Cineline India launches new brand ‘MovieMax’

Cineline India Ltd. | Film Production, Distribution & Entertainment | Media | BSE: 532807 | NSE: CINELINE

14 Feb 2022 Evaluate

Cineline India has launched new brand ‘MovieMax’ and logo for cinema exhibition operations of the company. The company is also planning to hive off Non-Core Business and become an asset-light company. The company intends to monetize various assets owned by the wholly-owned subsidiary of the company for growth of cinema exhibition business and reduce debt. The company expects Rs 350 to Rs 450 crore through monetization of these assets.

Cineline India is one of the most renowned real estate players in MMRDA region.

Peers

Company Name	CMP
PVR Inox	1276.80
Saregama India	501.45
Shemaroo Entertain.	122.00
UFO Moviez India	60.33
Balaji Telefilms	95.90
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.