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Cineline India Ltd. Company History and Annual Growth Details

Our Company was incorporated on May 22, 2002 under the Companies
Act as Cineline Entertainment (India) Private Limited to primarily carry on
the business of building, owning, and operating Multiplexes, Theatres and
entertainment centres. The name of our Company was changed to Cinemax
Cinemas (India) Private Limited on December 23, 2005. We were converted
to a public limited company by a resolution of the members passed at the
AGM held on June 12, 2006. The fresh certificate of incorporation consequent
to the change of name of our Company was issued by the RoC on July 27, 2006.

Our Company was incorporated with its registered office at Acme Commercial
Arcade, 4th Floor Trikamdas Road, Kandivali (W) Mumbai-400067, which was
subsequently shifted to 5th Floor, 349 Business Point, Western Express Highway,
Andheri (East), Mumbai 400069 consequent to the approval of the Board on March
28, 2006. Pursuant to the approval of our Board on August 25, 2006, the registered
office of our Company was shifted from 5th Floor, 349 Business Point, Western
Express Highway, Andheri (East), Mumbai 400069 to 805, 8th Floor, 349 Business
Point, Western Express Highway, Andheri (East), Mumbai 400069, where it is
presently situated.

Our Company had carried out a restructuring exercise, wherein seven of our group
companies i.e. Rupam Private Limited, Hariyash Theatres Private Limited, Kanakia
Shelters Private Limited, Kanakia Creators Private Limited, Vrushti Theatres Private
Limited, Cineline Cinemas (India) Private Limited, and Cineline Multiplex Theatres
(India) Private Limited (hereinafter referred to as the "merged entities") were merged
with us with effect from April 1, 2006. The High Court of Bombay sanctioned the
Scheme of Amalgamation on March 24, 2006. The restructuring exercise was done
with a view to consolidate the Theatres and Multiplexes operated by us through
various subsidiaries under the brand name of CINEMAX and also to facilitate cost
effective regulatory compliance. Some of the salient features of the Scheme of
Amalgamation are as follows.

1. The entire business and whole of the undertakings of Rupam Private Limited,
Hariyash Theatres Private Limited, Kanakia Shelters Private Limited, Kanakia
Creators Private Limited, Vrushti Theatres Private Limited, Cineline Cinemas (India)
Private Limited and Cineline Multiplex Theatres (India) Private Limited, as on the
appointed date of April 1, 2006 was transferred to and vested in our Company so
as to become assets and properties of our Company.

2. The entire equity share capital of Rupam Private Limited, Hariyash Theatres
Private Limited, Kanakia Shelters Private Limited, Kanakia Creators Private Limited,
Vrushti Theatres Private Limited and Cineline Multiplex Theatres (India) Private
Limited was being held by our Company and subsequently on the Scheme of
Amalgamation becoming effective, stood automatically cancelled. However, we
along with Rupam Private Limited, Hariyash Theatres Private Limited, Vrushti
Theatres Private Limited and Kanakia Shelters Private Limited held collectively
only 71.64% of the equity share capital of Cineline Cinemas (India) Private
Limited and the remaining 28.36% equity shares was being held by the other
shareholders, who were issued twelve redeemable non-convertible Preference
Shares of Rs 10 each of our Company for every one equity share held by them
in Cineline Cinemas (India) Private Limited.

Currently, we have three wholly owned subsidiaries namely Vista Entertainment
Private Limited, Growel Entertainment Private Limited and Nikmo Finance Private
Limited, a wholly owned subsidiary of Growel Entertainment Private Limited. Vista
Entertainment Private Limited and Nikmo Finance Private Limited operate our
Multiplexes at Versova i.e Cinemax-Versova and at Kandivali (East) i.e Cinemax-
Kandivali (East) respectively, pursuant to business conducting agreements. For
more details on the business conducting agreements, see the section titled "History
and Certain Corporate Matters- beginning on page 93 of this Draft Red Herring
Prospectus.

Major Events

A chronology of some of the key events of the group is set forth.

Calendar Year
and Month Events

December, 1997 Commencement of first Theatre at Goregaon-West (Mumbai)
which was owned and operated collectively by the merged
entities Kanakia Creators Private Limited and Kanakia Shelters
Private Limited*.

February, 1998 Commencement of second Theatre at Kandivali - West (Mumbai),
which was owned andoperated by the merged entity Hariyash
Theatres Private Limited*.

August, 1998 Commencement of Theatre at Andheri - East (Mumbai) which was
owned and operated by the merged entity Vrusti Theatres Private
Limited**.

October, 2000 Commencement of first Theatre with multiple screens at Sion
(Mumbai) under the brand name CINEPLANET, which was owned
and operated by the merged entity Rupam Private Limited.

December, 2003 Commencement of first Multiplex at Wonder Mall, Thane (near
Mumbai) - under the brand name CINE WONDER.

