Cineline India has informed that upon receipt of an amount aggregating to INR 9,85,05,000 at the rate of INR 55 per warrant from all the warrant holders, as per the terms of issue of Warrants, the Securities Allotment Committee of the Board of Directors of the Company, has on 11th December, 2023, considered and approved the allotment of 17,91,000 Equity Shares of INR 5 each, upon conversion/ exchange of/for equal number of Warrants more specifically provided in the attachment.
The above information is a part of company’s filings submitted to BSE.
