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PVR enters into share purchase agreement with L Capital Eco

31 Jan 2015 Evaluate

PVR has entered into share purchase agreement with L Capital Eco on January 29, 2015 for purchase of their entire investment in equity and preference shares of PVR Leisure. The board of directors at their meeting held on January 30, 2015 has taken the note of it.

PVR is engaged in the business of film exhibition. The company operates other business such as providing content, film distribution and Entertainment Park through its subsidiaries. Currently, the company has achieved the status of being India’s largest cinema chain.

Peers
Company Name CMP
PVR Inox 1329.05
Saregama India 500.40
Shemaroo Entertain. 119.75
UFO Moviez India 61.00
Balaji Telefilms 95.70
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