The merged entity would invest capex of Rs 2.5 crore per screen as part of their expansion, said Inox Leisure Director Siddharth Jain
Around 70 per cent of the market consists of single-screen cinemas, which are facing a shutdown, whereas multiplexes, with 30 per cent share and 2,700 screens,...
The respective board of directors of the two companies at their meetings held on Sunday have approved an all-stock amalgamation of Inox with PVR.
Cinépolis will be the largest shareholder in the merged company, with around a 20% stake, the report said
As per the filing, the "proposed offer consists of a fresh issue of equity shares aggregating up to Rs 3,700 million (Rs 370 crore) and an offer for sale of...
The Delhi government’s decision to shut theatres owing to the rise in Covid-19 cases has terribly scared the exhibitors. The film producers definitely want...
According to the company, which operates 658 screens across 156 multiplexes in 70 cities, it has started opening cinemas in a staggered manner from July 2021.