter-se transfer of Shares (by way of Gift) amongst Promoter and Promoter Group.
4.	Details of the proposed acquisition
	a .	Name of the person(s) from whom shares are to be acquired	1. Rasesh Babubhai Kanakia 2. Himanshu Babubhai Kanakia
	b .	Proposed date of acquisition	On or after 16-10-2021
	c .	Number of shares to be acquired from each person mentioned in 4(a)above	Please referAnnexure A
	d .	Total shares to be acquired as % of share capital of TC	13.96% OF TC
	e .	Price at which shares are proposed to be acquired	“NIL” Shares are proposed to be transferred by way of Gift. Therefore, no consideration involved.
	f .	Rationale, if any, for the proposed transfer	Inter-se transfer by way of Gift of Shares within family, amongst Promoter and Promoter Group
5	Relevant sub-clause of regulation 10(1)(a) under which the acquirer is exempted from making open offer		Regulation 10(1)(a)(ii) of SEBI (SAST) Regulations, 2011.
6	If, frequently traded, volume weighted average market price for a period of 60 trading days preceding the date of issuance of this notice as traded on the stock exchange where the maximum volume of tradingin the shares of		Not Applicable Shares are proposed to be transferred by way of Gift. Therefore, no consideration involved.

	the TC are recorded during such period.	the TC are recorded during such period.
7	If in-frequently traded, the price as determined in terms of clause (e) of sub-regulation (2) of Regulation 8.		Not Applicable Shares are proposed to be transferred by way of Gift. Therefore, no consideration involved
8	Declaration by the acquirer, that the acquisition price would not be higher by more than 25% of the price computed in point 6 or point 7 as applicable.		Not Applicable Shares are proposed to be transferred by way of Gift. Therefore, no consideration involved
9	Declaration by the acquirer, that the transferor and transferee have complied / will comply with applicable disclosure requirements in Chapter V of the Takeover Regulations 2011 (corresponding provisions of the repealed Takeover Regulations 1997		We hereby declare that the Acquirers and Sellers have complied / will comply with applicable disclosure requirements in Chapter V of the Takeover Regulations 2011. (corresponding provisions of the repealed Takeover Regulations 1997.
10	Declaration by the acquirer that all the conditions specified under regulation 10(1)(a) with respect to exemptions has been duly complied with.		We hereby declare that the Acquirers have complied with all the conditions specified under regulation 10(1)(a) with respect to exemptions claimed herein.
11	Shareholding details		Before the Proposed Transaction		After the Proposed Transaction
			No. of shares / voting rights	% w.r.t. total share capital of TC	No. of shares / voting rights	% w.r.t. total share capital of TC
	a .	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 .	Sellers 1) Rasesh Babubhai Kanakia 2) Himanshu Babubhai 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 may 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: 2021.10.08 KANAKIA 20:32:09 +05'30'

HIRAL Digitally signed by HIRAL HIMANSHU HIMANSHU KANAKIA Date: 2021.10.08 KANAKIA 20:33:16 +05'30'

___ ___ Rupal Rasesh Kanakia Hiral Himanshu Kanakia Promoter of Cineline India Limited Promoter of Cineline India Limited (Acquirer) (Acquirer)

Place: MUMBAI Date: 08.10.2021

ANNEXURE A

POINT 4 (C)

Number of shares to be acquired mentioned in 4(c) above

Sr No	Name of the Transferee being part of Promoter Group	Name of the Seller being part of Promoter Group	No. of shares	% of shareholding	Consideration
1.	Rasesh Kanakia	Rupal R Kanakia	21,00,000	6.98%	Byway ofGift
2.	HimanshuKanakia	Hiral Kanakia	21,00,000	6.98%	Byway ofGift