Credit rating agency -- CRISIL has removed its rating on the long-term bank facilities and non-convertible debentures of PVR from 'Rating Watch with Negative Implications' while reaffirming the rating at 'AA' and assigning a ‘Negative’ outlook. CRISIL has also assigned its 'PP-MLD AAr/Negative' rating to Rs 50 crore long-term principal protected market linked debentures (MLDs) of PVR.
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.
