PVR’s board has approved the fund raising of up to Rs 300 crore through issuance of equity shares of face value of Rs 10 each (Equity Shares) on rights issue basis (as decided by the Board of Directors or the Fund Raise Committee) to the eligible equity shareholders of the company. The board of directors of the company, in its meeting held on June 8, 2020, has approved the same.
PVR is the largest and most premium film exhibition company in India. Since its inception in 1997, the brand has redefined the way entertainment is consumed in the country.