PVR has raised Rs 50 crore through secured redeemable non-cumulative listed rated non-convertible principal protected market linked debentures (NCDs) and allotted 500 NCDs having face value of Rs 10 lakh each, at par, fully paid on a private placement basis. The said NCDs carry tenure of 15 months and the due date of redemption is January 7, 2022.
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.