INOX Leisure is reportedly planning to incur a capital expenditure (capex) of Rs 1,500 crore for expansion. The company will invest the same through internal accruals, as there is enough cash already in the group to fund the expansion.
The company is leading the market in new signings in the past three years and currently it has almost 500 screens operational and another 700 signed.
INOX Leisure is amongst India’s largest multiplex chains.