Niyati Raesh K Kanakia acquired 5,34,188 shares of Cineline India Limited for ₹4.33 Cr at ₹81.00 apiece through a preferential allotment, increasing their holding from 1,042,133 to 1,576,321 shares.
A prominent player in India's film exhibition sector, Cineline India operates multiplex cinemas across the country, providing diverse entertainment experiences to audiences nationwide. The company engages in movie exhibition through its theatre chain network, focusing on delivering quality cinema experiences in urban and semi-urban markets. Established in 2002, it remains a key participant in India's organized film exhibition landscape with a focus on customer experience.
