Multiplex major PVR is looking to raise up to Rs 250 crore through issuance of non-convertible debentures (NCDs). In this regard, the company’s board will meet on July 29, 2016. The company, however, did not specify on what it intends to do with the money.
PVR is the largest and the most premium film and retail entertainment company in India. The company 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.