May, 2004 Commencement of Multiplex at Mira Road (near Mumbai) - under the
brand name CINE PRIME and at Nashik under the brand name of
CINE ZONE.

April, 2005 All the Theatres/Multiplexes renamed to CINEMAX to create a chain of
Theatres/Multiplexes, centred around the brand CINEMAX.

September, 2005 For the first time we operated a Multiplex at Versova under a
conducting arrangement through our subsidiary Vista Entertainment
Private Limited.

April, 2006 Carried out restructuring exercise pursuant to which our erstwhile
subsidiary companies (Rupam Private Limited; Hariyash Theatres
Private Limited; Kanakia Shelters Private Limited; Kanakia Creators
Private Limited; Vrushti Theatres Private Limited; Cineline Cinemas
(India) Private Limited; and Cineline Multiplex Theatres (India) Private
Limited) were merged with us with effect from April 1, 2006. All the
Theatres/Multiplexes were now owned directly by our Company, except
Cinemax - Versova and Cinemax - Kandivali (East), which we operate
under conducting agreements.

May, 2006 Opening of the Eternity Mall with Multiplex and the first Giggles- The
Gaming ZoneTM at Cinemax- Eternity Mall, Thane

* Upto 2000, although the Theatre was owned by us, it was operated by Shringar
Cinemas Limited.

** Upto 2000, although the Theatre was owned by us, it was operated by VIP Exhibitors.

2007
- Cinemax India Ltd has informed that the Board of Directors of the Company has appointed the following directors:

1. Mr. Girish Dave - Independent Director

2. Ms. Hiral Kanakia - Executive Director

-Cinemax India Limited has informed that "The Company has complied with the provisions under Sub Clause 49(III) of Clause 49 of the Listing Agreement by appointing Mr.Pravin Ghatalia, Independent Director of the Company, as an Independent Director of Vista Entertainment Private Limited, a Subsidiary of the Company, w.e.f. 31st July 2007".

2008

-Cinemax India Limited has appointed Mr. Jatin J. Shah as Company Secretary & Compliance Officer of the Company with effect from 11th March, 2008.

2010

- Cinemax India Ltd has appointed Mr. Sunil Punjabi as the Chief Executive Officer of the Company, w.e.f. July 12, 2010.

- Cinemax India Ltd has appointed Mr. Upal Sheth, as an Independent Director of the Company and Mr. Sanjay Sanghvi, as an Non-Executive Director of the Company.

-Registered Office of the Company has been shifted From 349 Business Point, 8th Floor, Western Express Highway, Andheri-East, Mumbai - 400069 To 215 Atrium, 10th Floor, Opp. Divine School, J.B. Nagar, Andheri Kurla Road, Andheri-East, Mumbai-400059.

2011

-Cinemax Launches Five Screens Multiplex at Raipur, Chattisgarh

-Cinemax India Ltd has Launches Six Screens Multiplex at Pacific Mall, Rajouri Garden, New Delhi.

-Cinemax India Ltd has Launches four screens multiplex "Soul Space Spirit" situated at Survey No. 89/6, 78/7, Belandur Junction, Outer Ring Road, Opp. Acme Hormony Plaza, Bangalore 560053.

-Cinemax India Ltd has Launches four screens multiple "Cinemax Inorbit Mall- pune" situated at Survey No. 35, Opp. Hotel Park Estique, Vadgoan Sheri, Pune Nagar Road, Pune- 411006.

-Cinemax India Ltd has Launches Five Screens Multiplex at Cinemax - Malad, Infinity - 2 Mall, Malad (W).

-Cinemax India Ltd has Launches Three Screens Multiplex at "Cinemax - Central Iris Mall, 3rd Floor, Opp. Govardhan Haveli, Gaurav Path, Dummas Road, Surat - 395007.

-Cinemax India Ltd has Launches Six Screens Multiplex at Cinemax - Bangalore 2 Arena.

2012

-Company has changed its name from Cinemax India Ltd. to Cinemax Properties Ltd.

-Cinemax India Ltd has Launched Six Screens Multiplex at Cinemax Inorbit Mall situated at Hi-Tech City, Madhapur, Cyberabad, Andra Pradesh.

2013

-The name of Cinemax Properties Ltd. shall be changed to Cineline India Ltd. and the trading symbol of the Company be changed from CINEPRO to CINELINE.

2022
-Cineline India has acquired 27 additional screens on a lease basis of which 9 are in Uttar Pradesh, 6 in Rajasthan, 5 in Noida, 5 in Gujarat and 2 in Maharashtra.
-Cineline India - Opening Of 2 - Screen Multiplex At Bikaner, Rajasthan.
-Cineline India - Opening Of 5 - Screen Multiplex At Sarvodaya Mall Kalyan, Mumbai.

2023
-Cineline India - Opening Of 6 - Screen Multiplex At Shalimar Gateway Mall, Lucknow.

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