Biggies of Indian Cinema Exhibition, PVR and INOX Announces Merger
Movie theater chain companies, PVR and Inox Leisure received s approval for stock amalgamation
Merger expected to bring two of India’s best cinema brand for unparalleled viewer experience
A re-constituted 10-member board of directors with equal representations will be present
The amalgamation would witness Ajay Bijli as the Managing Director and Sanjeev Kumar as the Executive Director
PVR to hold 10.62% and INOX 16.66% stake
Amalgamation ensures Growth of Indian cinema exhibition industry and value addition for stakeholders
