SRS group is planning to sell its multiplex business to pare debt. The company has appointed SBI Capital to sell off the asset. SRS Multiplex, which operates under the SRS Cinemas brand, is a mid-size chain operating in tier-II and III cities in the Delhi-NCR region and northern India.
SRS Group, which has diversified interests in sectors including jewellery, commodities, retail, hospitality, financial services, real estate, education and healthcare, has seen a major slump in its core business.