Mukta Arts has informed that Mukta A2 Cinemas, a subsidiary of the company announces the launch of its new properties. Coinciding with the Pongal week, Mukta A2 Cinemas opened today its single screen property at Shamsabad in Hyderabad. Earlier, on Diwali, Mukta A2 Cinemas launched its three screen property in Karimnagar, Telangana. Another Single Screen under the JV, Asian Mukta A2 Cinemas LLP, is slated to open on 25th January, 2019 at Uppal in Telangana. With addition of these five screens, the screen count of Mukta A2 Cinemas goes upto 48 apart from 6 in Bahrain and 10 screens under its JV with Asian Cinemas. So total screen count goes to 64 screens. Next in line is a two screen property in Bhilai, Madhya Pradesh which is expected to open by end of January, 2019.
The above information is a part of company’s filings submitted to BSE.
