Cineline India is planning to raise funds by way of issuance of securities / warrants convertible into equity shares of the Company through permissible modes including preferential allotment, in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the Companies Act, 2013, as amended, subject to such regulatory/ statutory approvals as may be required. A meeting of the Board of Directors of Cineline India is scheduled to be held on June 7, 2022, to consider, evaluate the same.
Cineline India is one of the most renowned real estate players in MMRDA region.
