PVR has received an approval from High Court of Delhi for its proposed scheme of arrangement entailing demerger of production business undertaking of PVR Pictures (PPL) with the company effective from the appointed date of April 01, 2011 and to carry financial restructuring.
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. It currently owns 101 screens across 14 cities and many more are in the offing.
