Cineline India is currently trading at Rs. 34.60, up by 1.20 points or 3.59% from its previous closing of Rs. 33.40 on the BSE.
The scrip opened at Rs. 33.40 and has touched a high and low of Rs. 35.60 and Rs. 30.80 respectively. So far 29180 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 45.95 on 13-Jan-2020 and a 52 week low of Rs. 16.30 on 19-Mar-2020.
Last one week high and low of the scrip stood at Rs. 36.05 and Rs. 25.00 respectively. The current market cap of the company is Rs. 96.60 crore.
The promoters holding in the company stood at 70.29%b and Non-Institutions held 29.71%.
Cineline India has received an approval for acquisition of 100% equity shares of R&H Spaces by Company's wholly owned subsidiary i.e.'Transquare Realty' by executing Share Purchase agreement with related party, subject to approval of Members pursuant to Section 188 of the Companies Act, 2013 read with the Companies (Meeting of Board and its Powers) Rules, 2014 and Regulation 23 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
The Board of Directors of the Company at their meeting held on November 27, 2020 have accorded their approval for the same.
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